398 NE 5th St #2805

Listing details

Address

398 NE 5th St 2805

Price

$699,000

Status

Active for sale

Bedrooms

1

Bathrooms

1

Living area

442 sq ft

Year built

2022

Association fee

$680/month

Days on market

13

Listing description

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

How this listing compares

Listed at $1,581 per square foot. In Downtown Miami, the median closed price was $525 per square foot and the median time on market was 79 days.

Listing history

• 13 days on market.