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A11963081, Condo 2116

for Sale in The ELSER Residences, Downtown Miami

398 NE 5th St - 2116, Miami, FL, 33132
  • Studio
  • 1 Bath
  • 362 ft2 (34m2)
Taxes: $9,386 per year, HOA: $557 Monthly
Listed on: Feb 13, 2026
Days on Market: 232

About #2116, The ELSER Residences

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

Property Details

A11963081, Condo #2116 for Sale in The ELSER Residences, Downtown Miami

  • Listed on:Feb 13, 2026
  • Days on Market:232
  • Maintenance: $557 Monthly
  • Taxes: $9,386 per year
  • Year built:2022
  • Furniture:Furnished
  • Floor:Tile
  • Occupancy:Tenant
  • Terms:Cash, Conventional
  • Pets Allowed:No, Yes, Pet Restrictions Possible
  • View:Bay
  • Parking:Valet

Maintenance Includes:

Amenities:

  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Pool
  • Bar
  • Business Center
  • Maintenance

Appliances:

  • Dryer
  • Disposal
  • Dishwasher
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer
  • 398 NE 5TH STREET CONDO UNIT 2116 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520

Condo #2116 Floor Plan

Click on the Plan to Enlarge

  • Apt Number

    2116

  • Bed/Bath

    studio/1

  • Floor

    21

  • Exterior

    37ft2 / 3m2

  • Interior

    362ft2 / 34m2

  • Total

    399ft2 / 37m2

A11963081, Condo #2116 for Sale in The ELSER Residences, Downtown Miami
Selling Price: $599,000
Prices in major cryptocurrencies today, 10,03,2026:
Crypto Price 24 hours (%) 7 days (%) Rate (USD)
Bitcoin
BTC 7.08 0.86 0.32 84,659.18
Ethereum
ETH 223.37 1.28 0.55 2,681.68
Solana
SOL 5018.85 0.81 1.04 119.35
Tether
USDT 599000 0.06 0.03 1.00
XRP
XRP 402013.42 0.67 1.97 1.49
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$12,340 per month
30 year, 6,5% Interest
  • Principan and interest

    $9,560

  • Property Taxes

    $782

  • Homeowners insurance

    n/a

  • HOA Dues

    $557

Annual Interest Rate:
Percentage Down:
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Currency Converter
Miami Residence uses a proprietary algorithm based on a real time analysis of local market trends, prices, and values.
MR Instant Estimate:
$19,500,000
3%
under list price of $20,6540,000
The ELSER Residences. Homes similar to #2116 are listed betveen 479K to 718K at an averenge of $1655 per square foot.
6 of 56

The ELSER Residences Downtown Miami

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398 NE 5th St #2116The ELSER Residences, FL, 33132?

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