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A11972846, Condo 2418

for Sale in The ELSER Residences, Downtown Miami

398 NE 5th St - 2418, Miami, FL, 33132
  • 3 Beds
  • 3 Baths
  • 1,135 ft2 (105m2)
Taxes: $22,186 per year, HOA: $1,307 Monthly
Listed on: Mar 6, 2026
Days on Market: 211

About #2418, The ELSER Residences

Attention Investors: Short-Term Rental Approved Residence at The Elser Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential. This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers. Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas. Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand. With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.

Property Details

A11972846, Condo #2418 for Sale in The ELSER Residences, Downtown Miami

  • Listed on:Mar 6, 2026
  • Days on Market:211
  • Maintenance: $1,307 Monthly
  • Taxes:$22,186 per year
  • Year built:2022
  • Furniture:n\a
  • Floor:Tile
  • Occupancy:Vacant
  • Terms:Cash, Conventional, FHA, VA Loan
  • Pets Allowed:No, No
  • View:Other, Ocean
  • Parking:n\a

Maintenance Includes:

Amenities:

  • Elevator(s)
  • Fitness Center
  • Parking
  • Pool
  • Sauna
  • Spa/Hot Tub
  • Bar
  • Private Beach Pavilion
  • Maintenance

Appliances:

  • Electric Water Heater
  • Dryer
  • Disposal
  • Dishwasher
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer
  • 398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520

Condo #2418 Floor Plan

Click on the Plan to Enlarge

  • Apt Number

    2418

  • Bed/Bath

    3/3

  • Floor

    24

  • Exterior

    224ft2 / 21m2

  • Interior

    1,135ft2 / 105m2

  • Total

    1,359ft2 / 126m2

A11972846, Condo #2418 for Sale in The ELSER Residences, Downtown Miami
Selling Price: $1,600,000
Prices in major cryptocurrencies today, 10,03,2026:
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BTC 18.9 0.86 0.32 84,659.18
Ethereum
ETH 596.64 1.28 0.55 2,681.68
Solana
SOL 13405.95 0.81 1.04 119.35
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$12,340 per month
30 year, 6,5% Interest
  • Principan and interest

    $9,560

  • Property Taxes

    $1,849

  • Homeowners insurance

    n/a

  • HOA Dues

    $1,307

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 #2418 are listed betveen 1.2M to 1.9M at an averenge of $1410 per square foot.
48 of 56

The ELSER Residences Downtown Miami

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398 NE 5th St #2418The ELSER Residences, FL, 33132?

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