The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished Studio residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.Can be sold as one or package deal with units 4503 and 4603.
For sale
Price cut: $49K (5/12)
$730,000
398 NE 5th Street #2903, Miami, FL 33132
1beds
439sqft
Est.:
Hotel/Motel
Built in 2022
-- sqft lot
$691,300 Zestimate®
$1,663/sqft
$680/mo HOA
What's special
Floor-to-ceiling windowsKeyless entrySmart thermostatNatural light
- 104 days
- on Zillow |
- 27 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 06:48am
Listed by:
Arthur Covas 561-235-6804,
Linart Realty, LLC
Source: BeachesMLS,MLS#: RX-11067982
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSTravel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: M
- Area: 80
- Dimensions: 10 x 8
Kitchen
- Level: M
- Area: 80
- Dimensions: 10 x 8
Living room
- Level: M
- Area: 80
- Dimensions: 10 x 8
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Entry Lvl Lvng Area
- Flooring: Ceramic Tile
- Windows: Impact Glass (Complete)
- Furnished: Yes
Interior area
- Total structure area: 439
- Total interior livable area: 439 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Exterior features: Auto Sprinkler
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: None
Details
- Parcel number: 0141370780840
- Zoning: RES
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Hotel/Motel
Materials
- Concrete
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: Cafe/Restaurant, Community Room, Fitness Center, Internet Included, Manager on Site, No Membership Avail
- Security: Lobby, Smoke Detector(s)
- Subdivision: The Elser
HOA
- Has HOA: Yes
- Services included: A/C Maintenance, Insurance-Bldg, Maintenance Structure, Parking, Pool Service, Sewer, Trash, Water
- HOA fee: $680 monthly
- Application fee: $150
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,663/sqft
- Tax assessed value: $564,800
- Annual tax amount: $11,314
- Date on market: 3/4/2025
- Listing terms: Cash,Conventional
- Lease term: Min Days to Lease: 2
- Electric utility on property: Yes
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