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Active - Condominium for sale

398 NE 5th St # 2116, Miami FL 33132

1 bth|362 sqft

Facts & features

Condominium Property type
274 days on Beycome
2022 Year built
$1,655 Price/Sqft.
$557/mo HOA

Why you’ll love it

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.

Translating description...

Listings courtesy of United Realty Group Inc.

Listed by: Gabriela Melo • 954-234-6768 • United Realty Group Inc

Co-listed by: Isabela Ribeiro Sabio De Melo • 954-234-6768 • United Realty Group Inc

Source: Miami MLS, MLS#: A11963081 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$390,000$810,000
1%20%
0%90%
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Estimated monthly payment

$4,368/mo

  • Mortgage$3,029
  • Property tax$782
  • HOA fee
  • Homeowners insurance
Due at closing$476,205
Down payment held in escrow$119,800
Closing costs$8,985
beycome credit Est.$11,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$11,980 Credit back

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Travel times

About Map Of Miami Dade Co. Fl.

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$599,000 Listed price

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$11,980 Credit back

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