398 5th Street Unit 2007, Miami, FL 33132

$539,000 — Active

Property Features

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NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

▼ Price Reduced — originally listed at $650,000

Property Details

  • Listing ID: A12055966
  • Status: Active
  • Listing Date: 2026-07-20
  • Property Type: Condominium
  • Unit / Building #: 2007
  • Subdivision: MAP OF MIAMI DADE CO. FL.
  • County: Miami-Dade
  • MLS Area: 2420
  • Bedrooms: 0
  • Full Bathrooms: 1
  • Living Area Sq Ft: 442
  • Year Built: 2022

Financial

  • List Price: $539,000
  • Original List Price: $650,000
  • HOA Fee: $600/mo
  • Taxes: $9,430/yr

Features & Amenities

  • View: Bay
  • Pets Allowed: Yes
  • Parking: Valet
  • Cooling: Central Air
  • Heating: Central
  • Construction: CBS
  • Interior Features: Built-in Features, Closet Cabinetry
  • Exterior Features: Balcony
  • Community Amenities: Clubhouse, Elevator(s), Fitness Center, Management, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Bar, Business Center, Heated Pool, Private Beach Pavilion, Maintenance

Courtesy of EXP Realty LLC
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.