$709,000
398 NE 5th St # 2112, Miami FL 33132
Miami, FL, 33132
- Year Built
- 2022
- Garage
- 1 spaces
- Property Type
- Hotel/Motel
- HOA Fee
- $445/mo
- Annual Taxes
- $9,820/yr
- MLS #
- A12039725
Market Position
Using 5 of 5 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $709,000 · area median: $280,000
- Days on market
- 1 · area median: 276
Priced below 0% of 5 comparable listings · area median: $962/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 6, 2026
Listing courtesy of Damar Florida Real Estate · 786-285-6534
Listed by Mirtha Garcia
Last updated: Jun 19, 2026
Overview
Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.
Features
Interior
Exterior
Flooring
Heating
Cooling
Parking
View
Appliances
est.$4,848/mo
Est. payment based on a $709,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.