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398 NE 5th Street #2503

$475,000

1 bd · 1 ba · 439 sqft · The Elser · Downtown

Sold Dec 15, 2025

Status
Sold
Price per sqft
$1,082/sqft
HOA
$455/mo
Year built
2022
Floor
25
Parking
1
Furnished
Furnished,Furniture Only
View
Bay, Bay View
Waterfront
Yes
Days on market
138
Listed
May 28, 2025
Sold
Dec 15, 2025
MLS #
R11094556

About this unit

Enjoy the best of both worlds—own your Miami pied-à-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern décor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!

Listing courtesy of Heartland Realty Group LLC — Gulay Ozer (Lic. #3550002) · MLS #R11094556 · Updated Aug 12, 2026

Neighborhood & lifestyle

What's around this home in Downtown — transit, parks, dining and landmarks within reach.

Nearby & transit
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk

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