398 NE 5th St # 2219, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 626 Sq Ft

The Elser Hotel & Residences Unit 2219 at 398 NE 5th St # 2219, Miami, FL 33132 — photo 1
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About the Property

ANNUAL GROSS INCOME: $57,000! Exceptional investment opportunity in one of Miami’s most dynamic and rapidly transforming urban hubs. This income-producing property offers breathtaking views and an outstanding location, surrounded by newly developed ultra-luxury residences, world-class hotels, and iconic landmarks. A rare opportunity to own a prime piece of Miami real estate with strong income potential and long-term appreciation prospects.

Unit 2219 in Context

Unit 2219 is located at 398 NE 5th St, part of the 19 line on floor 22 of The Elser's 646-residence tower. 5 other 19 line residences are currently offered for sale in the building.

This Residence

$1,358/SF

Building Avg Asking

$1,447/SF

Financial

Fees & Taxes

Association Fee$662
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$13,500
Tax Year$2,025

Terms

All CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 22First Floor EntryNoneRooms Total: 0Stories Total: 41

Appliances

Other Equipment/Appliances

Flooring

Ceramic Floor

Cooling & Heating

ElectricElectric

Exterior & Views

View

Bay

Waterfront

Waterfront: YesWaterfront

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RiseConstruction Materials: Concrete Block ConstructionIDX Participation: YesNew Construction: No

Building & Community

Amenities

Association: YesOther

Security

Doorman

Parking

Garage: Yes1 Space

Pets & Restrictions

Pets AllowedNo

Listing Information

Dates & Status

Contract Status Change Date2026-10-20
Listing Contract Date2026-10-20
Mls StatusActive
On Market Date2026-10-20

Details

County Or Parish: Miami-Dade CountyMajor Change Type: NewCondo 5+ StoriesCondoYear Built Details: Resale

Additional Details

Building Area Total626
Building NameTHE ESLER HOTEL RESIDENCE
Door FeaturesHigh Impact Doors
Parcel Number01-41-37-078-6210
Property AttachedYes

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