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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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398 NE 5th St 2116 , Miami, FL 33132
$599,000
Est. Payment: $3,001.82/mo
0 Bed
1 Bath
362 Sqft
Status: active | Days on site: 130
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Pedro Casanova
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House Description

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.
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Highlights

Listed by Gabriela Melo , 954-234-6768 and Isabela Ribeiro Sabio De Melo , 310-334-9284 United Realty Group Inc , 954-450-2000. REALTOR Association of Greater Miami and the Beach

Property Type

Condo/Townhome

HOA Fee

557 Monthly

Year Built

2022

County

Miami-Dade

Area

41

 Neighborhood

Map Of Miami Dade Co. Fl.

Listing ID

A11963081

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Floor:Tile
Other:Built-in Features,Bedroom on Main Level,Closet Cabinetry,Vaulted Ceiling(s),Walk-In Closet(s),Bar,Pets Allowed

Exterior Features

Lot:Bayfront
Others:Balcony,Security/High Impact Doors
Parking Features:Valet
Principal Interest
$3,002
Taxes
$782
HOA
$557

Home Price

$599,000

Loan Details

30 yrs
6.414%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,001.82

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,001.82 $782.17 $557.00 $4,340.99
Yearly $36,021.82 $9,386.00 $6,684.00 $52,091.82
Total $1,080,654.62 $281,580.00 $200,520.00 $1,562,754.62

Today's Rates

30 Year

6.41%

20 Year

6.22%

15 Year

5.85%

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Market insight data is pulled from the same city as the listing being viewed (Miami, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T21:49:27.000Z

© 2026 REALTOR Association of Greater Miami and the Beach