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Overview
- Updated On:
- April 18, 2025
- 1 Bedrooms
- 1 Bathrooms
- 443.00 ft2
Description
Investor friendly opportunity at The Elser of Miami. This unique 25th floor studio is ideal for an income producing property or for an owner who wants the hotel vibe for a home. Unit 2506 is enrolled in the hotel program and offers a low HOA with great return. Located on Biscayne bay with breathtaking views. Nightly rentals permitted either through hotel program or 2 other approved vacation rental companies otherwise 181 day min lease required for rentals.
Address: 398 NE 5th St # 2506, Miami FL 33132
City: Miami
Area: The Elser
State/County: Miami-Dade County
Zip: 33132
Country: United States
Open In Google Maps
Property Id : 12807898
Price: $ 599,000
Property Size: 443.00 ft2
Bedrooms: 1
Bathrooms: 1
Building Name: The Elser
Unit Number: 2506
List Office Name: London Foster Realty
Association Amenities: Other,Pool
Association Fee: 600
Bathrooms Full: 1
Bathrooms Half: 0
Bathrooms Total Decimal: 1
Cooling: Central Air
Days On Market: 170
Inclusions: Other
Door Features: High Impact Doors
Electric: Circuit Breakers
Flooring: Other
Garage Spaces: 1
Heating: Other
On Market Date: 2024-10-30
Pets Allowed: Restrictions Or Possible Restrictions
Listing Id: A11684359
Previous List Price: 680000
Lot Size Units: Square Feet
Year Built Details: Resale
Street Name: 5th St
Street Number: 398
Street Number Numeric: 398
View: Other View
Waterfront Features: Waterfront
Other Features
Bar
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Home Owners Association
Other
Property Attached
$ 3,071.19
per month- Principal and Interest
- Property Tax
- HOA fee
$ 2,322.44
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