398 NE 5th St # 2904, Miami FL 33132

$ 730,000
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Overview

  • Updated On:
  • March 25, 2025
  • 1 Bathrooms
  • 443.00 ft2

Description

Welcome to Unit 2904 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience.
Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!

Address: 398 NE 5th St # 2904, Miami FL 33132
City:
Area:
State/County:
Zip: 33132
Country: US
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Property Id : 13912113
Price: $ 730,000
Property Size: 443.00 ft2
Bathrooms: 1
Building Name: The Elser
Unit Number: 2904
List Office Name: London Foster Realty
Association Amenities: Business Center,Exercise Room
Association Fee: 681
Bathrooms Full: 1
Bathrooms Half: 0
Bathrooms Total Decimal: 1
Cooling: Central Air
Days On Market: 24
Door Features: High Impact Doors
Flooring: Tile
Garage Spaces: 1
Heating: Other
Number Of Units In Community: 646
On Market Date: 2025-02-28
Pets Allowed: Restrictions Or Possible Restrictions
Listing Id: A11753460
Lot Size Units: Square Feet
Year Built Details: Resale
Street Name: 5th St
Street Number: 398
Street Number Numeric: 398
View: Skyline
Window Features: Clear Impact Glass
Other Features
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Microwave
Other
Other Equipment/Appliances
Property Attached
$ 3,742.85
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,830.35

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Martha Russomanno