Active

398 NE 5th St # 2506

Miami FL, 33132

$680,000


$1,534.99 per sqft

Active

1 Bed

1 Bath

443 sqft

Condos

Built in 2022

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.

A11684359

MLS ID

October 30, 2024

Listed

November 1, 2024

Updated

Map

398 NE 5th St # 2506
Miami FL, 33132

Interior Features

Total Stories

49


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Bar


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Other

Exterior/Building Features

Exterior Features

Other

Other Property Details

Area Name

The Elser


Taxes

$11,470


Tax Frequency

Annually


Days on Market

2


Association Fee

$600


Association Fee Frequency

Monthly


Association Amenities

Other, Pool


Garage

Yes


Garage Spaces

1


Parking

1 Space


View

Yes


View Description

Other View


County

Miami-Dade County


Pool

No


Waterfront

Yes

Listed by:  London Foster Realty
Listing Contact: 516-203-5253 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 6:41 PM UTC, 11/1/2024.

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