Basic Information

  • MLS # A11756355
  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser
  • Year Built 2022
  • Total Sqft 430
  • Date Listed 03/05/2025
  • Days on Market 128
Description

For Sale: Unit 2602 at The Elser in Miami offers a stunning, newly built, income-producing condo-hotel property in the heart of downtown. This fully furnished studio/ 1-bathroom / full kitchen unit boasts breathtaking views of the Miami skyline and Biscayne Bay, with a modern design and top-of-the-line finishes. The Elser provides an ideal investment opportunity with its lucrative condo-hotel rental program, no assessments, and a prime location near world-class dining, shopping, and entertainment. Enjoy resort-style amenities including a rooftop pool, fitness center, and concierge services, all while benefiting from the property’s income potential. Don’t miss out on this exceptional opportunity! Investor savy building!

Amenities

  • Business Center
  • Clubhouse
  • Other

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool No
  • View City, Intercoastal
  • Construction Type Block
  • Parking Description Valet
  • Exterior Features Balcony
  • Style Condominium

Interior Features

  • Adjusted Sqft 430Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Microwave
  • Floor Description Tile
  • Heating Description Other
  • Interior Features Built In Features, Other
  • Sqft 430 Sq.Ft

Property Features

  • Address 398 NE 5th St #2602
  • Aprox. Lot Size 430
  • Architectural Style High Rise
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Covered Spaces 1
  • Furnished Info no
  • Garage 1
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features Valet
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Conditional, Yes
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $661
  • Subdivision Complex The Elser
  • Subdivision Info The Elser
  • Tax Amount $11,213
  • Tax Legal desc 398 N E5 T H S T R E E T C O N D O U N I T2602 U N D I V0.1089% I N T I N C O M M O N E L E M E N T S O F F R E C33416-1520
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View City, Intercoastal
  • Window Features Impact Glass
  • Year Built Details Resale

398 NE 5th St #2602

Miami, FL 33132

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: London Foster Realty. tel: 305-514-0100

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