Basic Information

  • MLS # A11684359
  • Type Condominiums
  • Status Active
  • Subdivision/Complex The Elser Hotel & Residences
  • Year Built 2022
  • Total Sqft 443
  • Date Listed 11/01/2024
  • Days on Market 12
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.

Amenities

  • Other
  • Pool

Exterior Features

  • Waterfront Yes
  • WF Description Other
  • Pool Yes
  • View Other
  • Construction Type Block
  • Design Description Other
  • Exterior Features Security High Impact Doors
  • Parking Spaces 1
  • Parking Description One Space
  • Style Condominium

Interior Features

  • Adjusted Sqft 443
  • Cooling Description Central Air
  • Floor Description Other
  • Heating Description Other
  • Interior Features Bedroom On Main Level, Bar
  • Sqft 443

Property Features

  • Address 398 N E5th St2506
  • Aprox. Lot Size 443
  • Architectural Style Other
  • 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 CallAgent
  • Parking Features One Space
  • Pets Allowed Conditional, Yes
  • Pool Features Association
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • Short Sale Regular Sale
  • HOA Fees $600
  • Subdivision Complex The Elser Hotel & Residences
  • Subdivision Info The Elser Hotel & Residences
  • Tax Amount $11,470
  • Tax Information 01-4137-078-1820
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Other
  • Water Description Other
  • Year Built Details Resale

398 NE 5th St #2506

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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