Basic Information

  • MLS # A11647764
  • Type Condominiums
  • Status Active
  • Subdivision/Complex The Elser Hotel & Residences
  • Year Built 2022
  • Total Sqft 362
  • Date Listed 08/26/2024
  • Days on Market 78
Description

Experience the ultimate in flexibility and income potential with this stunning studio unit. Whether you choose to live in it, lease it annually, or capitalize on the lucrative short-term rental market through platforms like Airbnb, VRBO, or Expedia, this property offers endless possibilities. The unit is exactly as depicted in the photos, featuring breathtaking views and exceptional design. Currently managed by YourHome Hospitality LLC, a premier vacation rental management company, all the details are expertly handled for you. This property is a prime income-generating opportunity, complete with top-tier amenities, including a state-of-the-art gym, pool, bar, restaurants, 24/7 front desk service, and​​‌​​​​‌​​‌‌​‌‌​​‌​​​‌​‌​​‌‌​​​​ more.

Amenities

  • Elevators
  • Fitness Center
  • Pool
  • Trash

Exterior Features

  • Waterfront Yes
  • WF Description Bayfront
  • Pool Yes
  • View Bay
  • Construction Type Block
  • Design Description High Rise
  • Exterior Features Balcony, Security High Impact Doors
  • Parking Spaces 1
  • Parking Description One Space, Valet
  • Style Condominium

Interior Features

  • Adjusted Sqft 362
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Interior Features Bedroom On Main Level, Elevator
  • Sqft 362

Property Features

  • Address 398 N E5th St2516
  • Aprox. Lot Size 362
  • 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 Vacant
  • Parking Features One Space, Valet
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Conditional, Yes
  • Pool Features Association, Heated
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • Short Sale Regular Sale
  • HOA Fees $470
  • Subdivision Complex The Elser Hotel & Residences
  • Subdivision Info The Elser Hotel & Residences
  • Tax Amount $9,980
  • Tax Information 398 NE STH STREET CONDO UNIT 2516 UNDIV 0.917% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Bay
  • Water Description Bayfront
  • Year Built Details Condo-Hotel

398 NE 5th St #2516

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: Sigma Real Estate & Investment. tel: 305-770-4440

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