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398 NE 5th St Unit 2506, Miami, Florida 33132

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Active For Sale
$680,000
  • Beds 1
  • Baths 1
  • Sq Ft 443 Sqft
  • Visits: 1 in 3 days

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.

Features

  • Swimming Pool: Association
  • Heating System: Other
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Door Man
  • Parking: One Space

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: The Elser
  • Zipcode: 33132
  • Street: 5th St
  • Street Number: 398
  • Floor Number: 0
  • Longitude: W81° 55′ 12”
  • Latitude: N26° 21′ 19”
  • UnitNumber: 2506
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: Other
  • Association Amenities: Pool, Other
  • Association Fee: $600
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities
  • Close Price: $0
  • Exterior Features: Security/high Impact Doors
  • Flooring: Other
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Bar
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 49
  • Tax Annual Amount: $11,470
  • Tax Year: 2024
  • Utilities: Cable Available
  • Water Front Features: Other

Location

Listing Updated: 2024-11-01 19:55:17

  • Parent : 398:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11684359
  • Price : $680,000
  • View : Other
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 443 Sqft
  • Year Built : 2022
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 2
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