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398 NE 5th St Unit 2602, Miami, Florida 33132

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Active For Sale
$690,000
  • Beds 0
  • Baths 1
  • Sq Ft 430 Sqft
  • Visits: 24 in 54 days

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!

Features

  • Heating System: Other
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Door Man, Elevator Secured
  • Patio: Balcony, Open
  • Parking: Valet

Appliances

  • Appliances: Microwave

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: 2602
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Clubhouse, Other, Business Center
  • Association Fee: $661
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Common Areas, Cable Tv, Hvac
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Other, Built-in Features
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Tax Annual Amount: $11,213
  • Tax Year: 2025
  • Utilities: Cable Available
  • Window Features: Impact Glass

Location

Listing Updated: 2025-03-25 01:35:57

  • Parent : 398:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11756355
  • Price : $690,000
  • View : City, Intercoastal
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 430 Sqft
  • Year Built : 2022
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 53
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