Basic Information

  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser
  • Year Built 2022
  • Total Sqft 443
  • Date Listed 11/01/2024
  • Days on Market 228
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
  • Parking Spaces 1
  • Pool Yes
  • View Other
  • Construction Type Block
  • Waterfront Description Other
  • Parking Description One Space
  • Exterior Features Security High Impact Doors
  • Style Condominium

Interior Features

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

Property Features

  • Address 398 NE 5th St #2506
  • 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 Call Agent
  • Parking Features One Space
  • Pets Allowed Conditional, Yes
  • Pool Features Association
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $600
  • Subdivision Complex The Elser
  • Subdivision Info The Elser
  • Tax Amount $11,470
  • Tax Legal desc 01-4137-078-1820
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Other
  • Year Built Details Resale
  • Waterfront Description Other

398 NE 5th St #2506

Miami, FL 33132

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