Miami, FL 33132 398 NE 5th St 2602
$690,000
12 more
Presented By: This listing is courtesy of London Foster Realty;
Baths • 1
SQFT • 430
Garage • 1
Home Details
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!
Presented By: This listing is courtesy of London Foster Realty;
Interior Features for 398 NE 5th St 2602
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NNo
Laundry FeaturesWasherHookup, DryerHookup
Total Stories
Window FeaturesImpactGlass
Other Rooms
Entry Level26
General for 398 NE 5th St 2602
Additional Parcels Y/NNo
AppliancesMicrowave
Architectural StyleHighRise
Assoc Fee Paid PerMonthly
Association AmenitiesBusinessCenter, Clubhouse, Other
Association Fee IncludesAmenities, CommonAreas, CableTv, Hvac
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Entry Location26
Exterior FeaturesBalcony
Full Baths1
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$661.0
HeatingOther
Home Warranty Y/NNo
Interior FeaturesBuiltInFeatures, Other
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description398 NE 5TH STREET CONDO UNIT 2602 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Patio/Porch FeaturesBalcony, Open
Pets AllowedConditional, Yes
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
RestrictionsDailyRentalsAllowed, NoRestrictions
Security FeaturesDoorMan, ElevatorSecured
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameThe Elser
Tax Annual Amount11213.0
Tax Year2025
Total Rooms0
Unit Number2602
UtilitiesCableAvailable
ViewCity, Intercoastal
Virtual TourClick here
Waterfront Y/NNo
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 2602
Building Area Total430.0
Covered Spaces1.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Parking FeaturesValet
Private PoolNo
SpaNo
Additional Details
Price History
Brandon Bell
Realtor®
