Miami, FL 33132 398 NE 5th St 2506
$599,000



16 more

















Presented By: This listing is courtesy of London Foster Realty;
Home Details
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.
Presented By: This listing is courtesy of London Foster Realty;
Interior Features for 398 NE 5th St 2506
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NNo
Interior AmenitiesBedroomOnMainLevel, Bar
Total Stories49
Other Rooms
Entry Level26
General for 398 NE 5th St 2506
Additional Parcels Y/NNo
Architectural StyleOther
Assoc Fee Paid PerMonthly
Association AmenitiesOther, Pool
Association Fee IncludesAmenities
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Entry Location26
Full Baths1
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$600.0
HeatingOther
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description01-4137-078-1820
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pets AllowedConditional, Yes
Pool FeaturesAssociation
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
RestrictionsDailyRentalsAllowed
Security FeaturesDoorMan
Senior Community Y/NNo
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Subdivision NameThe Elser
Tax Annual Amount11470.0
Tax Year2024
Total Rooms0
Unit Number2506
UtilitiesCableAvailable
ViewOther
Virtual TourClick here
Waterfront FeaturesOther
Waterfront Y/NYes
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 2506
Building Area Total443.0
Covered Spaces1.0
Crops Included Y/NNo
Exterior AmenitiesSecurityHighImpactDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Parking FeaturesOneSpace
Private PoolNo
SpaNo
Additional Details
Price History

Nazha Saade
Realtor®