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
Interior AmenitiesBuiltInFeatures, Other
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
Entry Location26
Full Baths1
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$661.0
HeatingOther
Home Warranty Y/NNo
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
Showing Instructions24 Hour Notice, See Broker Remarks
Standard StatusActive
StatusActive
Subdivision NameThe Elser
Tax Annual Amount11213.0
Tax Year2025
Total Rooms0
Unit Number2602
UtilitiesCableAvailable
ViewCity, Intercoastal
Virtual TourClick here
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 2602
Building Area Total430.0
Covered Spaces1.0
Crops Included Y/NNo
Exterior AmenitiesBalcony
Horse Y/NNo
Irrigation Water Rights Y/NNo
Parking FeaturesValet
Private PoolNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Cruz Rotundo
Realtor
