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.
Property Details
Price:
$680,000
MLS #:
A11684359
Status:
Active
Beds:
1
Baths:
1
Address:
398 NE 5th St # 2506
Type:
Condo
Subtype:
Condominium
Subdivision:
The Elser
Neighborhood:
The Elser
City:
Miami
Listed Date:
Nov 1, 2024
State:
FL
Finished Sq Ft:
443
Total Sq Ft:
443
ZIP:
33132
Year Built:
2022
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Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Other
Heating
Other
Exterior
Exterior Features
Other
Parking Features
1 Space
Financial
HOA Fee
$600
HOA Frequency
Monthly
Tax Year
2024
Taxes
$11,470
Map
Community
- Address398 NE 5th St # 2506 Miami FL
- SubdivisionThe Elser
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
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398 NE 5th St # 2506
Miami, FL
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