$579,000403 days on marketActive

398 NE 5th Street 1706, Miami, FL 33132

Miami, FL 33132

Beds

Baths

443

Sq Ft

$1,307

$/Sq Ft

2022

Year Built

1 car

Garage

Listing Snapshot

List Price	$579,000
Price / Sq Ft	$1,307
Beds	1
Baths	1
Living Area	443 sqft

Year Built	2022
Property Tax	$10,914/yr
HOA / Condo Fee	$494 / monthly
MLS #	1125625573
Status	Active
Days on Market	403

About This Home

Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

General Features

Property Type: Residential
Sub-type: Condominium
Stories: 49
Attached Garage: Yes
Garage Spaces: 1
Parking: Attached,Covered,Garage,Valet
Security: SecuritySystem
Subdivision: The Elser

Interior Features

Appliances: Dryer,Dishwasher,ElectricRange,Microwave,Refrigerator,Washer
Heating: Central
Cooling: CentralAir
Interior Features: BedroomOnMainLevel,Elevator
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Lighting
Pool Features: Heated
View: Other
Waterfront: No

Community Features

Community Features: HomeOwnersAssociation
Association Amenities: Clubhouse,FitnessCenter,MaintenanceGrounds,Pool,SpaHotTub
Association Dues: $494 / monthly
MLS Area: 2410