Property Description

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.

Features
: Other
: Central Air
: Other View
: Restrictions Or Possible Restrictions
: High Impact Doors
: Circuit Breakers
: Other
: Other
1
: Bar
: 1 Space
: At Least 1 Bedroom Ground Level
: Doorman
Lagoon,lake,ocean Front
Address Map
FL
Miami-Dade County
Miami
33132
398 NE 5th St # 2506
The Elser
0
W81° 48' 39.4''
N25° 46' 44''
The Elser
MLS Addon
: Other, Pool
$600
Monthly
2
: Other
: All Cash, Conventional
49
: Condo, Condo-hotel
$11,470
2024

Residential For Sale

398 NE 5th St # 2506, Miami, Florida 33132

1 Bedrooms
1 Bathrooms
443 Sqft
$680,000
Listing ID #A11684359
Basic Details
Property Type : Residential
Property SubType : Condominium
Listing Type : For Sale
Listing ID : A11684359
Price : $680,000
Bedrooms : 1
Bathrooms : 1
Square Footage : 443 Sqft
Year Built : 2022
Bathrooms Total : 1
Building Area : 443 Sqft
Status : Active
Agent info
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