$579,000

$1307/sq ft

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Overview

Bedroom

1

Bath

1

Year Built

2022

Garage

1

Sqft

443

Property Type

Condominium

Property Description

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.

Property Details

MLS#

A11789023

Garage

1

Unit Floor

17

Total Floor in Bldg

49

Address

398 5th St NE

City

Miami

State/county

FL

Zip/Postal Code

33132

Area

The Elser

Country

United States

HOA

Yes

Assoc Fee

$494

Assoc Fee Pd

Monthly

Tax Amount

$10,914

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Microwave

Electric Range

Refrigerator

Washer

Other View

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Boris Gelfand