398 NE 5th St # 1706, Miami FL 33132

For sale Days on market 251

The Elser Hotel [ Condominium ]

$579,000

$1307/sq ft

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Overview

Bedroom

Bath

Year Built

2022

Garage

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.