398 NE 5th St # 2717, Miami FL 33132

$1,499,000

$1437/sq ft

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Overview

Bedroom

3

Bath

3

Year Built

2024

Garage

1

Sqft

1043

Property Type

Condominium

Property Description

Discover Unit 2717 at The Elser Hotel & Residences, a spacious and highly versatile 2-Bedroom + large Den residence legally configured and recognized as a true 3-Bedroom unit. With 3 full bathrooms and the ability to comfortably accommodate up to 8 guests per night, the generously sized den can be easily divided. Delivered in pristine, like-new condition and sold fully furnished with all necessary equipment. Currently enrolled in the building's hotel management program, this residence delivers excellent occupancy rates and strong returns. Detailed performance statements and revenue history available upon request. A rare turnkey investment opportunity in the heart of Downtown Miami with no rental restrictions!

Property Details

MLS#

A11943473

Garage

1

Unit Floor

27

Total Floor in Bldg

55

Building

THE ELSER

Address

398 5th St NE

City

Miami

State/county

FL

Zip/Postal Code

33132

Area

Map Of Miami Dade Co. Fl.

Country

United States

HOA

Yes

Assoc Fee

$1,220

Assoc Fee Pd

Monthly

Tax Amount

$21,280

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Bay

Intracoastal View

Ocean View

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