Homes for sale - 398 NE 5th St #2506, Miami, FL 33132

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$680,000

Est. payment - /mo

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1 BD

1 BA

443 SqFt

Active

398 NE 5th St #2506 Miami, FL 33132

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Carlos Ascano

carlosascano1@gmail.com +1(786) 385-1329

UPDATED:

11/01/2024 06:00 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 443 sqft

Price per Sqft $1,534

Subdivision The Elser

MLS Listing ID A11684359

Style Other

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $600/mo

HOA Y/N Yes

Year Built 2022

Annual Tax Amount $11,470

Tax Year 2024

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.

Location

State FL

County Miami-dade

Community The Elser

Area 41

Interior

Interior Features Bedroom on Main Level, Bar

Heating Other

Cooling Central Air

Flooring Other

Exterior

Exterior Feature Security/High Impact Doors

Garage Spaces 1.0

Pool Association

Utilities Available Cable Available

Amenities Available Other, Pool

Waterfront Description Other

View Other

Garage Yes

Building

Architectural Style Other

Structure Type Block

Construction Status Resale

Others

Pets Allowed Conditional, Yes

HOA Fee Include Amenities

Senior Community No

Tax ID 01-41-37-078-1820

Security Features Door Man

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is