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For sale
  • $690,000

    398 NE 5th St #2602, Miami, FL 33132

    0beds
    430sqft
    : 
    Condominium
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $1,605/sqft
    $661/mo HOA

    What's special

    For Sale: Unit 2602 at The Elser in Miami offers a stunning, newly built, income-producing condo-hotel property in the heart of downtown. This fully furnished studio/ 1-bathroom / full kitchen unit boasts breathtaking views of the Miami skyline and Biscayne Bay, with a modern design and top-of-the-line finishes. The Elser provides an ideal investment opportunity with its lucrative condo-hotel rental program, no assessments, and a prime location near world-class dining, shopping, and entertainment. Enjoy resort-style amenities including a rooftop pool, fitness center, and concierge services, all while benefiting from the property’s income potential. Don’t miss out on this exceptional opportunity! Investor savy building!
    163 days
    on Zillow
    |
    3
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 07:44am

    Listed by:

    Daniel Mordechai 516-203-5253,

    London Foster Realty,

    Matthew Cordova 305-903-2628,

    London Foster Realty

    Source: MIAMI,MLS#: A11756355MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 398 NE 5th St #2602.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • Central Air
    Appliances
    • Included: Microwave
    • Laundry: Washer/Dryer Hook-Up
    Features
    • Built-in Features
    • Flooring: Tile
    • Windows: Clear Impact Glass
    Interior area
    • Total structure area: 430
    • Total interior livable area: 430 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Valet
    • Garage spaces: 1
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Intracoastal View, Skyline
    • Has water view: Yes
    • Water view: Intracoastal View
    Details
    • Parcel number: 0141370780470

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 2022

    Community & HOA

    Community
    • Security: Doorman, Elevator Secure
    • Subdivision: The Elser
    HOA
    • Has HOA: Yes
    • Amenities included: Business Center, Clubhouse-Clubroom, Other
    • HOA fee: $661 monthly
    • Application fee: $150
    • Pet fee: $0
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $1,605/sqft
    • Tax assessed value: $559,700
    • Annual tax amount: $11,213
    • Date on market: 3/3/2025
    • Listing terms: All Cash,Conventional
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