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!
For sale
$690,000
398 NE 5th St #2602, Miami, FL 33132
0beds
430sqft
Est.:
Condominium
Built in 2022
-- sqft lot
$-- Zestimate®
$1,605/sqft
$661/mo HOA
What's special
- 163 days
- on Zillow |
- 3 |
- 0 |
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#: A11756355
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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