Basic Information

  • MLS # A11684359
  • Type Condominiums
  • Subdivision/Complex The Elser
  • Year Built 2022
  • Total Sqft 443
  • Date Listed 11/01/2024
  • Days on Market 189
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.

Amenities

  • Other
  • Pool

Exterior Features

  • Waterfront Yes
  • Parking Spaces 1
  • Pool Yes
  • WF Description Other
  • Parking Description One Space
  • Exterior Features Security High Impact Doors

Interior Features

  • Adjusted Sqft 443Sq.Ft
  • Interior Features Bedroom On Main Level, Bar
  • Sqft 443 Sq.Ft

Property Features

  • Aprox. Lot Size 443
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $600
  • Subdivision Complex The Elser
  • Subdivision Info The Elser
  • Tax Amount $11,470
  • Tax Year 2024

398 NE 5th St #2506

Miami, FL 33132

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: London Foster Realty. tel: 305-514-0100

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