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About This Home
This 1-bedroom, 1-bathroom condo at 398 NE 5th St in Miami, FL is listed for $579,000 ($1,307 per sqft). Built in 2022, the home offers 443 sqft of living space on a N/A lot.
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer.
Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.
Key Features
- Built in 2022
- 49 stories
Property Details
Amenities
Monthly Cost Estimate
$3,097/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
398 NE 5th St
Miami, FL 33132
The Elser
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom condo at 398 NE 5th St is listed at $579,000 ($1,307/sqft). The estimated monthly payment is $2,509 based on 20% down at 6.5% interest.
Key features include: Built in 2022, 49 stories. Interior Features: Lobby Secured, Bedroom On Main Level, Elevator. Exterior Features: Security/High Impact Doors.
This property is listed by Minerva Arboleya and can be reached at 3056322512 or minerva@related-realty.com.
