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398 NE 5th St #2506
Miami, FL 33132
$599,000
1 Price Changes (-$ 81,000)
Active
21+
$599,000
Active
1
Bedrooms
1
Bathrooms
N/A
Half Baths
443 
Size Sq. Ft.
174
DOM
398 NE 5th St #2506 Miami, FL 33132
1 Beds, 1 Baths, Condominium 443 Sq.Ft.

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.

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Listing Summary
  • Address 398 NE 5th St #2506
  • City Miami
  • County Miami-Dade
  • Zip 33132
  • Price $599,000 ($1,352 / SqFt)
  • Status Active
  • Subdivision The Elser
  • Pets Allowed Yes
  • MLS® # A11684359
  • Property Type Residential
  • Property Sub TypeCondominium
  • Status Active
  • Square Feet 443
  • Year Built 2022
  • Waterfront Yes
  • Maintenance Fees $600 Monthly
  • Taxes $11,470
  • Tax Year 2024
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398 NE 5th St #2506
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11684359) is provided courtesy of (London Foster Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-30-2025. IDX powered by Realty Net Media
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