tomo logo

$690,000

Beds
Unknown
Baths
1.0
sq ft
430

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

398 NE 5th St Unit 2602

Miami, FL 33132

  • 27 days on market
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!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$1,605

Year built

2022

Annual property taxes

$11,213

Monthly HOA fee

$661

Price History

03/03/2025
SEF

SEF #A11756355

Listed
$690,000
02/28/2025
SEF

SEF #A11672798

Removed
$690,000
01/15/2025
SEF

SEF #A11672798

Price change
$690,000
-3.5%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 04/02/2025 at 4:35 AM

Listing updated: 03/28/2025 at 10:46 AM

Listed by: Daniel Mordechai, London Foster Realty Phone #: (305) 514-0100

MLS: SEF #A11756355

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