398 NE 5th St # 2007, Miami, FL 33132

Listing Remarks — 398 NE 5th St # 2007, Miami, FL 33132

NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

Inside the Residence: 398 NE 5th St # 2007, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Washer

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

1

Parking Features

Valet

Pool Private

No

Year Built Details

Effective Year Built

Property Condition

New Construction

Building & Association Facts — 398 NE 5th St # 2007, Miami, FL 33132

Building Name

The Elser

Building Area Total

442

Building Area Units

Square Feet

Stories Total

49

Entry Level

20

Association

Yes

Association Fee

$600

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub

Security Features

Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol

Site, Views & Construction — 398 NE 5th St # 2007, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

No

View

Bay

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

No

Tax & Parcel Record — 398 NE 5th St # 2007, Miami, FL 33132

Parcel Number

01-41-37-078-2110

Tax Annual Amount

$9,430

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

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