Bought with Compass Florida, LLC
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398 NE 5th ST 2503 Miami, FL 33132
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Key Details
Sold Price $475,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 439 sqft
Price per Sqft $1,082
Subdivision The Elser
MLS Listing ID RX-11094556
Bedrooms 1
Full Baths 1
HOA Fees $455/mo
Min Days of Lease 1
Year Built 2022
Annual Tax Amount $11,178
Tax Year 2024
Property Sub-Type Condo/Coop
Property Description
Enjoy the best of both worlds--own your Miami pied-a-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern decor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!
Location
State FL
County Miami-dade
Area 2410
Zoning 6401
Rooms
Other Rooms Studio Bedroom
Interior
Heating Central, Central Building, Electric
Cooling Central, Central Building, Electric
Flooring Tile
Laundry Washer and Dryer
Exterior
Exterior Feature Open Balcony
Parking Features Assigned, Covered
Garage Spaces 1.0
Community Features Gated Community
Utilities Available Cable, Well Water
Amenities Available Business Center, Elevator, Fitness Center, Lobby, Pool, Trash Chute
Waterfront Description Bay
View Bay
Exposure East
Building
Story 49.00
Foundation CBS, Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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