Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 2506, Miami, FL 33132 | A11684359

For Sale 398 NE 5th St 2506, Miami, FL 33132

$680,000

Property Highlights

Listing ID A11684359 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 443 Sqft/41.16 m2 approx. Building Area 443 Sqft/41.16 m2 approx. COMMUNITY POOL Year Built 2022 Waterfront Time of this property on Rebonus 38 Day(s)

398 NE 5th St 2506, Miami, FL 33132

Property Description: 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.

Useful Info

Original List Price:$680,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:The Elser Miami at 398 5th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
Entry Level (floor):26
Entry Level Location:26
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:49

Property Features

View from the Property:
  • Other
Waterfront:Yes
Waterfront Features:
  • Other
Swimming Pool Features:
  • Association
Security:
  • Door Man
Interior Features:
  • Bedroom On Main Level
  • Bar
Exterior Features:
  • Security/high Impact Doors
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$11,470

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Association Fee:$600
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Other
Subdivision Name:The Elser
Association Fee Includes:
  • Amenities
Complex Name:The Elser
Senior Community:No
Restrictions: Daily Rentals Allowed

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActUnverified
Unit DesignOther
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year365
Homeowner's Association Application Fee150
StyleCondo-Hotel
Municipal Code1
Ref1093465026
Subdivision Number78
Water Access Description:Other

Zoning and Legal

Tax Legal Description:01-4137-078-1820
Real Estate Folio Number (Parcel Number):01-41-37-078-1820
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:November 1, 2024 9:01 am
On Market Date:October 30, 2024
Price Change Date Time:October 29, 2024 12:16 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:November 1, 2024 9:01 am
Status Last Changed:November 1, 2024 9:01 am
Photos Last Modified:November 1, 2024 1:19 pm
Last Modified:November 1, 2024 6:00 pm
Days on the Market Reference Date:November 1, 2024
Days on the Market (updated on Last Modified*):2
Cumulative Days on the Market (updated on Last Modified**):2

Additional Information

Unit Location:Other
Number of Photos:21
Location:,,
Included:,,
Area:41
Courtesy of:London Foster Realty
Universal Property Id:US-12025-N-0141370781820-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 2506
Unit Number:2506
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade
Full Address:398 NE 5th St 2506, Miami, FL 33132
Latitude:N25° 46' 44''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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