The Elser 398 NE 5th St Unit 2602 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $5,447/month
Total Views
275
--
Bed
1
Bath
430
Sq Ft
$1,605
Price per Sq Ft
Highlights
- Doorman
- 3-minute walk to College/Bayside
- Balcony
- Intracoastal View
- Clubhouse
- Clear Impact Glass
About This Home
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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,213
Year Built
- Built in 2022
HOA Fees
- $661 Monthly HOA Fees
Parking
- 1 Car Garage
Property Views
- Intracoastal
Home Design
- Condo Hotel
Interior Spaces
- 1 Full Bathroom
- 430 Sq Ft Home
- Built-In Features
- Tile Flooring
- Microwave
- Washer and Dryer Hookup
Home Security
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 01-41-37-078-0470
Community Details
Overview
- High-Rise Condominium
- The Elser Condos
- The Elser Subdivision
Amenities
- Doorman
- Valet Parking
- Clubhouse
- Business Center
Pet Policy
- Breed Restrictions
Security
- Secure Elevator
- Clear Impact Glass
Map
About The Elser
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,505 | $559,700 | -- | -- |
| 2023 | $11,505 | $531,715 | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $690,000 | -- | $1,605 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $699,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $349,950 | New Conventional |
Source: Public Records
Similar Homes in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11756355
APN: 01-4137-078-0470
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