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$690,000

398 NE 5th St # 2602, Miami FL 33132

0  beds
1  baths
430  sqft
Condominium
Built in 2022
$1,605/sqft
$661/mo HOA
25 days on market

About this property

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!

Interior Details

Bedrooms & bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Heating & cooling

  • Heating: Other
  • Cooling: Central Air
  • Laundry: Washer/Dryer Hook-Up

Features

  • Flooring: Tile
  • Window Features: Clear Impact Glass

Extras

  • Appliances: Microwave
  • Security & Smart Features: Doorman, Elevator Secure
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 1
  • Parking features: Valet

Features

  • Exterior features: Open Balcony

Public Info

  • Interior Livable Area: 430 sqft
  • Year Built: 2022
  • APN: 01-41-37-078-0470
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $11,213
  • Tax Year: 2025

HOA Details

  • Has HOA: Yes
  • Amenities included: Business Center, Clubhouse-Clubroom, Other
  • HOA fee: $661/mo
  • Application fee: $150
  • Pet fee: $0

Price History

3/28/2025 Listed for Sale
Source: Miami REALTORS®
$690,000
$1,604/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$5,406
Principal & Interest $3,580
Property Taxes $934
Home Insurance $230
HOA Fees $661

Walk Score

Walk Score
96
Walk Score®
Walker's Paradise
Transit Score
99
Transit Score®
Rider's Paradise
Full Walk Score
Bike Score
77
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.