For Sale · Active

The Elser Hotel & Residences Unit 1706

398 NE 5th Street, Unit 1706, 33132About this building

Price

$579,000

Bedrooms

1

Bathrooms

1

Sq Ft

443

$ / Sq Ft

$1,307

About This Residence

The Residence

Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

Features

Inside the residence

Interior

  • Elevator

Appliances

  • Dishwasher
  • Dryer
  • Microwave
  • Electric Range
  • Refrigerator

Exterior

  • High Impact Doors

Views

  • Other View

Parking

  • 1 Space
  • Covered
  • Valet
  • 1 garage space

Amenities

  • Clubhouse-Clubroom
  • Community Room
  • Exercise Room
  • Exterior Lighting
  • Heated Pool

Maintenance includes

  • All Amenities
  • Common Area
The Elser Hotel & Residences

The building

The Elser Hotel & Residences

The Elser Hotel & Residences, a new-construction landmark, rises 49 stories in Downtown Miami. Completed in 2022, this distinctive building at 398 NE 5th Street introduces 646 residences to the vibrant 33132 neighborhood. Developed by PMG… See more →

Year built

2022

Floors

49

Units

646

Avg. $/sqft

$1,441

View building page →

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