398 Northeast 5th Street, Unit 2506
$680,000
1
1
443
443
$1,535
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.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.
- Listed by Daniel Mordechai • London Foster Realty
Property Details for 398 Northeast 5th Street, Unit 2506
Subdivision
The Elser
Complex NameThe Elser
StyleCondo-Hotel
WaterfrontYes
Waterfront DescriptionOther Waterfront
ViewOther View
Unit ViewOther View
Area41
LISTING UPDATED: 11/01/2024 02:00 PM
Property Details for 398 Northeast 5th Street, Unit 2506
Status | Active |
---|---|
MLS # | A11684359 |
Days on Market | 57 |
Taxes | $11,470 / year |
HOA Fees | $600 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Condo/Co-Op/Villa/Townhouse / Condo |
Year Built | 2022 |
County | Miami-Dade County |
Building Information for 398 Northeast 5th Street, Unit 2506
Building/ComplexThe ElserFloor26Stories49Residences-Pet Policy-Year Built2022
Property Information for 398 Northeast 5th Street, Unit 2506
Property History for 398 Northeast 5th Street, Unit 2506
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 398 Northeast 5th Street, Unit 2506
Taxable ValueLand-Additions-Total-
Tax Record2023$10,897 ($908 / month)
Home Facts
Beds1Total Finished SqFt443 SqFtAbove Grade Finished SqFt443 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-1820
Schools near 398 Northeast 5th Street, Unit 2506
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frederick R. Douglass Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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