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The Elser Hotel & Residences, 398 NE 5th St #2506
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OFF MARKET
1
Beds1
Baths443
SqFtStatus
OFF MARKETExpired
Parking
1
Size
443 SqFt (41 m2)
Price
$1,352/SqFt ($14,554/m2)
Type
Condo
Built
2022
HOA
$600/MO
MLS Number
A11684359
View
Other
On Site
683 Days
Updated
515 Days ago
Page Views
0
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.
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: SecurityHighImpactDoors
- View: Other
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, Bar
- Heating Description: Other
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Other
- Year Built: 2022
- Year Built Description: Resale
- Style: Other
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2024-11-01T09:01:10.000-00:00
- Pets Allowed: Conditional,Yes
Taxes, Fees & More
- Maintenance Includes: Amenities
- Taxes: 11470
- Security Information: DoorMan
- Parking Description: OneSpace
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$599K
High
$680K
Low
$599K
Total Change
-11.9%Date
Event
Price
Change
Price Per
04/17/2025
Price Reduced
$599K
-11.91%$1,352 ft2
$14,554 m2
10/29/2024
Listed
$680K
$1,535 ft2
$16,523 m2
04/17/2025
$599K
Event
Price Reduced
Change
-11.91%Price Per
$1,352 ft2
$14,554 m2
10/29/2024
$680K
Event
Listed
Price Per
$1,535 ft2
$16,523 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Daniel Mordechai • London Foster Realty • Buyer Agency Compensation .
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Scores
96
100
99
100
77
100
65
100
0
100
46
100
2
100
Community Snapshot
Studio – 3 BR
Bedrooms
$449K – $1.7M
Price Tier
341 - 32,286
SqFt Range
2022
Year Build
49
Total Floors
Subdivision Amenities
Barbecue
Cabana
Clubhouse
Elevators
Fitness Center
Hobby Room
Management
Playground
Pool
Sauna
Trash
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