398 Ne 5th St Unit #1902, Miami, FL 33132

$489,000
1
BA
430
SqFt

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List Price
$489,000
Price Change
▼ $6,000 1789183461
MLS#
A12086164
Complex Name
The Elser Hotel Miami
Status
ACTIVE
Type
Condo
Full baths
1
Living Area
430

Property Description

PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted — and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant by Jaguar Sun, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.

Additional Information

Days on Market
6
Interior Features
First Floor Entry
Water Access
None
Parcel Number
01-41-37-078-0400
#Garage Spaces
1
Bedroom Description
At Least 1 Bedroom Ground Level
Association Fee
$6000
Unit View
Bay, Other View
Parking Restrictions
1 Space
Unit Number
1902
SqFt Liv Area
430
Amenities
Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
Year Built
2022
Style
Condo 5+ Stories, Condo
Restrictions
Daily Rentals Allowed, Okay To Lease 1st Year
Development Name
The Elser Hotel Miami
Construction Type
Concrete Block Construction
Section
37

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Listing Courtesy of Pink Miami Real Estate, Contact: