398 NE 5th St # 1706, Miami FL 33132 | Miami-Dade County | A11789023

This one-bedroom, one-bathroom condo at The Elser is a 2022 construction, offering 443 square feet of living space. Located at 398 NE 5th St #1706 in the heart of Downtown Miami, it’s a turnkey unit that comes fully furnished and equipped, making it move-in ready. The layout includes floor-to-ceiling windows, a private balcony, and an in-unit washer and dryer. The open kitchen is fully equipped for everyday living. The building sits on the edge of Biscayne Bay, and this unit offers direct views of both the water and the Miami skyline. Residents have access to a range of amenities, including a 132-foot rooftop pool, a spa hot tub, a two-story fitness center, and exclusive beach access on South Beach. The HOA fee is $494 per month. The Elser is in a prime location for both lifestyle and investment. The property is offered for sale at $579,000 and is eligible for short-term rentals, offering flexibility for use as a second home or investment. The unit has an estimated 6% capitalization rate, making it an efficient option for those looking to build equity or generate passive income. For more details or to see a video tour, call 305-859-4733.