The Elser Hotel and Residences Unit #1902

Listed as Active
Price: $489,000 1.2% price drop
Price / sq ft $1,137
HOA fee: $2,006
Living area: 430 sq ft / 40 m²
Bedrooms / baths 1 full / 0 half bath
Address: 398 5th St # 1902
Area: Downtown Miami
Year built: 2022
MLS # A12086164

The Elser Hotel and Residences listing description

PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES.

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 called ViseVersa, 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.

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