In the heart of Downtown Miami, The Elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it's an opportunity. Allows short term rentals managed across top rental platforms like Airbnb, VRBO, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and EV charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from Miami's best – Whole Foods, FTX Arena, South Beach. The Elser is not just a residence; it's the pinnacle of Miami living. Whether you're looking for your next home or a smart investment, welcome to your future in Miami.
Amenities
Business Center
Fitness Center
Other
Pool
Elevators
Interior Features
Bedroom On Main Level
Eat In Kitchen
Elevator
First Floor Entry
Living Dining Room
Main Living Area Entry Level
Skylights
Bar
Exterior Features
Balcony
Security High Impact Doors
Property Tax Information
Tax Amount: $11,616
Tax Year: 2023
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Principal & Interest
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lender. The interest is the cost of borrowing that money.
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Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
Downtown Miami 398 NE 5th St #1708 has 1 Beds , 1 Bathrooms , and 485 square feet. The asking price for this property is $600000, or $1237 per square feet.
1 Beds
1 Baths
