Fully furnished studio at The Elser with breathtaking views of Biscayne Bay.
This modern 443 sq. ft. studio, located on the 19th floor, features a smart and stylish layout with a fully equipped kitchen, in-unit washer and dryer, and turnkey furniture package—ready to move in or rent out right away.
The Elser offers one of the best locations in the heart of Downtown Miami, with direct access to shops, dining, Miami Worldcenter, and more. The building features top-tier amenities including a bayview pool, state-of-the-art gym, coworking spaces, resident lounge, and 24/7 front desk service.
Short-term rentals are allowed, making it a great option for investors.
Motivated seller—bring your offers.
Amenities
Business Center
Interior Features
Elevator
Bar
Exterior Features
Barbecue
Property Tax Information
Tax Amount: $10,978
Tax Year: 2024
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monthly payment breakdown
total monthly payment
$1,550.00
Principal & Interest
The principal is the amount that you borrow from a
lender. The interest is the cost of borrowing that money.
$
0,000
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 #1906 has 1 Beds , 1 Bathrooms , and 443 square feet. The asking price for this property is $656500, or $1481 per square feet.
1 Beds
1 Baths
