Luxury Hotel-Condo Investment in Downtown Miami's Elser Hotel - Prime Revenue Opportunity

Premium Downtown Miami Investment Property in The Elser Hotel

This stunning luxury Miami condo at 398 NE 5th St Unit 1408 represents the pinnacle of downtown Miami real estate investment opportunities. Located in the prestigious Elser Hotel, this newly built, fully furnished 1-bedroom, 1-bathroom residence offers the perfect blend of luxury living and investment potential in Miami's thriving real estate market.

High-Value Features Driving Miami Condo Investment Returns

At $675,000, this downtown Miami luxury condo showcases the premium features that today's discerning investors demand:

• Fully furnished luxury unit - ready for immediate rental income
• Hotel-condo hybrid model - offering flexible owner usage and revenue potential
• Resort-style amenities - enhancing rental appeal and owner enjoyment
• Wrap-around pool - a coveted Miami lifestyle feature
• Two-story gym facility - meeting high tenant expectations
• Luxury spa services - commanding premium rental rates
• Valet parking - essential in downtown Miami's competitive market
• Built in 2022 - featuring modern design and minimal maintenance concerns

Prime Downtown Miami Location Commanding Premium Rental Rates

Situated in one of Miami's most desirable neighborhoods, this downtown Miami investment property benefits from proximity to the city's major attractions, business centers, and cultural destinations. The Elser Hotel's prestigious address ensures strong rental demand year-round from both vacation travelers and business professionals seeking luxury accommodations.

Miami Hotel-Condo Investment: Understanding the Numbers

The financial opportunity of this Miami hotel-condo investment is compelling:

• Purchase price: $675,000
• Price per square foot: $1,570 (reflecting downtown Miami's premium market)
• HOA fees: $413 quarterly (remarkably low for luxury amenities offered)
• Participation in hotel rental program (generating passive income when not in use)
• Previously sold for $698,700 in March 2023 (motivated seller opportunity)

School Ratings Enhancing Investment Potential

Educational facilities impact rental demand and property values. This property benefits from proximity to well-rated schools:

• Air Base K-8 Center for International Education (Rating: 10/10)
• Frederick R. Douglass Elementary School (Rating: 6/10)
• New World School Of The Arts (Rating: 9/10)

Are You Looking to Sell Your Miami Luxury Condo or Investment Property?

If you own a similar luxury condo or investment property in downtown Miami, understanding current market values is essential in today's competitive South Florida real estate landscape. This recently listed property exemplifies what today's discerning Miami investors are seeking - and what your property might be worth in the current market.

With experienced Miami real estate professionals like Tristan Castillo representing properties like this one, sellers can trust their investments will be marketed to maximize visibility and attract qualified buyers. Our comprehensive marketing strategy ensures your Miami property receives maximum exposure to serious investors locally and internationally.

Contact Our Miami Real Estate Investment Experts Today

Whether you're considering selling your Miami luxury condo or exploring similar investment opportunities, our team of experienced South Florida real estate professionals can provide you with comprehensive market analysis and investment projections.

Contact us today for a confidential consultation about selling your Miami investment property or exploring new investment opportunities.

Tristan Castillo (DRE 3571319) - [email protected] - 646-436-5869