Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 1514, Miami, FL 33132 | A11629942

398 NE 5th St 1514, Miami, FL 33132 | For Sale

$989,000
Price has decreased by $999

Property Highlights

Listing ID A11629942 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 665 Sqft/61.78 m2 approx. Building Area 665 Sqft/61.78 m2 approx. COMMUNITY POOL Year Built 2022 Waterfront Lease Term Minimum Duration: 1 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property on Rebonus 38 Day(s)
18 Photos of this Property

398 NE 5th St 1514, Miami, FL 33132

Property Description: INVESTORS! Step into the epitome of contemporary luxury living in Miami! Presenting a pristine 1-bedroom / 2 full bathroom residence in The Elser Hotel and Residences. World class amenities include rooftop pool with panoramic city views, cutting edge 2 floor fitness center and 24/7 concierge. SHORT TERM RENTAL FRIENDLY! Unit is currently operated as short term rental 365 days a year.

Residential Condominium For Sale located at 398 NE 5th St 1514 Miami FL 33132 in Miami-Dade County referenced as ID MLS # A11629942. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Previous Asking Price:$989,999
Original List Price:$989,999
More Listings Same Building:The Elser Miami at 398 5th St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • High Rise
Entry Level (floor):15
Entry Level Location:15
Flooring:
  • Tile
Number of stories:49

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Association
Security:
  • Door Man
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Refrigerator
Interior Features:
  • Bedroom On Main Level
  • Built-in Features
  • Bar
Exterior Features:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$15,670

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$665
Association Fee Frequency:
  • Monthly
Property Tax Status:New Construction

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Elevator(s)
Subdivision Name:Elser Hotel
Association Fee Includes:
  • Pool(s)
  • Parking
  • Electricity
  • Hot Water
  • Hvac
  • Amenities
Complex Name:Elser Hotel and Residence
Senior Community:No
Development Status:
  • New Construction
Restrictions: Daily Rentals Allowed, Other Restrictions, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Valet

More Details

Other Information:
Unit View: Bay
Housing Older Persons Act: No HOPA
Unit Design: High Rise,Lobby
Type of Association: Homeowners
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Homeowner Association
Pet Fee: 0
Tax Information: New Construction
Number of times allowed to lease per year: 365
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
Municipal Code: 1
Subdivision Number: 78
Water Access Description:None

Zoning and Legal

Tax Legal Description:398 NE 5TH STREET CONDO UNIT 1514 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):01-41-37-078-4440
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:July 25, 2024 12:44 pm
On Market Date:July 25, 2024
Price Change Date Time:July 25, 2024 5:36 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:July 25, 2024 5:36 pm
Status Last Changed:July 25, 2024 12:44 pm
Photos Last Modified:July 26, 2024 3:24 pm
Last Modified:July 29, 2024 1:08 pm
Days on the Market Reference Date:July 29, 2024
Days on the Market (updated on Last Modified*):4
Cumulative Days on the Market (updated on Last Modified**):255

Additional Information

Unit Location:High Rise,Lobby
Number of Photos Count:18
Area:41
Ref ID:1078809155
Automated Valuation Display:Yes
Courtesy of:Luxe Properties
Universal Property Id:US-12025-N-0141370784440-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 1514
Unit Number:1514
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade County
Full Address:398 NE 5th St 1514, Miami, FL 33132
Latitude:N25° 46' 44''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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