Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 1615, Miami, FL 33132 | A11655850

For Sale 398 NE 5th St 1615, Miami, FL 33132

$830,000

Property Highlights

Listing ID A11655850 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 560 Sqft/52.03 m2 approx. Building Area 560 Sqft/52.03 m2 approx. COMMUNITY POOL Year Built 2022 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 73 Day(s)

398 NE 5th St 1615, Miami, FL 33132

Property Description: Explore this fully furnished 1-bedroom, 1-bathroom residence, ideal for short-term rentals in one of Miami 's top locations. Unit 1615 at The Elser spans 560 sq ft, offering breathtaking city and bay views and unmatched convenience. This unit is fully furnished equipped, and ready to rent or enjoy. It’s situated right across from Miami 's key shopping destinations, the cruise terminal, and the entertainment arena. Its prime location in the heart of Downtown Miami makes this a compelling investment for anyone looking to tap into the city 's dynamic lifestyle. With short-term rentals permitted, this unit is a ready-to-go option for generating rental income in Miami’s most desirable area. Contact us to schedule your viewing today!

Useful Info

Original List Price:$830,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
  • Corporate Listing (Corporate Owned Property)
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:
  • Effective Year Built
Architectural
Style:
  • High Rise
Entry Level (floor):16
Entry Level Location:16
Flooring:
  • Ceramic Tile
Number of stories:49

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Door Man
  • Key Card Entry
  • Security Guard
  • Elevator Secured
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Intercom
  • Secured Garage/parking
  • Fire Alarm
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Bar
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$13,444

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:$1,756
Association Fee Frequency:
  • Quarterly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Barbecue
  • Fitness Center
  • Picnic Area
Subdivision Name:Elser Residences
Association Fee Includes:
  • Maintenance Grounds
  • Cable Tv
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Parking
  • Internet
  • Recreation Facilities
  • Amenities
Complex Name:Elser Residences
Senior Community:No
Development Status:
  • New Construction
Restrictions: Daily Rentals Allowed

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay
Pet Fee DescriptionNon refundable
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Pet Fee100
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year360
Homeowner's Association Application Fee350
Style Condo-Hotel
Municipal Code1
Subdivision Number78

Zoning and Legal

Tax Legal Description:398 NE 5TH STREET CONDO UNIT 1615 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):01-41-37-078-4790
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:September 26, 2024 12:06 pm
On Market Date:September 9, 2024
Price Change Date Time:September 9, 2024 12:40 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 26, 2024 12:06 pm
Status Last Changed:September 26, 2024 12:06 pm
Photos Last Modified:September 26, 2024 4:30 pm
Last Modified:October 3, 2024 5:38 pm
Days on the Market Reference Date:October 3, 2024
Days on the Market (updated on Last Modified*):24
Cumulative Days on the Market (updated on Last Modified**):24

Additional Information

Unit Location:High Rise,Lobby
Number of Photos:9
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:MRI Realty Group
Universal Property Id:US-12025-N-0141370784790-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 1615
Unit Number:1615
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade
Full Address:398 NE 5th St 1615, Miami, FL 33132
Latitude:N25° 46' 44''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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