Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 2016, Miami, FL 33132 | A11678176

For Sale 398 NE 5th St 2016, Miami, FL 33132

$580,000
Price has decreased by $10,000

Property Highlights

Listing ID A11678176 Status of this Listing: Active For Sale Property Type Residential Condominium In a Condo Hotel 1 Bathrooms Total 1 Full Bath Living Space 362 Sqft/33.63 m2 approx. Building Area 362 Sqft/33.63 m2 approx. COMMUNITY POOL Year Built 2022 Waterfront Has view of the Ocean Time of this property on Rebonus 47 Day(s)

398 NE 5th St 2016, Miami, FL 33132

Property Description: Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals.

Virtual Open House: 360° Tour 398 NE 5th St 2016

Useful Info

Previous Asking Price:$590,000
Original List Price:$590,000
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:
  • Condo-hotel
Architectural
Style:
  • High Rise
Entry Level (floor):20
Entry Level Location:20
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:49

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Elevator Secured
  • Lobby Secured
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Closet Cabinetry
  • Bar
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$9,440

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:$474
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Trash
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:The Elser Hotel
Association Fee Includes:
  • Water
  • Cable Tv
  • Internet
  • Amenities
Complex Name:The Elser Hotel
Senior Community:No
Restrictions: Daily Rentals Allowed,No RV (recreational vehicle), No Truck,Okay To Lease 1st Year,Ok To Lease, See Remarks

Parking

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

More Details

Other Information:
Unit ViewBay,Direct Ocean,Water View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year365
Homeowner's Association Application Fee150
StyleCondo-Hotel
Municipal Code1
Ref1090431856
Subdivision Number78
Water Access Description:None

Zoning and Legal

Tax Legal Description:398 NE 5TH STREET CONDO UNIT 2016 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):01-41-37-078-5170
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:October 22, 2024 11:49 am
On Market Date:October 17, 2024
Price Change Date Time:November 18, 2024 4:37 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 18, 2024 4:37 pm
Status Last Changed:October 22, 2024 11:49 am
Photos Last Modified:October 22, 2024 4:01 pm
Last Modified:November 18, 2024 9:37 pm
Days on the Market Reference Date:November 18, 2024
Days on the Market (updated on Last Modified*):32
Cumulative Days on the Market (updated on Last Modified**):32

Additional Information

Unit Location:High Rise
Number of Photos:28
Location:,,
Included:,,
Area:41
Courtesy of:Novel Management, LLC.
Universal Property Id:US-12025-N-0141370785170-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 2016
Unit Number:2016
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade
Full Address:398 NE 5th St 2016, Miami, FL 33132
Latitude:N25° 46' 44''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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