Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 2112, Miami, FL 33132 | A11692040

For Sale 398 NE 5th St 2112, Miami, FL 33132

$725,000

Property Highlights

Listing ID A11692040 Status of this Listing: Active For Sale Property Type Residential Hotel/motel In a Condo Hotel 1 Bathrooms Total 1 Full Bath Living Space 341 Sqft/31.68 m2 approx. Building Area 341 Sqft/31.68 m2 approx. COMMUNITY POOL Year Built 2022 Waterfront Time of this property on Rebonus 2 Day(s)

398 NE 5th St 2112, Miami, FL 33132

Property Description: Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

Useful Info

Original List Price:$725,000
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):21
Entry Level Location:21
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:49

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Elevator Secured
  • Lobby Secured
  • Fire Alarm
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • First Floor Entry
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$9,820

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:$445
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:
  • Closing & Funding
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Elevator(s)
  • Fitness Center
Subdivision Name:MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
  • Maintenance Grounds
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Internet
  • Hot Water
  • Amenities
Complex Name:The Elser
Senior Community:Yes
Restrictions:Corporate Buyer Ok, Daily Rentals Allowed,Ok To Lease

Parking

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

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActVerified
Unit DesignHigh Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Pet Fee150
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year365
Homeowner's Association Application Fee150
StyleCondo-Hotel
Municipal Code1
Ref1097425480
Subdivision Number78
Water Access Description:Other

Zoning and Legal

Tax Legal Description:398 NE 5TH STREET CONDO UNIT 2112 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):01-41-37-078-3820
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:December 9, 2024 12:06 pm
On Market Date:December 9, 2024
Price Change Date Time:November 12, 2024 10:10 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 9, 2024 12:06 pm
Status Last Changed:December 9, 2024 12:06 pm
Photos Last Modified:December 9, 2024 5:26 pm
Last Modified:December 9, 2024 9:00 pm
Days on the Market Reference Date:December 9, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Unit Location:High Rise,Lobby
Number of Photos:36
Location:,,
Included:,,
Area:41
Courtesy of:Damar Florida Real Estate
Universal Property Id:US-12025-N-0141370783820-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 2112
Unit Number:2112
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade
Full Address:398 NE 5th St 2112, Miami, FL 33132
Latitude:N25° 46' 44''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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