Home » Miami » The Elser Miami at 398 5th St Miami » 398 NE 5th St 2904, Miami, FL 33132 | A11753460

For Sale 398 NE 5th St 2904, Miami, FL 33132

$730,000

Property Highlights

Listing ID A11753460 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 443 Sqft/41.16 m2 approx. Building Area 443 Sqft/41.16 m2 approx. Year Built 2022 Time of this property on Rebonus 0 Day(s)

398 NE 5th St 2904, Miami, FL 33132

Property Description: Welcome to Unit 2904 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience. Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!

Useful Info

Original List Price:$730,000
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:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):29
Entry Level Location:29
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:47

Property Features

View from the Property:
  • City
Waterfront:No
Security:
  • Door Man
  • Elevator Secured
Appliances:
  • Microwave
  • Other
Interior Features:
  • Other
Exterior Features:
  • Security/high Impact Doors
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$11,315

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:2025
Association Fee:$681
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

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):
  • Business Center
  • Fitness Center
Subdivision Name:MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
  • Cable Tv
  • Maintenance Structure
  • Hvac
  • Amenities
Complex Name:The Elser
Senior Community:No
Restrictions: Daily Rentals Allowed

Parking

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

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewSkyline View
Housing Older Persons ActUnverified
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year365
Homeowner's Association Application Fee150
StyleCondo-Hotel
Municipal Code1
Ref1108082243
Subdivision Number78

Zoning and Legal

Tax Legal Description:398 NE 5TH STREET CONDO UNIT 2904 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
Real Estate Folio Number (Parcel Number):01-41-37-078-1180
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37

Listing History

Update/EventDate/Days
Published Date:February 28, 2025 7:32 am
On Market Date:February 28, 2025
Price Change Date Time:February 27, 2025 1:52 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 28, 2025 7:32 am
Status Last Changed:February 28, 2025 7:32 am
Photos Last Modified:February 28, 2025 12:37 pm
Last Modified:February 28, 2025 5:00 pm
Days on the Market Reference Date:February 28, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):367

Additional Information

Unit Location:High Rise
Number of Photos:18
Location:,,
Included:,,
Area:41
Courtesy of:London Foster Realty
Universal Property Id:US-12025-N-0141370781180-R-N

Location

Show Property Address:Yes
Street Name:5th St
Street Number:398
Street Direction Prefix:NE
Street Address:398 NE 5th St 2904
Unit Number:2904
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade
Full Address:398 NE 5th St 2904, Miami, FL 33132
Latitude:N25° 46' 43.7''
Longitude:W81° 48' 39.4''

Neighborhood

Postal City:Miami

Property Map

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