$649,000

The Elser 398 NE 5th St Unit 1902 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,835/month

Total Views 1,678
1 Bed
1 Bath
430 Sq Ft
$1,509 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • Clubhouse

About This Home

Welcome to The Elser Hotel and Residences Miami, where luxury meets investment potential. This 1-bedroom, 1-bathroom unit is priced to sell at $649,000, offering the best value in the building.
As an owner, you can take advantage of the professionally managed short-term rental program, allowing daily rentals to maximize your returns. ?
Enjoy access to world-class amenities, including a resort-style pool, state-of-the-art fitness center, and co-working spaces. Located in the heart of Downtown Miami, you’re steps away from premier dining, entertainment, and cultural attractions. Don’t miss this exceptional opportunity to own a piece of Miami’s vibrant lifestyle.

Listing Agent

Ariel Shahaf

Miles Goldstein Real Estate License #3297101 Listed on: 12/23/2024

Co-Listing Agent

Sivan Sibony Levy

Miles Goldstein Real Estate License #3545638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,978

Year Built

  • Built in 2022

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Bay

Home Design

  • Condo Hotel
  • Entry on the 19th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 430 Sq Ft Home
  • Built-In Features
  • Blinds
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-0400

Community Details

Overview

  • High-Rise Condominium
  • Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,978

Year Built

Built in 2022

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: MGRE01
  • Co List Office Phone: 305-336-6959
  • Entry Level: 19
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 430
  • Stories: 49
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ELSER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10978

Map

About The Elser

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,649 $465,800 -- --
2024 $11,265 $548,000 -- --
2023 $11,265 $520,600 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 For Sale $649,000 -- $1,509 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11713607

MIAMI REALTORS® MLS

APN: 01-4137-078-0400

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1902, Miami, FL

For Sale

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Ariel Shahaf
Listing Agent
Ariel Shahaf
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Miles Goldstein Real Estate
(305) 988-4998