$575,000
NEW CONSTRUCTION $70K PRICE DROP

The Elser 398 NE 5th St Unit 2305 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,577/month

Total Views 2,018
1 Bed
1 Bath
442 Sq Ft
$1,301 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • 3-minute walk to College/Bayside
  • New Construction
  • Bar or Lounge
  • Fitness Center
  • Furnished

About This Home

fabulous 1 bedroom 1bathroom Unit Located in the Heart of Downtown Miami. This Unit Features a Full Kitchen with All Appliances, is Completely Furnished with Modern Furniture and Flat Screen TV. King Size Bed and Pull Out Couch for Extra Room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo Features a Wrap Around Pool, Two Story Gym, Valet Parking and So Much More! Location Offers Easy Access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Don't Miss This One!

Listing Agent

Helmer Olaya

Olaya International Realty LLC License #3418888 Listed on: 03/29/2025

Co-Listing Agent

Anaisha Rodriguez

Olaya International Realty LLC License #3350177

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,401

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $494 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Interior Spaces

  • 442 Sq Ft Home
  • Furnished
  • Skylights
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1460

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • 49-Story Property

Amenities

  • Community Barbecue Grill
  • Bar or Lounge

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,401

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$494 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OYIR01
  • Co List Office Phone: 305-796-5480
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 78
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Skylight
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 442
  • Stories: 49
  • Window Features: Skylight
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 494
  • Amenities: Bar, Barbecue, Child Play Area, Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-1460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11401

Map

About The Elser

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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 $10,777 $526,870 -- --
2024 $11,401 $554,600 -- --
2023 $11,401 $526,870 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Price Changed $575,000 -3.4% $1,301 / Sq Ft
05/14/2025 05/14/25 Price Changed $595,000 -7.8% $1,346 / Sq Ft
03/29/2025 03/29/25 For Sale $645,000 -- $1,459 / Sq Ft
Source: MIAMI REALTORS® MLS

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Source: MIAMI REALTORS® MLS

MLS Number: A11773278

MIAMI REALTORS® MLS

APN: 01-4137-078-1460

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2305, Miami, FL

This home is located at 398 NE 5th St Unit 2305, Miami, FL 33132 and is currently priced at $575,000, approximately $1,300 per square foot. This property was built in 2023. 398 NE 5th St Unit 2305 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes
Listing Agent
Helmer Olaya
Section Image
Olaya International Realty LLC
(645) 205-0730