$745,000
$50K PRICE DROP

The Elser 398 NE 5th St Unit 2804 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,397/month

Total Views 3,186
1 Bed
1 Bath
443 Sq Ft
$1,682 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • Intracoastal View

About This Home

Discover The Elser Residence 2804, a cultivated residence created for exceptional vibrant living, mindful and sophisticated designs pair perfectly with floor to ceiling views of Biscayne Bay and Downtown Miami, created for modern living. The Elser Hotel Residences Miami offers a choice for every need. Discover a wealth of curated amenities meant for recreation, relaxation and inspiration.Within the many attributes, owners may rent the properties daily for better income returns. Units offer ceiling height with floor to ceiling windows, Ecobee smart thermostat, Smart keyless entry, and much more. With access to an abundance of well- appointed amenities and direct proximity to world-class entertainment, arts, and dining, The Elser Hotel and Residences offers a lively, dynamic lifestyle.

Listing Agent

Bento Queiroz

Compass Florida, LLC License #3242275 Listed on: 12/18/2023

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,575

Year Built

  • Built in 2022

Lot Details

  • Property Fronts a Bay or Harbor
  • North Facing Home

HOA Fees

  • $505 Monthly HOA Fees

Property Views

  • Intracoastal
  • Bay

Home Design

  • Condo Hotel
  • Entry on the 28th floor

Interior Spaces

  • 443 Sq Ft Home
  • Furnished
  • Built-In Features
  • Family Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1170

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • The Elser Subdivision
  • 47-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Lobby
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,575

Year Built

Built in 2022

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 28
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE ELSER
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 443
  • Other Equipment: Elevator
  • Stories: 47
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Intracoastal View, Skyline
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE ELSER
  • Parking Features: Valet, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 505
  • Amenities: Bar, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-1170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11575

Map

About The Elser

Range of Values:

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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 $10,942 $534,945 -- --
2024 $11,575 $563,100 -- --
2023 $11,575 $534,945 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Price Changed $745,000 -3.9% $1,682 / Sq Ft
03/04/2024 03/04/24 Price Changed $775,000 0.0% $1,749 / Sq Ft
12/18/2023 12/18/23 For Rent $4,995 0.0% --
12/18/2023 12/18/23 For Sale $795,000 -- $1,795 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $702,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,390 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11501823

MIAMI REALTORS® MLS

APN: 01-4137-078-1170

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2804, Miami, FL

For Sale

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.

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Bento Queiroz
Listing Agent
Bento Queiroz
Section Image
Compass Florida, LLC
(786) 838-6587