$659,000
UNDER CONTRACT NEW CONSTRUCTION $231K PRICE DROP

Estimated payment $5,461/month

Total Views 3,388
1 Bed
1 Bath
560 Sq Ft
$1,177 Price per Sq Ft

Highlights

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

About This Home

Enjoy a modern vacation home for Miami getaways & investment opportunity for condo-hotel/short-term rental income w/all yr.round city visitors!Global connectivity w/ Intl.Miami Airport|Port of Miami|high-speed Train.World class Arts|Fashion|Sports events,many conferences & cruises yr.long!Relax in urban luxury w/ unique features: panoramic Biscayne Bay/Downtown views through floor-to-ceiling windows.Beautiful furnished 1bed unit sleeps 4|full kitchen|porcelain wood floors|smart bldg.technology.Exclusive oversized pool|Jacuzzi|bar|restaurant|gym 2 levels|24/7concierge|SouthBeach private beach club!Central location w/ plenty of dining|shopping|entertainment MiamiWorldCenter|Concert/Basketball/Opera&Ballet arenas|Museums|BaysidePark|Marina|free MetroMover.Right between Brickell & Wynwood

Listing Agent

Adanna Becker

Sterling Equity Realty LLC License #3116023 Listed on: 01/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,040

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $734 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger

Property Views

  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 560 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Energy-Efficient Thermostat
  • Balcony
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4910

Community Details

Overview

  • 646 Units
  • High-Rise Condominium
  • 398 Ne 5Th St Condo
  • Elser Hotel & Residences ,The Elser Subdivision
  • 47-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Lobby

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,040

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$734 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: GO I-95 EXIT I-395 MACARTHUR CSWY, TAKE EXIT US1/BISCAYNE BLVD. TURN RIGHT/SOUTH ON NE 2ND AVE. GO SOUTH TO NE 5TH ST TURN LEFT/EAST AND THE ELSE IS ON THE RIGHT/SOUTH SIDE AND THE END OF THE BLOCK - WELCOME!
  • Entry Level: 28
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ELSER HOTEL & RESIDENCES -,THE ELSER
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: 4236

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Custom Mirrors, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 560
  • Stories: 47
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS 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: 398 NE 5TH ST CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Electric Vehicle Charging Station(s), Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 734
  • Amenities: Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4910

Green Features

  • Efficiency: Thermostat

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 734
  • Number Of Units In Community: 646
  • Number Of Units Total: 646

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13040

Map

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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
2024 $13,937 $678,000 -- --
2023 $13,937 $644,100 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Price Changed $659,000 -0.2% $1,177 / Sq Ft
10/02/2024 10/02/24 Price Changed $660,000 -1.5% $1,179 / Sq Ft
09/13/2024 09/13/24 Price Changed $670,000 -15.7% $1,196 / Sq Ft
07/11/2024 07/11/24 Price Changed $795,000 -0.6% $1,420 / Sq Ft
07/09/2024 07/09/24 Price Changed $800,000 -5.7% $1,429 / Sq Ft
06/21/2024 06/21/24 Price Changed $848,000 -4.2% $1,514 / Sq Ft
05/21/2024 05/21/24 Price Changed $885,000 -0.6% $1,580 / Sq Ft
04/05/2024 04/05/24 For Sale $890,000 0.0% $1,589 / Sq Ft
04/05/2024 04/05/24 Off Market $890,000 -- --
01/06/2024 01/06/24 For Sale $890,000 -- $1,589 / Sq Ft
Source: MIAMI REALTORS® MLS

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Source: MIAMI REALTORS® MLS

MLS Number: A11509267

MIAMI REALTORS® MLS

APN: 01-4137-078-4910