$730,000

The Elser 398 NE 5th St Unit 2904 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,656/month

Total Views 1,140
-- Bed
1 Bath
443 Sq Ft
$1,648 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Business Center
  • Fitness Center
  • Skyline View
  • Clear Impact Glass

About This Home

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!

Listing Agent

Daniel Mordechai

London Foster Realty License #3387171 Listed on: 02/28/2025

London Foster Realty

Co-Listing Agent

Matthew Cordova

London Foster Realty License #3580029

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 2022

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel

Interior Spaces

  • 1 Full Bathroom
  • 443 Sq Ft Home
  • Tile Flooring
  • Microwave

Home Security

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1180

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Business Center

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,315

Year Built

Built in 2022

Lot Details

0

HOA Fees

$681 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: LNFS01
  • Co List Office Phone: 305-514-0100
  • Entry Level: 29
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: The Elser
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 443
  • Stories: 47
  • Window Features: Clear Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Skyline
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 681
  • Amenities: Business Center, Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-1180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 646
  • Number Of Units Total: 646

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11315

Map

About The Elser

Range of Values:

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Sold 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 $10,975 $536,560 -- --
2024 $11,610 $564,800 -- --
2023 $11,610 $536,560 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 For Sale $730,000 -- $1,648 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $704,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $493,374 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11753460

MIAMI REALTORS® MLS

APN: 01-4137-078-1180

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2904, Miami, FL

This home is located at 398 NE 5th St Unit 2904, Miami, FL 33132 and is currently priced at $730,000, approximately $1,647 per square foot. This property was built in 2022. 398 NE 5th St Unit 2904 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
Daniel Mordechai
Listing Agent
Daniel Mordechai
Section Image
London Foster Realty
(516) 203-5253