NEW CONSTRUCTION
$76K PRICE DROP
The Elser 398 NE 5th St Unit 3610 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $6,874/month
Total Views
40,630
1
Bed
1
Bath
509
Sq Ft
$1,766
Price per Sq Ft
Highlights
- Doorman
- 3-minute walk to College/Bayside
- Property Fronts a Bay or Harbor
- Ocean View
- Private Dock
- Fitness Center
About This Home
Incomparable value, luxury and location at The Elser Residences. The absolute best priced 1BR/1Bth high floor, 10-Line, direct bayfront 1 bedroom unit in the building. True investment potential w/ property delivered turnkey. Enjoy the flexibility to live/work or rent your unit from day one, for daily returns in the manner you choose. Imported Italkraft kitchen cabinetry offset by the warmth of neutral toned porcelain tiled flooring for a contemporary feel. Custom cabinetry built-ins for the bedroom closet and hurricane impact slideing doors to the balcony. The Elser Residences is a smart-technology hotel/condo with an endless array of state-of-the-art amenities & charm for you & your guests. Top-rated restaurants, entertainment & cruiselines in the area provide substantial value.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,017
Year Built
- Built in 2022 | New Construction
Lot Details
- Property Fronts a Bay or Harbor
- East Facing Home
HOA Fees
- $567 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
- Ocean
- Bay
Home Design
- Condo Hotel
Interior Spaces
- 509 Sq Ft Home
- Furnished
- Built-In Features
- Video Cameras
- Leased Washer and Dryer
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Closet Cabinetry
- 1 Full Bathroom
- Shower Only
Outdoor Features
- Fixed Bridges
- Private Dock
Additional Features
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-41-37-078-3290
Community Details
Overview
- High-Rise Condominium
- The Elser Condo
- The Elser Condominium Subdivision
- 49-Story Property
Amenities
- Doorman
- Valet Parking
- Community Barbecue Grill
- Sauna
- Trash Chute
- Business Center
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Secure Elevator
- High Impact Door
Map
About The Elser
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | $16,086 | $827,800 | -- | -- |
| 2024 | $17,017 | $827,800 | -- | -- |
| 2023 | $17,017 | $786,410 | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $899,000 | -5.4% | $1,766 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $950,000 | -2.6% | $1,866 / Sq Ft |
| 10/13/2024 10/13/24 | For Sale | $975,000 | -- | $1,916 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,078,600 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $845,600 | New Conventional |
Source: Public Records
About the Listing Agent
VP of Miami Brokerage and licensed for both Florida State and New York. Specializing in Luxury Residential in Miami and New York City as well as Commercial Real Estate & Corporate Relocation. Sound Investments of all types are my business! Call me anytime to discuss!!
Benjamin's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11672245
APN: 01-4137-078-3290
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