$745,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

The Elser 398 NE 5th St Unit 3714 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $6,284/month

Total Views 114
1 Bed
2 Baths
665 Sq Ft
$1,120 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Ocean Front
  • Bar or Lounge
  • Furnished

About This Home

Experience luxury & income potential at The Elser Hotel & Residences in Downtown Miami. This 1BD/2BA offers stunning bay views & access to resort-style amenities: rooftop pool with restaurant & bar, hot tub, business center & 2-story fitness center. ViceVersa, the award-winning lobby bar & restaurant, adds to the lifestyle. Steps from Kaseya Center, Port of Miami & the city’s best dining, arts & nightlife. Downtown Miami is undergoing a $15B+ transformation, set to become the city’s new epicenter. Approved for daily rentals with flexible management, ideal for investors or as a pied-a-terre.

Listing Agent

Joan Bruggink

License #3270204 Listed on: 09/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,309

Year Built

  • Built in 2022

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

HOA Fees

  • $897 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Bay

Home Design

  • Condo Hotel

Interior Spaces

  • 665 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4660

Community Details

Overview

  • 646 Units
  • High-Rise Condominium
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Community Barbecue Grill
  • Business Center
  • Bar or Lounge

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Putting Green

Pet Policy

  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,309

Year Built

Built in 2022

Lot Details

0

HOA Fees

$897 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 37
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Furnished: Furnished
  • Living Area: 665
  • Stories: 49
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • 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: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 897
  • Amenities: Bar, Barbecue, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Putting Green, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4660

Green Features

  • Efficiency: Appliances, Doors, HVAC, Insulation, Lighting, Windows

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: 2024
  • Tax Annual Amount: 16309

Map

About The Elser

Range of Values:

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List Price
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 $15,820 $732,690 -- --
2024 $16,735 $814,100 -- --
2023 $16,735 $773,395 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $745,000 0.0% $1,120 / Sq Ft
11/01/2024 11/01/24 Rented $3,400 -2.9% --
10/26/2024 10/26/24 Under Contract -- -- --
10/11/2024 10/11/24 For Rent $3,500 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $954,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,800 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11864160

MIAMI REALTORS® MLS

APN: 01-4137-078-4660

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 3714, Miami, FL

This home is located at 398 NE 5th St Unit 3714, Miami, FL 33132 and is currently priced at $745,000, approximately $1,120 per square foot. This property was built in 2022. 398 NE 5th St Unit 3714 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
Joan Bruggink
Section Image
(305) 504-6342