$859,000
NEW CONSTRUCTION $106K PRICE DROP

The Elser 398 NE 5th St Unit 3814 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $6,822/month

Total Views 564
1 Bed
2 Baths
665 Sq Ft
$1,292 Price per Sq Ft

Highlights

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

About This Home

INVESTORS! Step into the epitome of contemporary luxury living in Miami! Presenting a pristine 1-bedroom / 2 full bathroom residence in The Elser Hotel and Residences. World class amenities include rooftop pool with panoramic city views, cutting edge 2 floor fitness center and 24/7 concierge. SHORT TERM RENTAL FRIENDLY! Unit is currently operated as short term rental 365 days a year.

Listing Agent

Marcelo Blanque

EXP Realty LLC License #3495067 Listed on: 10/14/2024

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,784

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Condo Hotel

Interior Spaces

  • 665 Sq Ft Home
  • Tile Flooring
  • Bay Views
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4670

Community Details

Overview

  • High-Rise Condominium
  • The Elser Hotel Miami Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

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

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,784

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 38
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 665
  • Stories: 49
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Elser Hotel Miami
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 665
  • Amenities: Bar, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4670

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16784

Map

About The Elser

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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 $16,784 $816,500 -- --
2023 $16,784 $204,125 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $859,000 0.0% $1,292 / Sq Ft
04/13/2025 04/13/25 Off Market $859,000 -- --
03/06/2025 03/06/25 Price Changed $859,000 -11.0% $1,292 / Sq Ft
10/14/2024 10/14/24 For Sale $965,000 -- $1,451 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $984,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $689,409 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11676565

MIAMI REALTORS® MLS

APN: 01-4137-078-4670

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 3814, Miami, FL

This home is located at 398 NE 5th St Unit 3814, Miami, FL 33132 and is currently priced at $859,000, approximately $1,291 per square foot. This property was built in 2022. 398 NE 5th St Unit 3814 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.

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Listing Agent
Marcelo Blanque
Section Image
EXP Realty LLC
(888) 883-8509