The Elser 398 NE 5th St Unit 4209 Miami, FL 33132
Downtown Miami Neighborhood
2
Beds
2
Baths
983
Sq Ft
$1,202/mo
HOA Fee
Highlights
- Valet Parking
- 3-minute walk to College/Bayside
- Fitness Center
- Property Fronts a Bay or Harbor
- Bar or Lounge
- New Construction
About This Home
As of February 2025The Elser Hotel & Residences is positioned in Miami's most magnetic locale, downtown Miami. The brand-new, move-in-ready condo building offers a lively dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining. The Elser Hotel & Residences comes equipped with the latest in smart home technology and amenities including a double-height pool deck with a 132 ft resort-style pool, a two-level modern gym and fitness studio, an outdoor yoga deck, and a lawn with unobstructed stunning Biscayne Bay and downtown city views.
Last Agent to Sell the Property
London Foster Realty License #3510481 Listed on: 12/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $30,181
Year Built
- Built in 2022 | New Construction
Lot Details
- Property Fronts a Bay or Harbor
- East Facing Home
HOA Fees
- $1,202 Monthly HOA Fees
Home Design
- Condo Hotel
- Concrete Block With Brick
- Concrete Block And Stucco Construction
Interior Spaces
- 983 Sq Ft Home
- Furnished
- Skylights
- Blinds
- Entrance Foyer
- Family Room
- Open Floorplan
- Storage Room
- Tile Flooring
- Bay Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
Parking
- Attached Garage
- Secured Garage or Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Deck
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-41-37-078-3010
Community Details
Overview
- 646 Units
- High-Rise Condominium
- The Elser Condos
- 398 Ne 5Th Street Subdivision
- 49-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Sauna
- Trash Chute
- Clubhouse
- Business Center
- Bar or Lounge
- Elevator
Recreation
- Fitness Center
- Heated Community Pool
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Security Guard
- Card or Code Access
- Secure Elevator
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2024
Closed on
Feb 28, 2025
Sold by
Momin Mustafa
Bought by
K & P Fulk Llc
Seller's Agent
Elica Betancourt
London Foster Realty
Buyer's Agent
Thomas Kane
LoKation
List Price
$1,857,000
Sold Price
$1,500,000
Premium/Discount to List
-$357,000
-19.22%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,457
Avg. Annual Appreciation
13.35%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $1,500,000 | -19.2% | $1,526 / Sq Ft |
| 12/19/2024 12/19/24 | For Sale | $1,857,000 | -- | $1,889 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $30,181 | $1,468,200 | -- | -- |
| 2023 | $30,181 | $1,394,790 | -- | -- |
Source: Public Records
Agents Affiliated with this Home
-
Elica Betancourt
E
Seller's Agent in 2025
Elica Betancourt
London Foster Realty
(305) 514-0100
1 in this area
1 Total Sale
-
Thomas Kane
T
Buyer's Agent in 2025
Thomas Kane
LoKation
(954) 649-3895
1 in this area
6 Total Sales
About The Elser
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11712356
APN: 01-4137-078-3010
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