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
Elica Betancourt
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
$58,737
Avg. Annual Appreciation
1.19%
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 |
|---|---|---|---|---|
| 2025 | $28,530 | $1,394,790 | -- | -- |
| 2024 | $30,181 | $1,468,200 | -- | -- |
| 2023 | $30,181 | $1,394,790 | -- | -- |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2025
Elica Betancourt
London Foster Realty
-
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
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.
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
- 398 NE 5th St Unit 2016
- 398 NE 5th St Unit 4417
- 398 NE 5th St Unit 1412
- 398 NE 5th St Unit 1719
- 398 NE 5th St Unit 1711
- 398 NE 5th St Unit 3711
- 398 NE 5th St Unit 3219
- 398 NE 5th St Unit 4207
- 398 NE 5th St Unit 1710
- 398 NE 5th St Unit 4502
- 398 NE 5th St Unit 3804
- 398 NE 5th St Unit 2908
- 398 NE 5th St Unit 3717
- 398 NE 5th St Unit 2407
- 398 NE 5th St Unit 1809
- 398 NE 5th St Unit 3013
- 398 NE 5th St Unit 3718-3719
- 398 NE 5th St Unit 2704
- 398 NE 5th St Unit 2503
- 398 NE 5th St Unit 3503