$750,000
$59K PRICE DROP

The Elser 398 NE 5th St Unit 4603 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,653/month

Total Views 1,478
1 Bed
1 Bath
439 Sq Ft
$1,708 Price per Sq Ft

Highlights

  • Fitness Center
  • 3-minute walk to College/Bayside
  • Community Pool
  • Bay View
  • Furnished
  • Elevator

About This Home

The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished Studio residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.Can be sold as one or package deal with units 2903 and 4503.

Last Listed By

Arthur Covas

Linart Realty, LLC License #3277167 Listed on: 03/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,906

Year Built

  • Built in 2022

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 439 Sq Ft Home
  • Furnished
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Bay Views
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1010

Community Details

Overview

  • Association fees include cable TV, HVAC, insurance, maintenance structure, sewer, security, trash, water
  • The Elser Subdivision
  • 47-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,906

Year Built

Built in 2022

Lot Details

0

HOA Fees

$680 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type Additional: Condominium
  • Directions: Please use GPS.
  • Year Built: 2022
  • Entry Level: 46
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Tub Shower
  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Refrigerator, Trash Compactor, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 439.0
  • Stories: 47
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Bay
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 680.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, HVAC, Insurance, Maintenance Structure, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 01-41-37-078-1010
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11906.0

Map

About The Elser

Range of Values:

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Average Value
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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
2024 $12,217 $594,300 -- --
2023 $12,217 $564,585 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $750,000 -7.3% $1,708 / Sq Ft
03/04/2025 03/04/25 For Sale $809,000 -- $1,843 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $750,000 None Listed On Document
Special Warranty Deed $750,000 None Listed On Document
Source: Public Records

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Source: BeachesMLS

MLS Number: R11068030

BeachesMLS

APN: 01-4137-078-1010

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4603, Miami, FL

This home is located at 398 NE 5th St Unit 4603, Miami, FL 33132 and is currently priced at $750,000, approximately $1,708 per square foot. This property was built in 2022. 398 NE 5th St Unit 4603 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.

BeachesMLS 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
Arthur Covas
Listing Agent
Arthur Covas
Section Image
Linart Realty, LLC
(561) 235-6804