$620,000
SOLD NOV 22, 2024

The Elser 398 NE 5th St Unit 1504 Miami, FL 33132

Downtown Miami Neighborhood
1 Bed
1 Bath
443 Sq Ft
$506/mo HOA Fee

Recently Sold

$1,400 Per Sq Ft

3% Below List Price

116 Days on Market

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Marina
  • Bar or Lounge
  • New Construction

About This Home

As of November 2024

The Elser Hotel & Residences Miami offers a cosmopolitan lifestyle tailored to your every need. Enjoy close proximity to fine dining, art, nightlife, culture, Biscayne Bay, and Miami International Airport. Residents have access to a range of curated amenities designed for recreation, relaxation, and inspiration.

This fully furnished studio residence features a 9'2" ceiling height with floor-to-ceiling windows, a smart thermostat, and smart keyless entry. Short-term rentals are allowed with a 1-day minimum, and rental through hotel management is also available. This property is an excellent opportunity for investors.
CALL LISTING AGENT!!!

Last Agent to Sell the Property

Mariana Martynov

Golden Keys Inc License #3568380

Last Buyer's Agent

Mariana Martynov

Golden Keys Inc License #3568380

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,133

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $506 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 443 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1040

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • 49-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Bar or Lounge
  • Laundry Facilities
  • Lobby
  • Secure Lobby
  • Interior Hall
  • Elevator

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,133

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$506 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: #
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Bar, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 443
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 49
  • Bedroom Features: Studio
  • Living Room Features: Other
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Skyline
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE ELSER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 506
  • Amenities: Bar, Billiard Room, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Marina, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-37-078-1040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11133

Map

About The Elser

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $620,000 -2.8% $1,400 / Sq Ft
07/28/2024 07/28/24 For Sale $638,000 -- $1,440 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,133 $541,600 -- --
2023 $11,133 $514,520 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Balloon
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $620,000 Southeastern Title
Warranty Deed $620,000 Southeastern Title
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11631157

MIAMI REALTORS® MLS

APN: 01-4137-078-1040

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1504, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 1504, Miami, FL 33132 and is currently priced at $620,000, approximately $1,399 per square foot. This property was built in 2022. 398 NE 5th St Unit 1504 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.