$575,000
SOLD MAR 12, 2025

The Elser 398 NE 5th St Unit 2007 Miami, FL 33132

Downtown Miami Neighborhood
-- Bed
1 Bath
442 Sq Ft
$1,513/mo HOA Fee

Recently Sold

$1,301 Per Sq Ft

4% Below List Price

141 Days on Market

Highlights

  • Water Views
  • 3-minute walk to College/Bayside
  • Sauna
  • Fitness Center
  • New Construction
  • Furnished

About This Home

As of March 2025

Beautiful studio hotel/condo unit nestled in the bustling heart of downtown Miami. Featuring a fully-equipped kitchen and chic modern furnishings, including a flat-screen TV, this unit offers both style and convenience. Rest easy on the plush king-size bed or utilize the pull-out couch for additional guests. Wake up to stunning views of Miami Beach Through the expansive east-facing windows. Indulge in the lavish amenities of this condominium, including a wrap-around pool, a state-of-the-art gym spanning two stories, valet parking, and more. Its unbeatable location provides easy access to the Kaseya Center, Bayside Marketplace, major roadways, the Port of Miami, public parks, and transportation options.Don't miss out on this exceptional opportunity

Last Agent to Sell the Property

Kevin Waissmann

Fortune Christie's International Real Estate License #3241039

Fortune Christie's International Real Estate

Last Buyer's Agent

Ana Teresa Rodriguez

Coldwell Banker Realty License #3219652

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,516

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $1,513 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Water

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 442 Sq Ft Home
  • Furnished
  • Blinds
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Northeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-2110

Community Details

Overview

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

Amenities

  • Sauna
  • Community Center
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,516

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$1,513 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE ELSER
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished, Unfurnished
  • Living Area: 442
  • Possible Use: Unknown/Withheld
  • Stories: 49
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level

Exterior Features

  • View: Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • 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: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 1513
  • Amenities: Community Room, Exercise Room, Other, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-2110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11516

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

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $575,000 0.0% $1,301 / Sq Ft
12/13/2024 12/13/24 Price Changed $575,000 -4.0% $1,301 / Sq Ft
10/22/2024 10/22/24 For Sale $599,000 -- $1,355 / 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 $11,516 $550,116 -- --
2023 $11,516 $532,190 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $411,876 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $575,000 Pinnacle Title Group
Warranty Deed $575,000 Pinnacle Title Group
Special Warranty Deed $686,500 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11680875

MIAMI REALTORS® MLS

APN: 01-4137-078-2110

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2007, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 2007, Miami, FL 33132 and is currently priced at $575,000, approximately $1,300 per square foot. This property was built in 2022. 398 NE 5th St Unit 2007 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.