$845,000
$35K PRICE DROP

The Elser 398 NE 5th St Unit 2414 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $6,732/month

Total Views 559
1 Bed
2 Baths
665 Sq Ft
$1,271 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Sauna
  • Ocean View
  • Fitness Center
  • Community Spa

About This Home

Price reduction!,This unit is now one of the top investment opportunities on the market. It offers a combination of features and location that make it stand out among other short-term rental properties in Miami. The building has three lines of 1-bedroom units: Line 10 offers direct water views but only has one bathroom. Line 19 faces west, offering less desirable views. Line 14, where this unit is located, provides a privileged view, more square footage, and the advantage of 2 full bathrooms a rare feature in this building. For investors looking for a property with high potential and added value, this unit is the perfect choice. Don’t miss out on this incredible opportunity!

Listing Agent

Julio Ospina

Related ISG Realty, LLC. License #3084003

Related ISG Realty, LLC.

Co-Listing Agent

Monica Nunez

Related ISG Realty, LLC. License #3327337

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,686

Year Built

  • Built in 2022

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 665 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring
  • Ocean Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4530

Community Details

Overview

  • High-Rise Condominium
  • The Elser Hotel And Resid Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 47-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Business Center
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,686

Year Built

Built in 2022

Lot Details

0

HOA Fees

$708 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: EXPP01
  • Co List Office Phone: 888-883-8509
  • Entry Level: 24
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Other, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Living Area: 665
  • Stories: 47
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Elser Hotel and Resid
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2124
  • Amenities: Business Center, Elevator(s), Exercise Room, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4530
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15686

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

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 $16,096 $783,000 -- --
2023 $16,096 $743,850 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $845,000 -4.0% $1,271 / Sq Ft
04/02/2025 04/02/25 For Sale $880,000 0.0% $1,323 / Sq Ft
11/20/2024 11/20/24 Price Changed $5,700 -1.7% $9 / Sq Ft
08/27/2024 08/27/24 For Rent $5,800 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $928,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Construction
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11776059

MIAMI REALTORS® MLS

APN: 01-4137-078-4530

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2414, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 2414, Miami, FL 33132 and is currently priced at $845,000, approximately $1,270 per square foot. This property was built in 2022. 398 NE 5th St Unit 2414 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.

Julio Ospina
Listing Agent
Julio Ospina
Section Image
Related ISG Realty, LLC.
(786) 250-0560