
The Elser 398 NE 5th St Unit 3204 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $5,762/month
Highlights
- Doorman
- 3-minute walk to College/Bayside
- Furnished
- Fitness Center
- Skyline View
- Business Center
About This Home
Welcome to Unit 3204 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience.
Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,417
Year Built
- Built in 2022
HOA Fees
- $681 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Condo Hotel
Interior Spaces
- 1 Full Bathroom
- 443 Sq Ft Home
- Furnished
- Tile Flooring
- Microwave
Home Security
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 01-41-37-078-1210
Community Details
Overview
- 646 Units
- The Elser Condos
- The Elser Subdivision
- 47-Story Property
Amenities
- Doorman
- Valet Parking
- Business Center
Recreation
- Fitness Center
Pet Policy
- Breed Restrictions
Security
- Secure Elevator
- High Impact Door
Map
About The Elser
Home Values in the Area
Average Home Value in this Area
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 | $11,715 | $569,900 | -- | -- |
2023 | $11,715 | $541,405 | -- | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/28/2025 02/28/25 | For Sale | $740,000 | -- | $1,670 / Sq Ft |
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Source: MIAMI REALTORS® MLS
MLS Number: A11753429

APN: 01-4137-078-1210
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