$1,300,000
SOLD FEB 19, 2025

The Elser 398 NE 5th St Unit 3711 Miami, FL 33132

Downtown Miami Neighborhood
2 Beds
2 Baths
818 Sq Ft
$1,100/mo HOA Fee

Recently Sold

$1,589 Per Sq Ft

18% Below List Price

281 Days on Market

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • New Construction

About This Home

As of February 2025

Step into luxury living at The Elser Residences with this 2-bed, 2-bath unit. Boasting mindful design and stunning views of Biscayne Bay and Downtown Miami, each detail is crafted for exceptional living. Enjoy modern amenities like Ecobee smart thermostat and smart keyless entry, along with 9'2" ceilings and floor-to-ceiling windows. Dive into a vibrant lifestyle with curated amenities and access to entertainment and dining. Don't miss out on this opportunity for unparalleled sophistication and convenience.

Last Agent to Sell the Property

Rolando Bonilla

EXP Realty LLC License #3367607

EXP Realty LLC

Last Buyer's Agent

Carlo Ortiz

Xcellence Realty License #3110057

Xcellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,425

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Bay

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 818 Sq Ft Home
  • Furnished
  • Skylights
  • Entrance Foyer
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-3640

Community Details

Overview

  • High-Rise Condominium
  • The Elser Residence Condos
  • 398 Ne 5Th Street Condo Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,425

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 17
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 398 NE 5TH STREET CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range
  • Interior Amenities: Lobby, Closet Cabinetry, Entrance Foyer, Skylight, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 818
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 49
  • Window Features: Skylight
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Barbeque
  • Construction Type: Concrete Block With Brick
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Elser Residence
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1100
  • Amenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-3640
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 26425

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
02/19/2025 02/19/25 Sold $1,300,000 -3.7% $1,589 / Sq Ft
01/07/2025 01/07/25 Price Changed $1,350,000 -9.9% $1,650 / Sq Ft
08/30/2024 08/30/24 Price Changed $1,499,000 -5.0% $1,833 / Sq Ft
05/13/2024 05/13/24 For Sale $1,577,228 -- $1,928 / 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 $26,425 $1,285,500 -- --
2023 $26,425 $1,221,225 -- --
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 Xcellence Title Llc
Special Warranty Deed $1,546,200 None Listed On Document
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11586615

MIAMI REALTORS® MLS

APN: 01-4137-078-3640

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 3711, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 3711, Miami, FL 33132 and is currently priced at $1,300,000, approximately $1,589 per square foot. This property was built in 2022. 398 NE 5th St Unit 3711 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.