$850,000
SOLD MAR 13, 2025

The Elser 398 NE 5th St Unit 4414 Miami, FL 33132

Downtown Miami Neighborhood
1 Bed
2 Baths
781 Sq Ft
$665/mo HOA Fee

Recently Sold

$1,088 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Ocean View
  • Property Fronts a Bay or Harbor
  • New Construction

About This Home

As of March 2025

High up on the 44th floor, surround yourself with breathtaking turquoise water views and the downtown skyline from this 1-bedroom, 2-full bathroom unit at the brand new Elser Hotel & Residences. The ultimate vacation home or investment property as you can place unit in the hotel program for short-term rentals to generate great income. Resale unit delivered fully turnkey & NO Developer fee! The brand new Elser has state-of-the-art amenities and the perfect location in booming downtown Miami - steps to world-class entertainment, museums, dining, shopping, and more. Priced to Sell!!

Last Agent to Sell the Property

Jordan Lederman

Fortune International Realty License #3245821

Fortune International Realty

Last Buyer's Agent

Carlo Ortiz

Xcellence Realty License #3110057

Xcellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 781 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Home Security

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4730

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,000

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$665 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 44
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: The Elser
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Entrance Foyer, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 781
  • Possible Use: Unknown/Withheld
  • Stories: 47
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 665
  • Amenities: Barbecue, Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16000

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
03/13/2025 03/13/25 Sold $850,000 -2.2% $1,088 / Sq Ft
01/31/2025 01/31/25 For Sale $869,000 -- $1,113 / 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 $17,091 $831,400 -- --
2023 $17,091 $831,400 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $780,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11732718

MIAMI REALTORS® MLS

APN: 01-4137-078-4730

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4414, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 4414, Miami, FL 33132 and is currently priced at $850,000, approximately $1,088 per square foot. This property was built in 2022. 398 NE 5th St Unit 4414 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.