$1,595,000

The Elser 398 NE 5th St Unit 4701 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $12,355/month

Total Views 1,026
3 Beds
3 Baths
1,150 Sq Ft
$1,387 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • Penthouse

About This Home

Short-term rental property in the heart of Downtown Miami. Daily rentals are allowed, making this a turn-key option for generating rental income in Miami’s most sought-after neighborhood.

Discover this fully furnished 3-bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy.

This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment. LLC being sold.

Listing Agent

Marieann altuve

MRI Realty Group License #3494998

Co-Listing Agent

Rolando Chang

MRI Realty Group License #3572065

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,839

Year Built

  • Built in 2022 | Remodeled

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Bay

Home Design

  • Penthouse

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-0340

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • Map Of Miami Dade Co. Fl.,The Elser Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 47-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,839

Year Built

Built in 2022 | Remodeled

Lot Details

0

HOA Fees

$1,300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Ownership: Corporation
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Mls Id: MRRG01
  • Co List Office Phone: 786-280-2600
  • Entry Level: 47
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.,THE ELSER
  • Year Built Details: Newly Updated/Renovated
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Vinyl, Wood
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 1150
  • Stories: 47
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • 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, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1300
  • Amenities: Bar, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-41-37-078-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25839

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 $27,909 $1,289,815 -- --
2023 $27,909 $1,289,815 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $1,595,000 -- $1,387 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,489,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11756284

MIAMI REALTORS® MLS

APN: 01-4137-078-0340

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4701, Miami, FL

Homes for Sale in Miami, FL

This home is located at 398 NE 5th St Unit 4701, Miami, FL 33132 and is currently priced at $1,595,000, approximately $1,386 per square foot. This property was built in 2022. 398 NE 5th St Unit 4701 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.

Listing Agent
Marieann altuve
Section Image
MRI Realty Group
(305) 477-1818