398 NE 5th St # 1706, Miami FL 33132 | Miami-Dade County | A11789023
- $579,000
- Condominium
- 1
- 1
- 1
- 443 Square Feet
398 NE 5th St # 1706, Miami FL 33132 | Miami-Dade County | A11789023
- $579,000
Description
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.
Address
Open on Google Maps-
Address: 5th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: THE ELSER
Details
Updated on August 5, 2025 at 11:04 pm-
Property ID A11789023
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Price $579,000
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Property Size 443 Square Feet
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Bedroom 1
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Bathroom 1
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Garage 1
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Year Built 2022
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle High Rise
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AssociationAmenities Clubhouse-Clubroom,Community Room,Exercise Room,Exterior Lighting,Heated Pool,Spa/Hot Tub
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AssociationFee 494
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AssociationFeeFrequency Monthly
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BathroomsFull 1
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BathroomsHalf 0
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BuildingAreaTotal 443
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BuildingAreaUnits Square Feet
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BuildingName The Elser
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2025-04-22
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Cooling Central Air
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CoveredSpaces 1
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DaysOnMarket 105
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DoorFeatures High Impact Doors
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EntryLevel 17
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Furnished Furnished
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-632-2512
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ListAgentEmail minerva@relatedisg.com
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ListAgentFullName Minerva Arboleya
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ListAgentKey c7a714583a1d30c0257fdfbf62cb54df
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ListAgentMlsId 3547796
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ListAgentOfficePhone 305-932-6365
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ListAgentStateLicense 3547796
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ListOfficeFax 305-931-6710
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ListOfficeKey ce8f49793bdcc6150ca84a6d1bda8944
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ListOfficeMlsId RISR01
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ListOfficeName Related ISG Realty, LLC.
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ListOfficePhone 305-932-6365
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-04-22
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ListingKey a58e8fee04b7ce725ef24108a536d388
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ListingTerms All Cash,Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor The Elser
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MajorChangeTimestamp April 22, 2025 at 11:17pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp August 5, 2025 at 08:10pm
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OnMarketDate 2025-04-22
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OriginalEntryTimestamp April 22, 2025 at 11:17pm
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OriginalListPrice 579000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-37-078-1740
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ParkingFeatures 1 Space,Covered,Valet
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PetsAllowed Restrictions Or Possible Restrictions
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PhotosChangeTimestamp April 22, 2025 at 11:19pm
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PhotosCount 14
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Possession Funding
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PostalCodePlus4 2065
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PriceChangeTimestamp April 22, 2025 at 11:00pm
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PublicSurveyRange 41
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PublicSurveySection 37
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PublicSurveyTownship 41
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RoomsTotal 0
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SecurityFeatures Lobby Secured
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ShowingInstructions 24 Hour Notice
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SourceSystemKey 410437306
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StateOrProvince FL
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StatusChangeTimestamp April 22, 2025 at 11:17pm
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StoriesTotal 49
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StreetDirPrefix NE
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StreetName 5th St
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StreetNumber 398
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StreetNumberNumeric 398
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StructureType Condo-Hotel,Condo
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SyndicationRemarks Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.
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TaxAnnualAmount 10914
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TaxLegalDescription 398 NE 5TH STREET CONDO UNIT 1706 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
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TaxYear 2024
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UnitNumber 1706
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View Other View
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YearBuiltDetails Effective Year Built
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