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398 NE 5th St #3901, Miami, FL 33132
$1,400,000
398 NE 5th St #3901, Miami, FL 33132View this property at 398 NE 5th St #3901, Miami, FL 33132
398 NE 5th St #3901MiamiFL33132
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Property Description
Welcome to The Elser Hotel & Residences Miami! This corner unit offers spacious living with 3 bedrooms and 3 bathrooms, ready to generate income from day one! Situated in the heart of Downtown Miami, this unit is ideal for both investors and end-users. Within close proximity to world-class entertainment, arts, and restaurants, this unit offers a dynamic and vibrant lifestyle complemented by breathtaking views of Biscayne Bay and Miami. There are no other units on the market with these views! At The Elser, you will discover a range of carefully curated amenities designed for leisure, rejuvenation, and creativity. This fully furnished residence boasts 9'2" ceilings throughout, floor-to-ceiling windows, an Ecobee smart thermostat, and a smart keyless entry system.
Full Property Details
Full Property Details for 398 NE 5th St #3901
General
- Price: $1,400,000
- HOA FEE: $1,200/month
- Taxes: $26,159 (2023)
- Status: Active
- Type: Condo
- MLS ID: A11562334
- Updated: 4/3/2024
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Lobby, Closet Cabinetry, Elevator, Skylight, Other
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
Other Rooms
- Living Room: Other Sq. Ft.
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Bar, Barbecue, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: Air Conditioning Maintenance, All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Internet/WiFi, Parking, Water
- Security/Safety: Elevator Secure, Card Entry, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Barbecue
- Deck/Patio: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet, No Rv/Boats, No Trucks/Trailers
Location
- Area: The Elser
- County: Miami-Dade County
- Subdivision: The Elser
- Building Name: The Elser
- Driving Directions: Use GPS.
- Direction Faces: West
Community
- Community Name: The Elser
- Association: Yes
- Units Assoc/Comm: 646
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block With Brick
- Windows: Clear Impact Glass, Complete Impact Glass, Skylight, Blinds
- Doors: High Impact Doors
- Entry Floor Number: 39
- Building Size: 1150
- Square Feet: 1,150
- Living Area: 1,150 Sq. Ft.
- Year Built: 2022
- Property Condition: New Construction
Unit Information
- Units in Complex: 646
Lot Features
- Property View: Bay, Skyline
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,217.39
- Association Fee: $1,200
- Assoc Fee Freq.: Monthly
- Tax Amount: $26,159
- Tax Year: 2023
- Terms: All Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3901 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Auto Parking On, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year
- Inclusions: None, Other
- Property ID: 01-41-37-078-0260
Listed by The One Realty Group, LLC.
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Schools
Schools serving 398 NE 5th St #3901
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
314 Nw 12th St, Miami, FL 33136 | PK-5 | 0.8 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 22.4 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.1 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 1.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 17.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #3901
Date
Details
Price
Change
Source
4/03/2024
Listed
$1,400,000
-13.7%
MLS
5/17/2023
Sold
$1,622,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 398 NE 5th St #3901
Year
Property Taxes
Change
Tax Assessment
Change
2023
$25,887
—
$1,325,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 398 NE 5th St #3901
398 NE 5th St #3901, Miami, FL 33132 (MLS# A11562334) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #3901 is currently listed for $1,400,000 and was received on April 03, 2024. Want to learn more about 398 NE 5th St #3901? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.