Miami, FL 33132 398 NE 5th St 3204
$740,000
14 more
Presented By: This listing is courtesy of London Foster Realty;
Baths • 1
SQFT • 443
Garage • 1
Home Details
Welcome to Unit 3204 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience.
Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!
Presented By: This listing is courtesy of London Foster Realty;
Interior Features for 398 NE 5th St 3204
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Furnished Y/NFurnished
Heating Y/NNo
Total Stories47
Other Rooms
Entry Level32
General for 398 NE 5th St 3204
Additional Parcels Y/NNo
AppliancesMicrowave
Architectural StyleOther
Assoc Fee Paid PerMonthly
Association AmenitiesBusinessCenter, FitnessCenter
Association Fee IncludesHvac
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Entry Location32
Exterior FeaturesBalcony, SecurityHighImpactDoors
Full Baths1
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$681.0
HeatingOther
Home Warranty Y/NNo
Interior FeaturesOther
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description398 NE 5TH STREET CONDO UNIT 3204 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Patio/Porch FeaturesBalcony, Open
Pets AllowedConditional, Yes
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
RestrictionsDailyRentalsAllowed, LimitedNumberVehicles
Security FeaturesDoorMan, ElevatorSecured
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameThe Elser
Tax Annual Amount11417.0
Tax Year2025
Total Rooms0
Unit Number3204
ViewCity
Virtual TourClick here
Waterfront Y/NNo
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 3204
Building Area Total443.0
Covered Spaces1.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Parking FeaturesValet
Private PoolNo
SpaNo
Additional Details
Price History
Heriberto Rios
Realtor®
