398 NE 5th St #2316, Miami, FL 33132
FOR SALENEW CONSTRUCTION

398 NE 5th St #2316
Miami, FL 33132

Downtown
  • 1 Bed
  • 1 Bath
  • 362 sqft
  • 1 Bed
  • 1 Bath
  • 362 sqft

$674,000

Original price: $690,000
Est. Mortgage $4,526/mo*
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Local Information

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Commute Destination

Description

Indulge in the ultimate Miami lifestyle at THE ELSER condo hotel! With its sleek design, luxurious amenities, and breathtaking views of the city skyline and ocean, this is more than just a residence - it's a statement of modern living. Whether you're seeking a permanent home or an upscale getaway, THE ELSER offers a stunning place to live where every day feels like a vacation.

Home Highlights

Parking
Garage
Outdoor
No Info
View
Bay, Ocean
HOA
$400/Monthly
Price/Sqft
$1,862
Listed
58 days ago

Home Details for 398 NE 5th St #2316

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Living Room, Kitchen
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 362 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer, Electric Water HeaterDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Gas & Electric
No Electric on Property
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Stories: 47Number of Stories: 47Levels: 47.00ElevatorFloors: Other
View
Has a ViewView: Bay, Ocean
Security
Security: Doorman, Key Card Entry, Lobby

Exterior Features

Exterior Home Features
Exterior: Open BalconyNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 1Parking: Assigned
Pool
Pool: Community
Frontage
Waterfront: NoneNot on Waterfront

Days on Market

Days on Market: 58

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Hotel/Motel
Building
Construction Materials: CBSIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 0141370785200

Price & Status

Price
List Price: $674,000Price Per Sqft: $1,862
Status Change & Dates
Possession Timing: Close Of Escrow, Funding

Active Status

MLS Status: Active

Media

See Virtual Tour

Location

Direction & Address
City: MiamiCommunity: The Elser

Agent Information

Listing Agent
Listing ID: RX-10964281

Building

Building Area
Building Area: 362 Square Feet
Community rooms
Fitness Center

Community

Community Features: Business Center, Cabana, Elevator, Fitness Center, Sauna

HOA

HOA Fee Includes: Common AreasAssociation for this Listing: Beaches MLSHas an HOAHOA Fee: $400/Monthly

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5%
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: Min Days to Lease: 1

Miscellaneous

Mls Number: RX-10964281Water ViewWater View: Bay, Ocean

Additional Information

Business CenterCabanaElevatorSauna
Last check for updates: about 18 hours ago
Listing courtesy of Ana Armua, (954) 225-2979
Re/Max Rex
Marjorie Arauz, (561) 695-8925
Re/Max Rex
Originating MLS: Beaches MLS
Source: BeachesMLS, MLS#RX-10964281

Price History for 398 NE 5th St #2316

DatePriceEventSource
04/15/2024$674,000PriceChange
BeachesMLS #RX-10964281
04/01/2024$690,000PriceChange
BeachesMLS #RX-10964281
02/29/2024$720,000Listed For SaleBeachesMLS #RX-10964281
02/20/2024ListingRemovedMIAMI #A11528767
02/06/2024$750,000Listed For SaleMIAMI #A11528767
02/02/2024ListingRemovedMIAMI #A11479151
11/02/2023$750,000Listed For SaleMIAMI #A11479151

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Property Taxes and Assessment

Year2023
Tax$9,921
Assessment$482,600
Home facts updated by county records

Comparable Sales for 398 NE 5th St #2316

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
398 NE 5th St #2102, Miami, FL
0.01
Condo
$675,000
05/11/23
1
1
430
398 NE 5th St #2303, Miami, FL
0.01
Condo
$692,600
06/22/23
1
1
439

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • 7fbzchx2pt
    "Not a place to raise kids. It’s a fast pace very busy full of traffic and adults life……………………………………."
    0
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  • Trulia User
    "Worst traffic commute in Miami. Takes up 15 to 30 mins to travel 1 mile. If you catch the bridge, add 15 additional mins and say a prayer. "
    0
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  • Trulia User
    "Edgewater is the best location is you are someone that need to drive to many places in Miami. Is central, and everything cool happened near to the area. Is growing very fast, new stuff are always happening, but is not a family neighborhood "
    1
    Flag
  • Trulia User
    "This area is Perfect to young peoples. Not families. You have to many outdoor activities to do in the area. "
    0
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  • Trulia User
    "Bayside park is full of playful, friendly and beautiful dogs! Very friendly and very calming for pet parents and/ or regular people without pets "
    0
    Flag
  • Trulia User
    "It’s a great area to live because is near to all the entertainment and new things coming to Miami. Restaurants, disco and shows "
    0
    Flag
  • Trulia User
    "I have lived in this area for about four years now. It is central and dog friendly but not the cleanest or safest."
    5
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  • Trulia User
    "parents should know that there are gangs and other delinquency in allapattah. Also drug and alcohol use is very common among many children in allapattah. "
    0
    Flag
  • Trulia User
    "Good community a lot familiar people with the dogs walking a lot of homeless but not be afraid of in general good place to live "
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  • Trulia User
    "Metromover and metrorail make easier to use public transportation ..................................."
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  • Trulia User
    "The most fun museum of Miami are in this neighborhood , parks and water views. A lot of traffic but good public transport"
    0
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  • Trulia User
    "Dog owners are not very considerate of others here. Dogs often deficate on sidewalks and leave it. Dogs are often unleashed. "
    0
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  • Trulia User
    "There are some activities that are fun.. free yoga at bayfront, ultra brings a lot of money to the city which I don’t mind! There should be more family, fitness events "
    0
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  • Trulia User
    "No parks, not ideal for families or young children. There are parks but its a millennial neighborhood "
    0
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  • Trulia User
    "Great neighborhood. Love Margaret park. Many options for restaurants, very active place. Close to everything "
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  • Jamila M.
    "Excellent walkability and free People Mover to keep you in the loop. Traffic is not too bad and there is a real sense of community."
    1
    Flag
  • Anabella P.
    "Everything that is entertainment in Miami happens in downtown. There’s theaters, museum, wynwood , restaurants everything "
    3
    Flag
  • Autumn M.
    "The Bayside skate roller skating events and concerts and sports and fireworks and the fall book fair "
    0
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  • Genesisastorga19
    "It is good , expensive and busy . Night life is near by and everything is close as well . Young people mainly and some old ones . Police is always around and also low class people because overtown is right around the corner . There are a lot of homeless people around as wel . Venesian causeway is 2 blocks away . You can skate and ride bikes , run and fish . There is a lot of People around . "
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  • Daniel R.
    "I live four minutes away from brickell, which is where I work but without the brickell prices. It is very convenient."
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  • Daniel R.
    "Easy access to public transportation but not needed if you work in downtown or Brickell as all basics are in walking distance or you can use metro-rail, also, access to I-95 is less than 5 minutes away from any point in downtown. "
    3
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  • Arianna R.
    "Dogs everywhere literally dog heaven. I’d highly recommend this area to dog owners! It’s phenomenal "
    0
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  • Carene G.
    "I live downtown because I work downtown... the prices are not worth it if you don’t have to be down here. "
    0
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  • Gina I.
    "I love In the neighborhood for 2 years and love it , nice neighbors, park, gyms, dog friendly and Whole Foods market "
    13
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  • Unspecified
    "we needs dogs park in this area. some times park are so crowded and dogs have limited space. In my opinion! "
    0
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  • Marta C.
    "American Airlines Arena Perez Museum Adrienne Arsh Center Brickell City Center Science Museum Movie theaters"
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  • Oleg G.
    "Multicultural ; abundance of food styles and new, full of amenities buildings. Access to highway; short distance to the beach and amazing nightlife !)"
    6
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  • Trulia User
    "beautiful views, but access to parks can be limited. the city often rents out the main park in the area, bayfront so it’s not available to the public, leaving museum park to be the only option. "
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  • Rrivera R.
    "Firework displays from our view When it is completed on the beach area or baseball stadium. Downtown is slowly but Shirley picking up, although lots of traffic, the city is trying to create problem-solving options."
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  • Cyril M. P.
    "The elevators are bad for dog owners and most of the buildings do not accept big dogs like my Belgium shepherd. It is hard to find a nice apartment that takes a dog bigger than 30 pounds. "
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  • Wife
    "None whatsoever. This place is dirty, no respect for the neighbors , for people that live here. Always some party going on at the parks so it’s almost never available for the residents. And if it is it’s dirty and messed up. "
    1
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  • Megan H.
    "I love living downtown. It’s walkable to so many places and close by car to literally everything. It’s also gritty and up and coming which is important to me - it adds character and a sense of home for me. If you like urban, a little gritty, and totally walkable this is the best place in Miami by far. "
    11
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  • Olgathompson11
    "I see dog walkers all the time and most pick up after them. Dog park near by and most places are dog friendly."
    0
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  • Dorkyglasses G.
    "It's a mix of eclectic people. Love the convenience of walking everywhere. With the years, there's more to do, more to see, and great things to discover all within walking distance from where one lives. Glad to be back in downtown. "
    4
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  • Maria G.
    "We have lived in the area for 3 years now and love it. It’s great to be around things to do, going against traffic, and doggy friendly places everywhere"
    0
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  • Tetteh.d
    "The aroma of vibrant lively scenery is enticing for new tourism and social gathering. Downtown Miami is where ‘it’s @‘. "
    4
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  • Bradley A.
    "Everywhere i dog friendly, even can bring inside of cafes and whole foods, pretty sure that’s not legal but it’s allowed"
    0
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  • Ivan A. P.
    "Downtown Miami is the heart of this city, It has its ugly things but I think every big city has those, it is full of diversity what nourishes and changes perspectives when you get to meet the pathways people have gone through, It’s my place."
    2
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  • Ivan A. P.
    "There’s always something to do or to see. Downtown is the heart of the city, the neighborhood that unite the luxurious with the artistic, the different cultures and the different realities, the good, the bad and the ugly of Miami, and of USA in general. It’s all wrapped in Downtown."
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LGBTQ Local Legal Protections

Ana Armua, Re/Max Rex
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
398 NE 5th St #2316, Miami, FL 33132 is a 1 bedroom, 1 bathroom, 362 sqft condo built in 2022. 398 NE 5th St #2316 is located in Downtown, Miami. This property is currently available for sale and was listed by BeachesMLS on Feb 29, 2024. The MLS # for this home is MLS# RX-10964281.