398 Northeast 5th Street, Unit 2016

Miami, FL 33132

$580,000
Price
Studio
Beds
1
Bath
362 Sq. Ft.
$1,602 / Sq. Ft.
362
Sq. Ft.
$1,602
per Sq. Ft.

Description

Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic...Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals.
  1. Listed by Federico Nunez • Novel Management, LLC.

Property Details for 398 Northeast 5th Street, Unit 2016

Subdivision
The Elser Hotel
Complex Name
The Elser Hotel
Style
Condo-Hotel
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay, Direct Ocean, Water View
Unit View
Bay, Direct Ocean, Water View
Area
41
LISTING UPDATED: 11/18/2024 04:37 PM

Property Details for 398 Northeast 5th Street, Unit 2016

StatusActive
MLS #A11678176
Days on Market38
Taxes$9,440 / year
HOA Fees$474 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2022
CountyMiami-Dade County

Virtual Tour

Building Information for 398 Northeast 5th Street, Unit 2016

Building/ComplexThe Elser HotelFloor20Stories49Residences-Pet Policy-Year Built2022

Property Information for 398 Northeast 5th Street, Unit 2016

Location Information
Location Information
  • Parcel Number Free Text: 01-41-37-078-5170
  • Parcel Number MLX: 5170
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 37
  • Subdivision Number: 78
  • Subdivision Complex Bldg: The Elser Hotel
  • Unit Floor Location: 20
  • Total Floors In Building: 49
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: Yes
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise
  • Water Access: None
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
  • Security Information: Doorman, Elevator Secure, Lobby Secured
Room Information
Room Information
  • Bedroom Description: Studio
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Closet Cabinetry
  • Equipment Appliances: Circuit Breaker, Dishwasher, Disposal, Dryer, Washer/Dryer Hook-Up, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Exterior Features: High Impact Doors, Open Balcony
  • Maintenance Includes: All Amenities, Cable Tv, Internet/WiFi, Water
  • Amenities: Bar, Bbq/Picnic Area, Child Play Area, Clubhouse-Clubroom, Elevator, Exercise Room, Heated Pool, Pool, Sauna, Trash Chute
Financial Information
Financial Information
  • Total Mortgage: $302,000
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required
Rent Status
  • Other Fees: $150

Property History for 398 Northeast 5th Street, Unit 2016

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 398 Northeast 5th Street, Unit 2016

Taxable ValueLand-Additions-Total-
Tax Record2023$9,342 ($779 / month)
Home Facts
Beds0Total Finished SqFt362 SqFtAbove Grade Finished SqFt362 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-5170

Schools near 398 Northeast 5th Street, Unit 2016

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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398 Northeast 5th Street, Unit 2016 is a condo for sale in Miami, FL 33132. This property was listed for sale on October 17, 2024 by Novel Management, LLC., it's currently listed at $580,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Frederick R. Douglass Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 398 Northeast 5th Street, Unit 2016 is a 0-bed, 1-bath, 362 sqft condo built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Novel Management, LLC.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.