398 Northeast 5th Street, Unit 2112

Miami, FL 33132

$725,000
Price
Beds
1
Bath
341 Sq. Ft.
$2,126 / Sq. Ft.
341
Sq. Ft.
$2,126
per Sq. Ft.

Description

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet...Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.
  1. Listed by Mirtha Garcia • Damar Florida Real Estate

Property Details for 398 Northeast 5th Street, Unit 2112

Subdivision
MAP OF MIAMI DADE CO. FL.
Complex Name
The Elser
Style
Condo-Hotel
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay
Unit View
Bay
Area
41
LISTING UPDATED: 12/09/2024 04:00 PM

Property Details for 398 Northeast 5th Street, Unit 2112

StatusActive
MLS #A11692040
Days on Market16
Taxes$9,820 / year
HOA Fees$445 / month
Condo/Co-op Fees-
Compass TypeOther
MLS TypeCondo/Co-Op/Villa/Townhouse / Hotel
Year Built2022
Lot Size-
CountyMiami-Dade County

Building Information for 398 Northeast 5th Street, Unit 2112

Stories49Residences-Year Built2022Lot Size-

Property Information for 398 Northeast 5th Street, Unit 2112

Location Information
Location Information
  • Parcel Number Free Text: 01-41-37-078-3820
  • Parcel Number MLX: 3820
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 37
  • Subdivision Number: 78
  • Subdivision Complex Bldg: The Elser
  • Unit Floor Location: 21
  • Total Floors In Building: 49
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Valet Parking
General Information
  • Housing Older Persons Act: Verified
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Condominium
  • Unit Design: High Rise, Lobby
  • Water Access: Other
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Elevator Secure, Fire Alarm, Lobby Secured
Room Information
Room Information
  • Bedroom Description: Studio
  • Master Bathroom Description: Shower Only
  • Master Bath Features: Shower Only
Additional Property Information
Utilities
  • Heating Description: Electric 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: First Floor Entry
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Elevator, Fire Alarm, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Windows Treatment: Impact Glass
  • Exterior Features: Open Balcony
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Elevator, Hot Water, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Pool Service, Security
  • Amenities: Elevator, Exercise Room, Exterior Lighting, Heated Pool, Pool, Sauna, Spa/Hot Tub
  • Storm Protection: Complete Impact Glass
Financial Information
Financial Information
  • Total Mortgage: $370,850
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Rent Information
  • Approval Information: 3-4 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 398 Northeast 5th Street, Unit 2112

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 2112

Taxable ValueLand-Additions-Total-
Tax Record2023$9,573 ($798 / month)
Home Facts
Beds0Total Finished SqFt341 SqFtAbove Grade Finished SqFt341 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-3820

Schools near 398 Northeast 5th Street, Unit 2112

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 2112 is for sale in Miami, FL 33132. This property was listed for sale on December 9, 2024 by Damar Florida Real Estate, it's currently listed at $725,000. It has been on the market for a total of 16 days and was last sold on November 29, 2023. 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 2112 is a 0-bed, 1-bath, 341 sqft 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 Damar Florida Real Estate

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.