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$740,000

398 NE 5th St # 3204, Miami FL 33132

0  beds
1  baths
443  sqft
Condominium
Built in 2022
$1,670/sqft
$681/mo HOA
28 days on market

About this property

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!

Interior Details

Bedrooms & bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Heating & cooling

  • Heating: Other
  • Cooling: Central Air

Features

  • Flooring: Tile
  • Door Features: High Impact Doors

Extras

  • Appliances: Microwave
  • Security & Smart Features: Doorman, Elevator Secure
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 1
  • Parking features: Valet, Limited # Of Vehicle

Features

  • Exterior features: Other, Open Balcony

Public Info

  • Interior Livable Area: 443 sqft
  • Year Built: 2022
  • APN: 01-41-37-078-1210
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $11,417
  • Tax Year: 2025

HOA Details

  • Has HOA: Yes
  • Amenities included: Business Center, Exercise Room
  • HOA fee: $681/mo
  • Application fee: $150
  • Pet fee: $0

Price History

3/28/2025 Listed for Sale
Source: Miami REALTORS®
$740,000
$1,670/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$5,719
Principal & Interest $3,840
Property Taxes $951
Home Insurance $247
HOA Fees $681

Walk Score

Walk Score
96
Walk Score®
Walker's Paradise
Transit Score
99
Transit Score®
Rider's Paradise
Full Walk Score
Bike Score
77
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.