Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 665 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, Walk In Closets, Bar
Active · Condominium
$958,800
398 NE 5th St 1614, Miami, FL 33132
- Beds
- 1
- Baths
- 2
- Living area
- 665 sq ft
- $ / sq ft
- $1,442/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $665 Monthly
- Annual tax
- $0
About this property
The Elser Hotel and Residences will offer a lively, dynamic lifestyle for tastemakers of every stripe. Enjoy access to world-class entertainment, arts, and dining. It allows short and long term rental. LOCATION! Inverstors, this is your opportunity. Bay and skyline view. This unit is ready to start generating you income.
Property location
Get Directions398 NE 5th St 1614, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
- Stories
- 47
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Barbecue, Security High Impact Doors, Patio
- Pool
- Association, Heated
- Waterfront
- Ocean Front
- View
- Bay
Parking
- Garage spaces
- 0
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $665 Monthly
- Fee inclusions
- Common Areas, Cable Tv, Hot Water, Insurance, Internet, Maintenance Structure, Pools, Roof, Sewer, Security, Trash, Water
- Amenities
- Fitness Center, Pool, Elevators
- Security
- Security Guard
- Pets allowed
- No, Yes
- Annual tax
- $0
- Subdivision
- 78
- County
- Miami-Dade
- Days on market
- 927
- MLS listing ID
- A11452466
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,319
- Cap rate
- 2.8%
- Net yield
- 2.8%
- Cash-on-cash return
- -10.4%
- Gross yield
- 4.8%
- Mortgage payment
- $4,545/mo
- Down payment
- $239,700
- Loan amount
- $719,100
- Annual NOI
- $26,715
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.