398 NE 5th St 1417, Miami, FL 33132 — MLS photo

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398 NE 5th St 1417, Miami, FL 33132

Active · Condominium

$1,338,000

398 NE 5th St 1417, Miami, FL 33132

Beds
3
Baths
3
Living area
1,040 sq ft
$ / sq ft
$1,287/sq ft
Year built
2022
Lot size
—
HOA fee
$1,040
Annual tax
—

About this property

The Elser Residences and Hotel : New Construction, FULL FURNISHED STUDIO -Balcony -waterfron ,City skyline Location Location ,Magnetic and Magical stree .Enjoy acces to well appointed ameneties and direct proximity to world -class entertainment ,arts. mantenance fee .Can be rented tru hotel.

Property location

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398 NE 5th St 1417, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,040 sq ft

Exterior & Structure

Property type
Condominium
Year built
2022

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,040
County
Miami-Dade
MLS listing ID
A11452652
Listing status
Active

Investment intelligence

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

-$5,285

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-16.9%
Gross yield
5.0%
Mortgage payment
$6,343/mo
Down payment
$334,500
Loan amount
$1,003,500
Annual NOI
$12,694

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.