Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 443 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Elevator, Walk In Closets, Bar
Active · HotelMotel
$729,800
398 NE 5th St 4006, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living area
- 443 sq ft
- $ / sq ft
- $1,647/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $150 Quarterly
- Annual tax
- $11,995
About this property
THE ELSER Hotel & Residences. BRAND NEW! OCEAN view unit excellent location in the heart of Downtown Miami. Italian kitchen, quartz counter, Fully furnished & equipment, Resort style amenities, Co working spaces, Sky entertainment Lounge & more to discover. Ready to move to enjoy a Miami lifestyle
Property location
Get Directions398 NE 5th St 4006, Miami, FL 33132
Loading property location…
Facts & features
Exterior & Structure
- Property type
- HotelMotel
- Year built
- 2022
- Stories
- 47
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Security High Impact Doors
- Pool
- Association, Heated
- Waterfront
- Bayfront
- View
- Ocean
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $150 Quarterly
- Fee inclusions
- Amenities, Common Areas, Cable Tv, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pools, Roof, Sewer, Security, Trash, Water
- Amenities
- Business Center, Clubhouse, Elevators, Fitness Center, Playground, Pool, Spa Hot Tub, Trash
- Security
- Elevator Secured, Key Card Entry, Security Guard, Smoke Detectors
- Pets allowed
- No, Yes
- Annual tax
- $11,995
- Subdivision
- 78
- County
- Miami-Dade
- Days on market
- 631
- MLS listing ID
- A11560900
- Listing status
- Active
Virtual tour
Explore 3D / Virtual TourInvestment 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
-$2,411
- Cap rate
- 1.7%
- Net yield
- 1.7%
- Cash-on-cash return
- -14.2%
- Gross yield
- 4.6%
- Mortgage payment
- $3,460/mo
- Down payment
- $182,450
- Loan amount
- $547,350
- Annual NOI
- $12,579
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.