Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 626 sq ft
Active · Condominium
$930,000
398 NE 5th St 2119, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living area
- 626 sq ft
- $ / sq ft
- $1,486/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $963
- Annual tax
- —
About this property
Beautifully furnished 1-bedroom at The Elser, located on the 21st floor with expansive urban views of Downtown Miami. Ideal for investors or end-users, this unit allows short-term rentals, long-term leases, or full-time living. Modern finishes include porcelain floors, premium appliances, in-unit washer/dryer, and smart keyless entry. The building offers resort-style amenities: a 132-ft pool, state-of-the-art fitness center, co-working spaces, and 24/7 concierge. Located steps from Miami’s top dining, entertainment, and cultural destinations. Virtual tour available. Easy to show. Directly across from Bayside Marketplace and Kaseya Center, and within walking distance to the future Miami Worldcenter, Brightline Station, and Bayfront Park. The Elser is at the epicenter of growth and tourism.
Property location
Get Directions398 NE 5th St 2119, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $963
- County
- Miami-Dade
- MLS listing ID
- A11780074
- 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
-$4,071
- Cap rate
- 0.4%
- Net yield
- 0.4%
- Cash-on-cash return
- -18.8%
- Gross yield
- 4.8%
- Mortgage payment
- $4,409/mo
- Down payment
- $232,500
- Loan amount
- $697,500
- Annual NOI
- $4,051
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.