Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 509 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Electric
- Interior features
- Bedroom On Main Level, Other
Active · Condominium
$1,050,000
398 NE 5th St 2910, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living area
- 509 sq ft
- $ / sq ft
- $2,063/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $567 Monthly
- Annual tax
- $15,589
About this property
WELCOME TO THE ELSER HOTEL & RESIDENCES, WHERE LUXURY MEETS LIFESTYLE IN THE HEART OF DOWNTOWN MIAMI. THIS EXCLUSIVE ROW 10 CONDO OFFERS AN UNPARALLELED LIVING EXPERIENCE WITH RESORT-STYLE AMENITIES, BREATHTAKING VIEWS, AND DESIGNER FINISHES THROUGHOUT. STEP INTO A WORLD OF SOPHISTICATION WITH FULLY FURNISHED, TURNKEY RESIDENCES THAT FEATURE MODERN OPEN LAYOUT, FLOOR TO CEILING WINDOWS, SMART HOME TECHNOLOGY AND A PRIVATE BALCONY SHOWCASING PANORAMIC VIEW OF BISCAYNE BAY. WORLD CLASS AMENITIES INCLUDING ROOFTOP INFINITY POOL, CABANAS, FITNESS CENTER, YOGA STUDIO, AND WELLNESS LOUNGE, SPA, CONFERENCE ROOMS, AND CO WORKING SPACES . WHETHER YOU ARE SEEKING A PRIMARY HOME OR AN INCOME - GENERATING PROPERTY THROUGH SHORT TERM RENTAL FLEXIBILITY, THE ELSER OFFERS THE ULTIMATE MIAMI LIFESTYLE.
Property location
Get Directions398 NE 5th St 2910, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
- Stories
- 47
- Architectural style
- Other
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Other
- Pool
- Association
- Waterfront
- Ocean Front
- View
- Ocean
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $567 Monthly
- Fee inclusions
- Cable Tv, Other, Water
- Amenities
- Business Center, Fitness Center, Other, Pool
- Security
- Intercom, Key Card Entry, Lobby Secured, Smoke Detectors
- Pets allowed
- Conditional, Yes
- Annual tax
- $15,589
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- County
- Miami-Dade
- Days on market
- 528
- MLS listing ID
- A11780322
- 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
-$4,033
- Cap rate
- 1.1%
- Net yield
- 1.1%
- Cash-on-cash return
- -16.5%
- Gross yield
- 4.3%
- Mortgage payment
- $4,978/mo
- Down payment
- $262,500
- Loan amount
- $787,500
- Annual NOI
- $11,340
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.