398 NE 5th St 4415, Miami, FL 33132 — MLS photo

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398 NE 5th St 4415, Miami, FL 33132

Active · Condominium

$760,000

398 NE 5th St 4415, Miami, FL 33132

Beds
1
Baths
1
Living area
560 sq ft
$ / sq ft
$1,357/sq ft
Year built
2022
Lot size
—
HOA fee
$2,394
Annual tax
—

About this property

This unit is a real 1bed/1bath 560 Sq. Ft'. Enjoy the captivating views of the Biscayne Bay overlooking the stunning Miami Downtown skyline. The Elser Residences is in a superb market location steps-away from entertainment, art, culture, cuisine, and history, shopping, and dining abound in the trendy downtown Miami. Just minutes from beaches. located across the Kaseya Center, the arena home to the Miami Heat. Fully furnished and equipped gourmet kitchen Enjoy a plethora of lifestyle features for leisure, for fun and to add sparkle to your everyday life.

Property location

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398 NE 5th St 4415, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
560 sq ft

Exterior & Structure

Property type
Condominium
Year built
2022

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,394
County
Miami-Dade
MLS listing ID
A11856595
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

-$4,855

Cap rate
-2.0%
Net yield
-2.0%
Cash-on-cash return
-27.4%
Gross yield
4.9%
Mortgage payment
$3,603/mo
Down payment
$190,000
Loan amount
$570,000
Annual NOI
-$15,030

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