398 NE 5th St 3017, Miami, FL 33132 — MLS photo

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398 NE 5th St 3017, Miami, FL 33132

Active · Condominium

$1,299,000

398 NE 5th St 3017, Miami, FL 33132

Beds
2
Baths
3
Living area
1,043 sq ft
$ / sq ft
$1,245/sq ft
Year built
2022
Lot size
—
HOA fee
$4,812
Annual tax
—

About this property

Experience Luxury Living At The Elser Condo Hotel! This Fully Furnished 2-Bedroom + Den, 3-Bath Residence Offers Stunning Modern Design, A Spacious Open Layout, And Floor-To-Ceiling Windows. Enjoy A Gourmet Kitchen With High-End Appliances, In-Unit Laundry, And Designer Finishes Throughout. Perfect For Short- Or Long-Term Stays With Resort-Style Amenities Including Pool, Gym, Bar, And Concierge Services. Prime Downtown Miami Location—Just Minutes From Bayside, Kaseya Center, And The Best Of City Living! Quarterly Monthly Maintenance is $4811.95

Property location

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398 NE 5th St 3017, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,043 sq ft

Exterior & Structure

Property type
Condominium
Year built
2022

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,812
County
Miami-Dade
MLS listing ID
A11899087
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

-$8,879

Cap rate
-2.5%
Net yield
-2.5%
Cash-on-cash return
-29.3%
Gross yield
5.0%
Mortgage payment
$6,158/mo
Down payment
$324,750
Loan amount
$974,250
Annual NOI
-$32,658

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