Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 818 sq ft
Active · Condominium
$1,449,000
398 NE 5th St 1811, Miami, FL 33132
- Beds
- 2
- Baths
- 2
- Living area
- 818 sq ft
- $ / sq ft
- $1,771/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $1,342
- Annual tax
- —
About this property
Experience elevated living at The Elser Residences in this beautifully appointed 2-bed, 2-bath residence. Thoughtfully designed with breathtaking Biscayne Bay and Downtown Miami views, this home features 9’2” ceilings, floor-to-ceiling impact windows, smart keyless entry, and an Ecobee smart thermostat for ultimate comfort. The open layout blends modern style with everyday functionality. Residents enjoy a collection of curated amenities, a vibrant lifestyle, and unmatched access to Miami’s top dining, entertainment, and cultural destinations. A rare opportunity to own a sophisticated, turn-key home in one of Miami’s most desirable buildings.
Property location
Get Directions398 NE 5th St 1811, 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
- $1,342
- County
- Miami-Dade
- MLS listing ID
- A11910584
- 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
-$6,439
- Cap rate
- 0.4%
- Net yield
- 0.4%
- Cash-on-cash return
- -19.0%
- Gross yield
- 4.5%
- Mortgage payment
- $6,869/mo
- Down payment
- $362,250
- Loan amount
- $1,086,750
- Annual NOI
- $5,158
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.