Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 560 sq ft
Active · Condominium
$674,999
398 NE 5th Street 4015, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living area
- 560 sq ft
- $ / sq ft
- $1,205/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $2,583
- Annual tax
- —
About this property
Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.
Property location
Get Directions398 NE 5th Street 4015, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,583
- County
- Miami-Dade
- MLS listing ID
- B26010042
- 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
-$4,668
- Cap rate
- -2.6%
- Net yield
- -2.6%
- Cash-on-cash return
- -29.6%
- Gross yield
- 5.1%
- Mortgage payment
- $3,200/mo
- Down payment
- $168,750
- Loan amount
- $506,249
- Annual NOI
- -$17,615
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.