398 Northeast 5th Street, Unit 4012

Miami, FL 33132

$625,000
Price
Studio
Beds
1
Bath
341 Sq. Ft.
$1,833 / Sq. Ft.
341
Sq. Ft.
$1,833
per Sq. Ft.

Description

The new condo-hotel approved for Airbnb rentals. A thoughtfully designed studio featuring sleek finishes, open layouts, and large windows that bathe the space in natural light. Breathtaking bay & city views. Top-notch amenities, including a rooftop pool, cocktail bar, multi-level fitness center, kids room, and concierge services. Strategically positioned in the bustling Downtown Miami, guests can enjoy proximity to cultural attractions, dining, entertainment, and easy access to major transit hubs....The new condo-hotel approved for Airbnb rentals. A thoughtfully designed studio featuring sleek finishes, open layouts, and large windows that bathe the space in natural light. Breathtaking bay & city views. Top-notch amenities, including a rooftop pool, cocktail bar, multi-level fitness center, kids room, and concierge services. Strategically positioned in the bustling Downtown Miami, guests can enjoy proximity to cultural attractions, dining, entertainment, and easy access to major transit hubs. With the increasing demand for short-term rentals in the area, this studio presents an excellent opportunity for Airbnb income.
  1. Listed by Mikhail MudrIk • The Agency Florida LLC

Property Details for 398 Northeast 5th Street, Unit 4012

Subdivision
The Elser
Complex Name
The Elser
Style
Condo-Hotel
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay, Other View
Unit View
Bay, Other View
Furnished
Furnished

Location

Listing Courtesy of The Agency Florida LLC
Add your commute
LISTING UPDATED: 04/26/2024 04:32 PM

Property Details for 398 Northeast 5th Street, Unit 4012

StatusActive
MLS #A11543928
Days on Market54
Taxes$10,665 / year
HOA Fees$375 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2022
CountyMiami-Dade County

Location

Listing Courtesy of The Agency Florida LLC
Add your commute

Building Information for 398 Northeast 5th Street, Unit 4012

Building/ComplexThe ElserFloor40Stories47Residences-Pet Policy-Year Built2022

Payment Calculator

$4,675 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$889

HOA Dues

$375

The Payment Calculator is for illustrative purposes only.

Property Information for 398 Northeast 5th Street, Unit 4012

Location Information
Location Information
  • Parcel Number Free Text: 01-41-37-078-4010
  • Parcel Number MLX: 4010
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 37
  • Subdivision Number: 78
  • Subdivision Complex Bldg: The Elser
  • Unit Floor Location: 40
  • Total Floors In Building: 47
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Valet Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Other
  • Unit Design: High Rise, Other
  • Water Access: Other
  • Construction: Concrete Block With Brick
  • Construction Type: Concrete Block With Brick
  • Flooring: Parquet Floors, Tile Floors
  • Floor Description: Parquet Floors, Tile Floors
  • Security Information: Doorman, Elevator Secure, Other Security
Room Information
Room Information
  • Bedroom Description: Studio
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Furnished: Furnished
  • Interior Features: Other Interior Features
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Elevator, Fire Alarm, Microwave, Other Equipment/Appliances, Refrigerator, Smoke Detector, Washer
  • Exterior Features: Open Balcony
  • Maintenance Includes: Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Internet/WiFi, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Pool Service, Security, Sewer, Trash Removal, Water
  • Amenities: Child Play Area, Clubhouse-Clubroom, Elevator, Exercise Room, Other Amenities, Pool, Sauna, Spa/Hot Tub
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Homestead Tax
  • Special Information: As Is
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 398 Northeast 5th Street, Unit 4012

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 398 Northeast 5th Street, Unit 4012

Taxable ValueLand-Additions-Total-
Tax Record2023$10,131 ($844 / month)
Home Facts
Beds0Total Finished SqFt341 SqFtAbove Grade Finished SqFt341 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-4010

Schools near 398 Northeast 5th Street, Unit 4012

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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398 Northeast 5th Street, Unit 4012 is a condo for sale in Miami, FL 33132. This property was listed for sale on March 5, 2024 by The Agency Florida LLC, it's currently listed at $625,000. This listing's school district is Miami-Dade. Nearby schools include Frederick R. Douglass Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 398 Northeast 5th Street, Unit 4012 is a 0-bed, 1-bath, 341 sqft condo built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Agency Florida LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.