398 NE 5th St #1706
398 NE 5th St #1706 Miami 331321 bedrooms | 1 bathroom | 0 half bath | 443 sqft
$579,000
Property Details
- MLS #
- A11789023
- Unit #
- 1706
- Address
- 398 NE 5TH ST #1706 map
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area (f2)
- 443
- Living Area (M2)
- 41
- Year Built
- 2022
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $494
- Complex
- The Elser
- Days On Market
- 135
- Pool
- Yes
- Pets Allowed
- N/A
- Parking Spaces
- 1
Inquire About this Property
Property Description
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.
Property Amenities
Equipment
- Dishwasher
- Dryer
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Elevator
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 234 NE 3rd St #1805 | 1805 | $249,000 | 1/1 | 685 | 64 | $960 | |
| 450 SW 3rd St #10 | 10 | $250,000 | 1/1 | 555 | 52 | $400 | |
| 111 E Flagler St #603 | 603 | $261,900 | 1/1 | 594 | 55 | $655 | |
| 253 NE 2nd St #213 | 213 | $279,000 | 0/1 | 506 | 47 | $643 | |
| 111 E Flagler St #907 | 907 | $280,000 | 1/1 | 623 | 58 | $686 | |
| 253 NE 2nd St #324 | 324 | $289,000 | 1/1 | 506 | 47 | $642 | |
| 234 NE 3rd St #1105 | 1105 | $295,000 | 1/1 | 685 | 64 | $825 | |
| 50 Biscayne Blvd #3309 | 3309 | $299,000 | 0/1 | 567 | 53 | $601 | |
| 234 NE 3rd St #204 | 204 | $299,000 | 1/1 | 784 | 73 | $786 | |
| 111 E Flagler St #501 | 501 | $299,000 | 2/2 | 850 | 79 | $936 | |
| 253 NE 2nd St #219 | 219 | $300,000 | 1/1 | 506 | 47 | $711 | |
| 234 NE 3rd St #1205 | 1205 | $300,000 | 1/1 | 685 | 64 | $886 | |
| 111 E Flagler St #902 | 902 | $305,000 | 1/1 | 603 | 56 | $665 | |
| 111 E Flagler #702 | 702 | $307,000 | 1/1 | 603 | 56 | $505 | |
| 234 NE 3rd St #1208 | 1208 | $310,000 | 1/1 | 712 | 66 | $600 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 3508 | 08/29/2025 | $550,000 | $589,000 | 1 | 1 | 0 | 5 months |
| 2608 | 08/29/2025 | $470,000 | $475,000 | 2 | 2 | 1,006 | 2 months |
| 815 | 08/28/2025 | $325,000 | $320,000 | 1 | 1 | 651 | 2 months |
| 2106 | 08/27/2025 | $500,000 | $510,000 | 2 | 2 | 930 | 1 month |
| 3803 | 08/25/2025 | $510,000 | $550,000 | 0 | 1 | 439 | 2 months |
| 2215 | 08/18/2025 | $505,000 | $560,000 | 2 | 2 | 1,129 | 3 months |
| T-1403 | 08/12/2025 | $310,000 | $335,000 | 1 | 1 | 544 | 1 month |
| 1208 | 08/11/2025 | $365,000 | $375,000 | 1 | 1 | 736 | 2 months |
| 2502 | 08/11/2025 | $600,000 | $697,000 | 2 | 2 | 1,385 | 4 months |
| 3501 | 08/05/2025 | $560,000 | $599,000 | 2 | 2 | 1,093 | 3 months |
| 4609 | 07/31/2025 | $300,000 | $323,000 | 0 | 1 | 567 | 6 months |
| 2709 | 07/31/2025 | $460,000 | $525,000 | 1 | 1 | 679 | 5 months |
| 3703 | 07/30/2025 | $807,500 | $875,000 | 2 | 2 | 1,363 | 2 months |
| PH-3902 | 07/25/2025 | $1,200,000 | $1,350,000 | 3 | 3 | 1,955 | 2 months |
| 3707 | 07/24/2025 | $460,000 | $499,000 | 1 | 1 | 442 | 8 months |
| 2403 | 07/23/2025 | $425,000 | $450,000 | 0 | 1 | 505 | 8 months |
| 4105 | 07/23/2025 | $480,000 | $509,000 | 0 | 1 | 442 | 1 month |
| 3319 | 07/22/2025 | $471,528 | $485,000 | 2 | 2 | 1,036 | 2 months |
| 2911 | 07/19/2025 | $335,000 | $339,000 | 1 | 1 | 651 | 7 months |
| T-3507 | 07/18/2025 | $422,500 | $430,000 | 1 | 1 | 733 | 3 weeks |
https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Related ISG Realty, LLC.
Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
