3 months on rocket

398 NE 5th St Unit 1617, Miami, FL, 33132

$1,400,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,040 SqFt
$1,346/SqFt
Condo

Location

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398 NE 5th St Unit 1617, Miami$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space, Garage Door Opener
Garage1 space
Year Built2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11634721
StatusActive

About 398 NE 5th St Unit 1617

The Elser Residences and Hotel : New Construction, FULL FURNISHED 3 Hab + 3Bath -Balcony -waterfron ,City skyline Location Location ,Magnetic and Magical stree .Enjoy acces to well appointed ameneties and direct proximity to world -class entertainment ,arts. mantenance fee .Can be rented tru hotel . Airbnb permitted.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Martha Ledesma Guevara

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile
  • Interior: First Floor Entry, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 1617
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Frederick R. Douglass Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $1,346/SqFt

HOA Fees:

  • Amount: $1040
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

398 NE 5th St Unit 1617 vs Miami

94 DAYS ON ROCKET

+34 Days

$1,400,000

+$839.5K More

$1,346/SqFt

+$956 More

KEY TAKEAWAY

This property is $839.5K more than the Median Sold Price and $956/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11634721

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Martha Ledesma Guevara

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,095

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2026910
2
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2026911
1
/10
  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-2026912
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.10 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 1617

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 1617 property is $1,400,000.

What type of property is this?

The property 398 NE 5th St Unit 1617 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 1617 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 398 NE 5th St Unit 1617 are:
Frederick R. Douglass Elementary School: GreatSchools Rating 2/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 1617 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 398 NE 5th St Unit 1617 is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 1617 is 2022.

Rocket HomesFloridaMiami-Dade CountyMiami33132398 NE 5th St Unit 1617

This home is located at 398 NE 5th St Unit 1617 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,040 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $1,400,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. In October 2024 median list price was $560,436 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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