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398 NE 5th St Unit 2213, Miami, FL, 33132

$589,000

Home List Price

$6,994*

Closing Credit

1 Full Bath
357 SqFt
$1,650/SqFt
Condo

Location

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398 NE 5th St Unit 2213, Miami$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Guest, One Space, Valet
Garage1 space
Year BuiltNew Const., 2022
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontOcean Front
ViewOcean
MLS #A11671243
StatusActive

About 398 NE 5th St Unit 2213

Welcome to luxury living at the Elser Hotel in Downtown Miami! This 22nd-floor ocean-view studio offers a queen-size bed, sofa bed, full kitchen, bathroom, in-unit washer/dryer, and ample closet space. Enjoy top-tier amenities like a huge pool with ocean views and bar service, a state-of-the-art gym, BBQ area, outdoor seating, 24-hour concierge, valet parking, and an on-site restaurant with full bar. Located across from FTX Arena, 5 minutes to the Port of Miami, 10 minutes to Miami Airport, Miami Beach, and Wynwood. Be part of Miami’s booming World Center development, with no rental restrictions to either live there or rent it short-term, AIRBNB. your dream getaway awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 357 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Sebastian Ramirez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Wet Bar, Closet Cabinetry, First Floor Entry, Handicap Access, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Balcony, Barbecue, Courtyard, Deck

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, Guest, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 2213
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $1,650/SqFt

HOA Fees:

  • Amount: $404
  • 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 2213 vs Miami

51 DAYS ON ROCKET

-9 Days

$589,000

+$28.5K More

$1,650/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $28.5K more than the Median Sold Price and $1.2K/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: #A11671243

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Sebastian Ramirez

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: 11/25/2024, 9:20:49 AM 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

$3,411

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

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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.

Nearby Schools

school-card-donut-1318614
7
/10
  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-1318615
3
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-1318616
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.90 miles

  • Public Charter Grades KG-5

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 2213

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 2213 property is $589,000.

What type of property is this?

The property 398 NE 5th St Unit 2213 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 2213 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 2213 has 1 bathroom..

What is the square footage of this property?

The property 398 NE 5th St Unit 2213 is 357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 2213 is 2022.

Rocket HomesFloridaMiami-Dade CountyMiami33132398 NE 5th St Unit 2213

This home is located at 398 NE 5th St Unit 2213 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 357 square foot home was built in 2022. Features: 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $589,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. 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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