11 months on rocket

398 NE 5th St Unit 2804, Miami, FL, 33132

$745,000

Home List Price

$8,847*

Closing Credit

1 Bedroom
1 Full Bath
443 SqFt
$1,682/SqFt
Condo

Location

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398 NE 5th St Unit 2804, Miami$745,000

Buyer Closing Credits

$8,847*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Year Built2022
HeatingElectric
CoolingElectric
WaterfrontBay Front
ViewBay, City, Intercoastal
MLS #A11501823
StatusActive

About 398 NE 5th St Unit 2804

Discover The Elser Residence 2804, a cultivated residence created for exceptional vibrant living, mindful and sophisticated designs pair perfectly with floor to ceiling views of Biscayne Bay and Downtown Miami, created for modern living. The Elser Hotel Residences Miami offers a choice for every need. Discover a wealth of curated amenities meant for recreation, relaxation and inspiration.Within the many attributes, owners may rent the properties daily for better income returns. Units offer ceiling height with floor to ceiling windows, Ecobee smart thermostat, Smart keyless entry, and much more. With access to an abundance of well- appointed amenities and direct proximity to world-class entertainment, arts, and dining, The Elser Hotel and Residences offers a lively, dynamic lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 443 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Bento Queiroz

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Eat-in Kitchen, First Floor Entry, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, City, Intercoastal
  • Exterior: Security/High Impact Doors

Parking Information:

  • Parking: Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 2804
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $745,000
  • Price Per SqFt: $1,682/SqFt

HOA Fees:

  • Amount: $505
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

398 NE 5th St Unit 2804 vs Miami

339 DAYS ON ROCKET

+279 Days

$745,000

+$184.5K More

$1,682/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $184.5K 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: #A11501823

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Bento Queiroz

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: 11/22/2024, 3:20:48 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

$4,291

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,300

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NMLS#3030

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-506988
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-506989
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-506990
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.90 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. 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 2804

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 2804 property is $745,000.

What type of property is this?

The property 398 NE 5th St Unit 2804 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 2804 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 2804 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 398 NE 5th St Unit 2804 is 443 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 2804 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 2804

This home is located at 398 NE 5th St Unit 2804 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 443 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $745,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. 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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