5 months on rocket

398 NE 5th St Unit 2908, Miami, FL, 33132

$750,000

Home List Price

$8,906*

Closing Credit

1 Bedroom
1 Full Bath
430 SqFt
$1,744/SqFt
Condo

Location

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398 NE 5th St Unit 2908, Miami$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Year Built2022
HeatingElectric
CoolingElectric
ViewOther
MLS #A11597658
StatusActive

About 398 NE 5th St Unit 2908

The Elser, a refined residence created for exceptional and vibrant living. Sophisticated designs within an incomparable location in downtown Miami, created to enjoy a modern life. Discover a host of curated services aimed at recreation, relaxation and inspiration. Units offer ceiling height with floor-to-ceiling windows, Ecobee smart thermostat, smart keyless entry and much more. With access to a variety of well-equipped services and Close proximity to world-class entertainment, arts and dining venues, The Elser Hotel and Residences offers a lively and dynamic. Walking distance to Miami's world-class entertainment, arts, shopping, and dining. Daily rentals to assure an income monthly income.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 430 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Valdemar Burdman

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Skylights

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony

Parking Information:

  • Parking: Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 2908
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $1,744/SqFt

HOA Fees:

  • Amount: $750
  • 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 2908 vs Miami

168 DAYS ON ROCKET

+108 Days

$750,000

+$189.5K More

$1,744/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $189.5K more than the Median Sold Price and $1.3K/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: #A11597658

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Valdemar Burdman

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, 11:20:49 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

$4,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1348855
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-1348856
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-1348857
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. The most common annual income of people living in Miami, FL is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 2908

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 2908 property is $750,000.

What type of property is this?

The property 398 NE 5th St Unit 2908 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 2908 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 2908 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 398 NE 5th St Unit 2908 is 430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 2908 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 2908

This home is located at 398 NE 5th St Unit 2908 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 430 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 09, 2024 and is currently priced at $750,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while 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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