22 days on rocket

398 NE 5th St Unit 3610, Miami, FL, 33132

$975,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
509 SqFt
$1,916/SqFt
Condo

Location

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398 NE 5th St Unit 3610, Miami$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Space, Valet
Attached Garage1 space
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Bridge
ViewBay, Ocean, Water
MLS #A11672245
StatusActive

About 398 NE 5th St Unit 3610

Incomparable value, luxury and location at The Elser Residences. The absolute best priced 1BR/1Bth high floor, 10-Line, direct bayfront 1 bedroom unit in the building. True investment potential w/ property delivered turnkey. Enjoy the flexibility to live/work or rent your unit from day one, for daily returns in the manner you choose. Imported Italkraft kitchen cabinetry offset by the warmth of neutral toned porcelain tiled flooring for a contemporary feel. Custom cabinetry built-ins for the bedroom closet and hurricane impact slideing doors to the balcony. The Elser Residences is a smart-technology hotel/condo with an endless array of state-of-the-art amenities & charm for you & your guests. Top-rated restaurants, entertainment & cruiselines in the area provide substantial value.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 509 SqFt

Listing Office:

  • Office Name: Prospect Equities
  • Office Phone: (305) 600-1242
  • Listing Agent: Benjamin Anaman Jr

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Washer
  • Interior: Built-in Features, Closet Cabinetry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Bridge
  • View: Bay, Ocean, Water
  • Exterior: Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 3610
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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: $975,000
  • Price Per SqFt: $1,916/SqFt

HOA Fees:

  • Amount: $567
  • 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 3610 vs Miami

22 DAYS ON ROCKET

-38 Days

$975,000

+$414.5K More

$1,916/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $414.5K more than the Median Sold Price and $1.5K/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: #A11672245

Listing Office:

  • Office Name: Prospect Equities
  • Office Phone: (305) 600-1242
  • Listing Agent: Benjamin Anaman Jr

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

$5,501

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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.

Elementary School

school-card-donut-2119003
2
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2119004
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-2119005
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.10 miles

  • Public Magnet Grades 9-12

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. Typical family type is 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 3610

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 3610 property is $975,000.

What type of property is this?

The property 398 NE 5th St Unit 3610 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 3610 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 3610 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 3610 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 398 NE 5th St Unit 3610 is 509 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 3610 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 3610

This home is located at 398 NE 5th St Unit 3610 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 509 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $975,000.

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. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.

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

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