2 months on rocket

398 NE 5th St Unit 4012, Miami, FL, 33132

$575,000

Home List Price

$6,828*

Closing Credit

1 Full Bath
341 SqFt
$1,686/SqFt
Condo

Location

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398 NE 5th St Unit 4012, Miami$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Garage1 space
Year Built2022
HeatingCentral
CoolingCentral Air
ViewBay, City, Ocean
MLS #A11652897
StatusActive

About 398 NE 5th St Unit 4012

Welcome to THE ELSER Residences, where a rare and captivating direct water view studio awaits. This remarkable unit is thoughtfully delivered completely turn-key. With no rental restrictions, it makes for an excellent investment product. The luxurious features of this stunning abode, include 9+ foot ceilings, quartz countertops, and elegant porcelain wood-grain tile flooring. The kitchen is adorned with sophisticated Italkraft cabinets, and fully built-out closets provide ample storage for all your needs. Pamper yourself in the modern bathrooms featuring frameless glass showers, and experience the convenience of keyless entry. Embrace the panoramic vistas, the top-notch amenities, and the vibrant spirit of Downtown Miami that awaits you in this extraordinary residence.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 341 SqFt

Listing Office:

  • Office Name: Interinvestments Realty, Inc.
  • Office Phone: (305) 220-1101
  • Listing Agent: Maria Giammarresi

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Closet Cabinetry, Living/Dining Room, Main Living Area Entry Level, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Bay, City, Ocean
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Valet

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $1,686/SqFt

HOA Fees:

  • Amount: $345
  • 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 4012 vs Miami

80 DAYS ON ROCKET

+20 Days

$575,000

+$14.5K More

$1,686/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $14.5K 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: #A11652897

Listing Office:

  • Office Name: Interinvestments Realty, Inc.
  • Office Phone: (305) 220-1101
  • Listing Agent: Maria Giammarresi

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, 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

$3,282

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-1392188
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-1392189
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-1392190
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. Most Miami, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 4012

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 4012 property is $575,000.

What type of property is this?

The property 398 NE 5th St Unit 4012 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 4012 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 4012 has 1 bathroom..

What is the square footage of this property?

The property 398 NE 5th St Unit 4012 is 341 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 4012 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 4012

This home is located at 398 NE 5th St Unit 4012 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 341 square foot home was built in 2022. Features: 1 bathroom. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $575,000.

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. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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

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