2 months on rocket

398 NE 5th St Unit 4018, Miami, FL, 33132

$1,427,295

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,267 SqFt
$1,127/SqFt
Condo

Location

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398 NE 5th St Unit 4018, Miami$1,427,295

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Covered, Electric Vehicle Charging Station(s), Garage, One Space, Valet
Attached Garage1 space
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11656900
StatusActive

About 398 NE 5th St Unit 4018

The Elser Residences Is a Collection of Cultivated Studios, 2- and 3-Bedrooms. Positioned in Miami’s most magnetic locale, Downtown Miami, The Elser Hotel and Residences will offer a lively, dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 1,267 SqFt

Listing Office:

  • Office Name: PMG Residential LLC
  • Office Phone: (305) 917-1070
  • Listing Agent: Aura Aragon

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring Type: Tile
  • Interior: Closet Cabinetry, Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Other, Skylights, Walk-In Closet(s), Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Covered, Electric Vehicle Charging Station(s), Garage, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 4018
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Text listing agent.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,427,295
  • Price Per SqFt: $1,127/SqFt

HOA Fees:

  • Amount: $1486
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

398 NE 5th St Unit 4018 vs Miami

83 DAYS ON ROCKET

+23 Days

$1,427,295

+$861.6K More

$1,127/SqFt

+$735 More

KEY TAKEAWAY

This property is $861.6K more than the Median Sold Price and $735/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: #A11656900

Listing Office:

  • Office Name: PMG Residential LLC
  • Office Phone: (305) 917-1070
  • Listing Agent: Aura Aragon

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: 12/3/2024, 1:20:48 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

$8,677

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,346

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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-3507810
7
/10
  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-3507811
3
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-3507812
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. 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 4018

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 4018 property is $1,427,295.

What type of property is this?

The property 398 NE 5th St Unit 4018 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 4018 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 4018 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 398 NE 5th St Unit 4018 is 1,267 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 4018 is 2022.

Rocket HomesFloridaMiami-Dade CountyMiami33132398 NE 5th St Unit 4018

This home is located at 398 NE 5th St Unit 4018 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,267 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $1,427,295.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $565,671, 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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