new - 1 day on rocket

398 NE 5th St Unit 4209, Miami, FL, 33132

$1,857,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
983 SqFt
$1,889/SqFt
Condo

Location

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398 NE 5th St Unit 4209, Miami$1,857,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, On Street, Valet
Attached GarageYes
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11712356
StatusActive

About 398 NE 5th St Unit 4209

The Elser Hotel & Residences is positioned in Miami's most magnetic locale, downtown Miami. The brand-new, move-in-ready condo building offers 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. The Elser Hotel & Residences comes equipped with the latest in smart home technology and amenities including a double-height pool deck with a 132 ft resort-style pool, a two-level modern gym and fitness studio, an outdoor yoga deck, and a lawn with unobstructed stunning Biscayne Bay and downtown city views.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 983 SqFt

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Elica Betancourt

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: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, On Street, Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 4209
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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: $1,857,000
  • Price Per SqFt: $1,889/SqFt

HOA Fees:

  • Amount: $1202
  • 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 4209 vs Miami

1 DAY ON ROCKET

-59 Days

$1,857,000

+$1.2M More

$1,889/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $1.4K/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: #A11712356

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Elica Betancourt

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: 12/21/2024, 10:20:50 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

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,634

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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-692416
7
/10
  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-692417
3
/10
  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-692418
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. Most families are single, no kids. 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 4209

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 4209 property is $1,857,000.

What type of property is this?

The property 398 NE 5th St Unit 4209 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 4209 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 4209 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 398 NE 5th St Unit 4209 is 983 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 4209 is 2022.

Rocket HomesFloridaMiami-Dade CountyMiami33132398 NE 5th St Unit 4209

This home is located at 398 NE 5th St Unit 4209 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 983 square foot home was built in 2022. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,857,000.

Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. In November 2024 median list price was $565,671 and the average listing age was 60 days.

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

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