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398 NE 5th St Unit 3204, Miami, Florida 33132

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Active For Sale
$740,000
  • Beds 0
  • Baths 1
  • Sq Ft 443 Sqft
  • Visits: 26 in 57 days

Description

Welcome to Unit 3204 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience.rnModern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!

Features

  • Heating System: Other
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Door Man, Elevator Secured
  • Patio: Balcony, Open
  • Parking: Valet
  • Furnished: Furnished

Appliances

  • Appliances: Microwave

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: The Elser
  • Zipcode: 33132
  • Street: 5th St
  • Street Number: 398
  • Floor Number: 0
  • Longitude: W81° 55' 12''
  • Latitude: N26° 21' 19''
  • UnitNumber: 3204
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: Other
  • Association Amenities: Fitness Center, Business Center
  • Association Fee: $681
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Hvac
  • Close Price: $0
  • Exterior Features: Balcony, Security/high Impact Doors
  • Flooring: Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Other
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 47
  • Tax Annual Amount: $11,417
  • Tax Year: 2025

Location

Listing Updated: 2025-03-25 01:35:59

  • Parent : 398:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11753429
  • Price : $740,000
  • View : City
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 443 Sqft
  • Year Built : 2022
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 56
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