398 NE 5th St #3204, Miami, FL 33132

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
398 NE 5th St #3204,Miami, FL 33132
$740,000
  • - Beds
  • 1 Baths
  • 443 sq. ft.
  • Condominium
  • Active
Listed by:daniel mordechai
Office:london foster realty
MLS#:A11753429
Source:SEFMLS

Price summary

  • Price:$740,000
  • Price per sq. ft.:$1,670.43
  • Monthly HOA dues:$681

About this home

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. Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!

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Home facts

  • Year built:2022
  • Listing Id #:A11753429
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:443 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:2022
  • Building area:443 sq. ft.

Finances and disclosures

  • Price:$740,000
  • Price per sq. ft.:$1,670.43
  • Tax amount:$11,417 (2025)
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