398 NE 5th St # 3707, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 442 Sq Ft

The Elser Hotel & Residences Unit 3707 at 398 NE 5th St # 3707, Miami, FL 33132 — photo 1
1 / 30

About the Property

I DARE YOU TO FIND A BETTER DEAL! LOWEST PRICE! NO ASSESSMENTS! BRAND NEW BUILDING! The Elser Residences is located in the vibrant heart of downtown Miami. With the flexibility for short-term rentals managed on top platforms like Airbnb and VRBO. This stylish retreat boasts a fully-equipped kitchen, chic modern furnishings, and a flat-screen TV, blending style with convenience. Enjoy breathtaking views of Miami's intercoastal bay. Enjoy upscale amenities, including a wrap-around pool, a two-story, state-of-the-art gym, valet parking, and more. Its prime location offers easy access to the Bayside Marketplace, Miami Heat Arena, Art District, Brickell, the Port of Miami, parks, and various transit options.

Unit 3707 in Context

Unit 3707 is located at 398 NE 5th St, part of the 07 line on floor 37 of The Elser's 646-residence tower. 5 other 07 line residences are currently offered for sale in the building.

This Residence

$1,129/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$458
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$12,116
Tax Year$2,023

Terms

Current Financing: CashAll CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 37Furnished: FurnishedLobbyBuilt-in FeaturesCloset CabinetryPrimary Bath ShowerStudioRooms Total: 0Stories Total: 49

Appliances

DishwasherDryerMicrowaveElectric RangeRefrigeratorWasher

Flooring

Tile

Cooling & Heating

Central AirCentral

Windows

BlindsHigh Impact WindowsImpact Glass

Exterior & Views

View

BayIntracoastal ViewOcean View

Waterfront

Frontage Type: BayWaterfront: YesIntracoastal Front

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RiseOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBusiness CenterCabanaChild Play AreaClubhouse-ClubroomCommunity RoomElevator(s)Exercise RoomPoolSaunaSpa/Hot Tub

Security

Smoke DetectorDoormanElevator SecureLobby Secured

Parking

Garage: Yes1 SpaceCoveredElectric Vehicle Charging Station(s)

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Close Date2025-07-24
Contract Status Change Date2025-07-24
Listing Contract Date2024-10-27
Mls StatusClosed
On Market Date2024-10-27

Details

County Or Parish: Miami-Dade CountyMajor Change Type: ClosedCondo-HotelCondoYear Built Details: New Construction

Additional Details

Building Area Total442
Building NameElser
Close Price$460,000
Parcel Number01-41-37-078-2280
Possible UseInvestment
Property AttachedYes
Property ConditionNew Construction

Similar Properties

Courtesy of Keller Williams Realty Miami Beach