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For sale
  • Price cut: $59K (5/12)
    $740,000

    398 NE 5th Street #4503, Miami, FL 33132

    1beds
    439sqft
    : 
    Hotel/Motel
    Built in 2022
    -- sqft lot
    $713,500 Zestimate®
    $1,686/sqft
    $680/mo HOA

    What's special

    Floor-to-ceiling windowsKeyless entrySmart thermostatNatural light
    The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished Studio residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.Can be sold as one or package deal with units 2903 and 4603.
    103 days
    on Zillow
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    17
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: May 12, 2025 at 06:47am

    Listed by:

    Arthur Covas 561-235-6804,

    Linart Realty, LLC

    Source: BeachesMLS,MLS#: RX-11067995MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 398 NE 5th Street #4503.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: M
    • Area: 80
    • Dimensions: 10 x 8
    Kitchen
    • Level: M
    • Area: 80
    • Dimensions: 10 x 8
    Living room
    • Level: M
    • Area: 80
    • Dimensions: 10 x 8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Entry Lvl Lvng Area
    • Flooring: Ceramic Tile
    • Windows: Impact Glass, Impact Glass (Complete)
    • Furnished: Yes
    Interior area
    • Total structure area: 439
    • Total interior livable area: 439 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Under Building
    • Garage spaces: 1
    Features
    • Pool features: Heated, Community
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay
    Details
    • Parcel number: 0141370781000
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Hotel/Motel
    Materials
    • Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Community
    • Features: Cafe/Restaurant, Fitness Center, Lobby, Manager on Site, No Membership Avail
    • Security: Lobby
    • Subdivision: The Elser
    HOA
    • Has HOA: Yes
    • Services included: A/C Maintenance, Cable TV, Insurance-Bldg, Pool Service, Sewer, Trash
    • HOA fee: $680 monthly
    • Application fee: $150
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $1,686/sqft
    • Tax assessed value: $592,500
    • Annual tax amount: $11,869
    • Date on market: 3/4/2025
    • Listing terms: Cash,Conventional
    • Lease term: Min Days to Lease: 2
    • Electric utility on property: Yes
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