$1,335,000was $1,385,000
398 NE 5th St #3811
2 bd · 2 ba · 818 sq ft
Asking price cut 3.6% on October 6, from $1,385,000.
Listing courtesy of COSMORE Florida Corp.. 786-536-2344
From the MLS
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 818 sq ft
- Asking per square foot
- $1,632
- Year built
- 2024
- Association fee
- $1,543 monthly
- ZIP code
- 33132
- MLS number
- A11969815
What the listing says
Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.
Description supplied by COSMORE Florida Corp..
About The Elser Hotel & Residences
Forty-nine stories, 571 feet, 646 residences — a figure PMG and Greybrook publish and the Miami-Dade roll confirms exactly, folio for folio. In this market that almost never happens.
What has actually sold in The Elser Hotel & Residences →
That page takes its sale prices from the Miami-Dade county roll, not from a listing, and says how many recorded transfers were excluded as not arm’s-length. It is the number worth negotiating against.
Before you offer on this one
The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.
Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.
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