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$619,000was $819,000

398 NE 5th Street #4015

1 bd · 1 ba · 560 sq ft

Asking price cut 24.4% on October 25, from $819,000.

213 days on marketCondominiumWaterfront

Listing courtesy of Compass Florida, LLC. 305-851-2820

From the MLS

Bedrooms
1
Bathrooms
1
Living area
560 sq ft
Asking per square foot
$1,105
Year built
2022
Association fee
$2,583 quarterly
Parking spaces
0
ZIP code
33132
MLS number
B26010042

What the listing says

Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.

Description supplied by Compass Florida, LLC.

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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Work with Stefania

Or tell her what you are actually looking for

One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.

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