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$958,800was $998,500

398 NE 5th St #1614

1 bd · 2 ba · 665 sq ft

Asking price cut 4% on March 28, from $998,500.

997 days on marketCondominiumWaterfront

Listing courtesy of KWG Realty Group LLC. 954-980-6666

From the MLS

Bedrooms
1
Bathrooms
2
Living area
665 sq ft
Asking per square foot
$1,442
Year built
2022
Association fee
$665 monthly
ZIP code
33132
MLS number
A11452466

What the listing says

The Elser Hotel and Residences will offer a lively, dynamic lifestyle for tastemakers of every stripe. Enjoy access to world-class entertainment, arts, and dining. It allows short and long term rental. LOCATION! Inverstors, this is your opportunity. Bay and skyline view. This unit is ready to start generating you income.

Description supplied by KWG Realty Group 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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