398 NE 5th St 2717 Miami, FL $ 1,499,000
398 NE 5th St 2717
$ 1,499,000
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398 NE 5th St 2717

Miami, FL, 33132
$ 1,499,000
Bedrooms3 Baths3.0 Sq 1,043

Monthly Estimate*

$ 9,230

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Condo for sale in Miami, FL

for $1,499,000 with 3 bedrooms and 3 full baths. This 1,043 square foot condo was built in 2024.

Discover Unit 2717 at The Elser Hotel & Residences, a spacious and highly versatile 2-Bedroom + large Den residence legally configured and recognized as a true 3-Bedroom unit. With 3 full bathrooms and the ability to comfortably accommodate up to 8 guests per night, the generously sized den can be easily divided. Delivered in pristine, like-new condition and sold fully furnished with all necessary equipment. Currently enrolled in the building's hotel management program, this residence delivers excellent occupancy rates and strong returns. Detailed performance statements and revenue history available upon request. A rare turnkey investment opportunity in the heart of Downtown Miami with no rental restrictions!

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Condo Active

Price

$ 1,499,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 21,280

Style

Year Built

2024

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11943473

Features
General
Heating Central Other
Cooling Other
Possession Closing & Funding
Appliances Other
HOA Fee 1220
Garage Spaces 1
Association Fee Includes Other
Patio/Porch Features Balcony Open
Architectural Style High Rise Other
Pool Features Association Heated
Security Features Lobby Secured Other
Restrictions No Restrictions
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 2024
View Bay Intercoastal Ocean
Unit Number 2717
Property Subtype Condominium
Tax Year 2025
Waterfront Features Bayfront
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Beach Rights Bike Storage Business Center Clubhouse Elevator(s) Fitness Center Barbecue Other Picnic Area Pool Spa/Hot Tub
Subdivision Name MAP OF MIAMI DADE CO. FL.
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
City Miami
Disclosures Other
Entry Location 27
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Listing Terms Conventional
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 21280
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11943473
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description 398 NE 5TH STREET CONDO UNIT 2717 UNDIV 0.2641% INT IN COMMON ELEMENTS OFF REC 33416-1520
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Interior
Interior Amenities Other Bar
Flooring Ceramic Tile
Total Stories 55
Heating Y/N true
Half Baths 0
Total Bedrooms 3
Entry Level 27
Total Baths 3
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Exterior
Exterior Amenities Balcony
Parking Features One Space
Building Area Total 1043
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Cosmore Florida Corp.

Broker

pruggeri@cosmore.com

Email

Affordability Calculator

$11,003
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$1,773
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$1,499,000 Listed Price

Map


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398 NE 5th St 2717, Miami, FL, 33132 is a Condo for sale at $1,499,000 with 1,043 sqft. 398 NE 5th St 2717 has 3 bedrooms, 3.0 baths, and was built in 2024. The property's zip code is 33132 which is in Miami, FL