398 NE 5th St, Apt 3204

$740,000

0 Bed 1 Bath 443 sqft
398 NE 5th St Unit 3204 Downtown

153

Home61's Closings in

Downtown

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
Gym
Impact Windows
N/A

Key features

Living area
443 sqft
Maintenance
$ 0
Tax
$11,417 (2025)
Tenant Occupied
No
Parking Space
1
Floor #
32nd / 47
Building
The Elser
On market
12 days
$ /sqft
$ 1,670
Type
apartment
Unit
3204
Year Built
2022
Zip Code
33132
Ref./MLS ID
A11753429

DESCRIPTION

Welcome to unit 3204 at the elser miami, an exceptional investment opportunity in the heart of downtown miami! built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential.  Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program.  Income-producing property: participate in the elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience.  Modern design: completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.  Low monthly costs: 1031 exchange opportunity!


Data is provided by Miami Board of Realtors.

Public transportation

College/Bayside
Brickell Loop
Downtown
Omni Loop
1 mins
Freedom Tower
Omni Loop
2 mins
College North
Brickell Loop
Downtown
Omni Loop
3 mins
First Street
Brickell Loop
Downtown
Omni Loop
3 mins

Nearby School In Downtown

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
New World School Of The Arts
9-12
0.3 miles
10
School For Advanced Studies-Wolfson
11-12
0.3 miles
10
I Preparatory Academy
PK-12
0.8 miles
8
Downtown Miami Charter School
PK-6
0.6 miles
Neighborhood

Downtown

  • fashion
  • miami bay
  • american airline arena
  • adrienne arsht center
  • bayfront
  • shopping
  • business
  • banks
  • nightlife
Listed on February 28, 2025 by Daniel Mordechai from London Foster Realty, this apartment is for sale. apartment for sale in Downtown listed at $740,000, Reference A11753429

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.