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Overview
Property ID: HZA11753429
- 0
- 1
- 1
- 443
- 2022
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!
Address
Open on Google Maps- Address 5th St
- Zip/Postal Code 33132
Details
Updated on February 28, 2025 at 12:56 pm- Property ID: HZA11753429
- Price: $740,000
- Property Size: 443 Square Feet
- Bedroom: 0
- Bathroom: 1
- Garage: 1
- Year Built: 2022
Additional details
- Street Dir Prefix: NE
- Public Survey Range: 41
- Showing Instructions: 24 Hour Notice,See Broker Remarks
- Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 3204 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
- On Market Date: 2025-02-28
- Contract Status Change Date: 2025-02-28
- Major Change Timestamp: 2025-02-28T12:32:52.143Z
- Flooring: Tile
- Room Bedroom Features: Other
- Cooling: Central Air
- Status Change Timestamp: 2025-02-28T12:32:52.143Z
- Security Features: Doorman,Elevator Secure
- Type of Association: Condo
- Building Name: The Elser
- Association Fee Frequency: Monthly
- Adjusted Area SF: 443
- Price Change Timestamp: 2025-02-27T18:25:10.837Z
- Major Change Type: New
- Listing Contract Date: 2025-02-28
- List AOR: A-Miami Association of REALTORS
- MLS Area Major: Map Of Miami Dade Co. Fl.
- Tax Annual Amount: 11417
- Current Price By SQFT: 1670.43
- Originating System Key: miamire
- Bathrooms Total Decimal: 1
- Photos Change Timestamp: 2025-02-28T12:44:55.009Z
- Originating System Name: Miami Association of REALTORS®
- Mls Status: Active
- Street Number: 398
- State Or Province: FL
- Covered Spaces: 1
- Type of Governing Bodies: Condominium
- Bridge Modification Timestamp: 2025-02-28T14:18:02.183Z
- Entry Level: 32
- Parcel Number: 01-41-37-078-1210
- Listing Terms: All Cash,Conventional
- View: Skyline
- Year Built Details: Resale
- Other Expense: 0
- IDX Participation: 1
- Bathrooms Full: 1
- Pets Allowed: 1
- Approval Status: Approved
- Door Features: High Impact Doors
- Stories Total: 47
- Modification Timestamp: 2025-02-28T12:32:52.143Z
- Originating System ID: miamire
- Pets Allowed: Restrictions Or Possible Restrictions
- Days On Market: 0
- Maintenance Includes: Air Conditioning Maintenance
- Unit Number: 3204
- Association Amenities: Business Center,Exercise Room
- Street Number Numeric: 398
- Parking Features: Valet,Limited # Of Vehicle
- Postal Code +4: 2127
- Bathrooms Half: 0
- Number Of Units In Community: 646
- Syndication Remarks: 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!
- Heating: Other
- LPA mt Sq Ft: 1670.4289
- Structure Type: Condo-Hotel,Condo
- Public Survey Township: 41
- Street Name: 5th St
- Patio And Porch Features: Open Balcony
- Listing Agreement: Exclusive Right To Sell
- Public Survey Section: 37
- Building Area Units: Square Feet
- Internet Entire Listing Display: 1
- TaxYear: 2025
- Original Entry Timestamp: 2025-02-28T12:32:52.143Z
- Source System Key: 407802925
- Furnished: Furnished
- Style: Condo-Hotel
- Number Of Units Total: 646
- Association Fee: 681
- Lot Size Square Feet: 0
- Building Area Total: 443
Mortgage Calculator
$2,379,855.64
Monthly
- Down Payment $111,000.00
- Loan Amount $629,000.00
- Monthly Mortgage Payment $5,355.64
- Property Tax $1,850,000.00
- Home Insurance $83.33
- PMI $524,166.67
- Monthly HOA Fees $250.00
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