$840,000
2 bd · 3 ba · 1,498 sqft
851 NE 1st Ave # 1608, Miami, FL 33132
Paramount MWC
398 NE 5th St # 3508, Miami, FL 33132
$724,0000 Beds1 Baths430 Sq. Ft.$1,684 / sq. ft.
Miami, FL 33132 · THE ELSER HOTEL RESIDENCE
Status
Active
Type
Condominium
Year Built
2022
Days on Market
1
MLS #
A12105255
County
Miami-Dade County
Listing Remarks — 398 NE 5th St # 3508, Miami, FL 33132
ANNUAL GROSS INCOME: $48,500! Exceptional investment opportunity in one of Miami’s most dynamic and rapidly transforming urban hubs. This income-producing property offers breathtaking views and an outstanding location, surrounded by newly developed ultra-luxury residences, world-class hotels, and iconic landmarks. Enjoy direct, unobstructed views of Miami’s spectacular new $1 billion signature bridge, placing this property at the heart of the city’s exciting evolution. A rare opportunity to own a prime piece of Miami real estate with strong income potential and long-term appreciation prospects.
Inside the Residence: 398 NE 5th St # 3508, Miami, FL 33132
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- First Floor Entry
- Appliances
- Other Equipment/Appliances
- Flooring
- Ceramic Floor
- Heating
- Electric
- Cooling
- Electric
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- 1 Space
- Pool Private
- No
- Year Built Details
- Resale
Building & Association Facts — 398 NE 5th St # 3508, Miami, FL 33132
- Building Name
- THE ELSER HOTEL RESIDENCE
- Building Area Total
- 430
- Building Area Units
- Square Feet
- Stories Total
- 49
- Entry Level
- 35
- Association
- Yes
- Association Fee
- $455
- Association Fee Frequency
- Monthly
- Association Amenities
- Other
- Security Features
- Doorman
Site, Views & Construction — 398 NE 5th St # 3508, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- View
- Bay
- Construction Materials
- Concrete Block Construction
- New Construction
- No
Tax & Parcel Record — 398 NE 5th St # 3508, Miami, FL 33132
- Parcel Number
- 01-41-37-078-2600
- Tax Annual Amount
- $11,136
- Tax Year
- 2,025
- Tax Legal Description
- 398 NE 5TH STREET CONDO UNIT 3508 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
- County Or Parish
- Miami-Dade County
On the Map
398 NE 5th St # 3508, Miami, FL 33132 · More homes in Miami
Courtesy of Piquet Realty
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MET 1
Quick Facts: 398 NE 5th St # 3508, Miami, FL 33132
Listing summary: condo for sale at 398 NE 5th St # 3508, Miami, FL 33132. It came to market on October 19, 2026 through Piquet Realty. Public schools here fall under Miami-Dade County Public Schools. Layout: 0-bed, 1-bath, 430 sqft, in a structure dating to 2022.