Tour
$8,657 Closing Credit¹
#A11676973, Rafael Jimenez, Listing Office: LPT Realty
$730,000 List price
398 NE 5th St Unit 2904 Miami, FL 33132
$8,669
Closing credit¹
0 beds
1 full
443 sqft
$1,648 / sqft
Condo
Property details
About 398 NE 5th St Unit 2904
Welcome to Unit 2904 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!
Highlights
Home typeCondominium
HeatingOther
StatusActive
CoolingCentral Air
Size443 sqft
Year built2022
ParkingValet
MLS #A11753460
Garage1 space
ViewCity
Virtual tour
Summary
- MLS Number: A11753460
- MLS Name: SEFMIAMI
- Office Name: London Foster Realty
- Office Phone: (305) 514-0100
- Office Email: listings@londonfoster.net
- Listing Agent: Daniel Mordechai
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$730,000
398 NE 5th St Unit 2904
$8,669
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Downtown Miami Charter School
Public Charter KG-6
0.6 mi
•305 NW 3rd Ave
6
Frederick R. Douglass Elementary School
Public District PK-5
0.8 mi
•314 NW 12th St
8
Miami Children's Museum Charter School
Public Charter KG-5
0.9 mi
•980 MacArthur Cswy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,792. Residents of Miami, FL typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
26%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 398 NE 5th St Unit 2904
This home is located at 398 NE 5th St Unit 2904 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 443 square foot home was built in 2022. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $730,000.
While more than 62 listings in Miami, FL in March 2025 were sold above asking price, there were more than 142 listings sold at asking price, and more than 573 were sold below. The inventory of homes for sale in Miami, FL between February and March 2025 increased by 13.7%. Listings spent 70 days on the market in March 2025, and had a median list price of $580,300 during the same period.
From Rocket Homes Real Estate and based on county public records data.