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#A11742882, Aygul Yagudina, Listing office: Trust Invest Real Estate Corp
Property details
About 398 NE 5th St Unit 3204
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!
Highlights
Home typeCondominium
HeatingOther
StatusActive
CoolingCentral Air
Size443 sqft
Year built2022
ParkingValet
MLS #A11753429
Garage1 space
ViewCity
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Microwave
- Flooring Type: Tile
- Interior: Other
- Garage Space: 1 space
- Parking: Valet
- View: City
- Exterior: Balcony, Security/High Impact Doors
- Architectural Style: Other
- Heating: Other
- Cooling: Central Air
- List Price: $740,000
- Price/SqFt: $1,670
- HOA Amount: $681 Monthly
- Year Built: 2022
- Living Area: 443 SqFt
- MLS Number: A11753429
- 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: 7/19/2025, 5:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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 3204
The listing price of 398 NE 5th St Unit 3204 property is $740,000.
The property 398 NE 5th St Unit 3204 is a condo located in Miami, Florida, 33132.
Active Listing: 398 NE 5th St Unit 3204 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 398 NE 5th St Unit 3204 are: Downtown Miami Charter School (GreatSchools Rating 4/10), Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Mater Preparatory Academy (GreatSchools Rating 7/10), New World School of the Arts (GreatSchools Rating 9/10), School for Advanced Studies-Wolfson (GreatSchools Rating 10/10), Law Enforcement Officers Memorial High School (GreatSchools Rating 6/10).
The property at 398 NE 5th St Unit 3204 has 0 bedroom and 1 bathroom.
The property 398 NE 5th St Unit 3204 is 443 SqFt (source: MLS/tax record).
The year of construction for 398 NE 5th St Unit 3204 is 2022.
This home is located at 398 NE 5th St Unit 3204 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 $740,000.
While more than 48 listings in Miami, FL in June 2025 were sold above asking price, there were more than 103 listings sold at asking price, and more than 570 were sold below. The inventory of homes for sale in Miami, FL between May and June 2025 increased by 7.1%. In June 2025 median list price was $589,216 and the average listing age was 75 days.
From Rocket Homes Real Estate and based on county public records data.