6 months on rocket

398 NE 5th St Unit 1518, Miami, FL, 33132

$1,383,562

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,267 SqFt
$1,092/SqFt
Condo
Schools Nearby

Location

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398 NE 5th St Unit 1518, Miami$1,383,562

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Covered, Electric Vehicle Charging Station(s), Garage, One Space, Valet
Attached Garage1 space
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11470285
StatusActive

About 398 NE 5th St Unit 1518

The Elser Residences Is a Collection of Cultivated Studios, 1-, 2- and 3-Bedrooms. Positioned in Miami’s most magnetic locale, Downtown Miami, The Elser Hotel and Residences will offer a lively, dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 1,267 SqFt

Listing Office:

  • Office Name: PMG Residential LLC
  • Office Phone: (305) 917-1070
  • Listing Agent: Aura Aragon

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring Type: Tile
  • Interior: Closet Cabinetry, Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Other, Skylights, Walk-In Closet(s), Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Barbecue, Deck, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Covered, Electric Vehicle Charging Station(s), Garage, One Space, Valet

Virtual/3D Tour

  • 3D Tour: 398 NE 5th St Unit 1518

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Frederick R. Douglass Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Text listing agent. Use showing assist.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,383,562
  • Price Per SqFt: $1,092/SqFt

HOA Fees:

  • Amount: $1307
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

398 NE 5th St Unit 1518 vs Miami

196 DAYS ON ROCKET

+137 Days

$1,383,562

+$843.4K More

$1,092/SqFt

+$712 More

KEY TAKEAWAY

This property is $843.4K more than the Median Sold Price and $712/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11470285

Listing Office:

  • Office Name: PMG Residential LLC
  • Office Phone: (305) 917-1070
  • Listing Agent: Aura Aragon

IDX © 2024 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: 4/30/2024, 4:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,280

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3822973
2
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3822974
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-3822975
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.10 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 1518

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 1518 property is $1,383,562.

What type of property is this?

The property 398 NE 5th St Unit 1518 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 1518 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 398 NE 5th St Unit 1518 are:
Frederick R. Douglass Elementary School: GreatSchools Rating 2/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 1518 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 398 NE 5th St Unit 1518 is 1,267 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 1518 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 1518

This home is located at 398 NE 5th St Unit 1518 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,267 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2023 and is currently priced at $1,383,562.

Over 115 listings were sold over their listed price in March 2024 in Miami, FL. In the same period over 619 listings were sold below the listed price and 149 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

From Rocket Homes Real Estate and based on county public records data.

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