398 NE 5th St #1516, Miami, FL 33132

$499,000
  • bed0 Beds
  • baths1 Baths
  • hold362 SQFT
  • hold $1378 /SQFT
  • % Change -3.85%
  • Living Area M² 34 m²
  • $ / M² $14,838
  • Maintenance Fee $557
  • Days on Market 71 day(s)
  • Waterfront? No
  • Garage Spaces Yes
  • Pets Allowed? Yes
  • Furnished? Yes
  • Year Built 2022
  • MLS #
    A11763592
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Property Description

Lowest priced condo at the most luxurious condo-hotel in Miami! Welcome to The Elser Hotel & Residences, where luxury meets convenience in the heart of downtown Miami. This stunning turn-key studio built in 2022 with water and skyline views, and is literally across the street from Bayfront Park, Kaseya Center, Bayside Marketplace, Museum Park, and the bustling Port of Miami. Enjoy seamless smart access to an impressive array of luxury amenities. Dive into the 132' wrap-around roof top pool while watching the 16' LED TV, work up a sweat in the two-story fitness center while taking in the stunning city views, or unwind at the spa. Imbibe at the pool bar and chic lounge areas. Make this your Miami pied-a-terre and receive income via the in-house Hotel program when you're not using it!

Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Barbecue
  • Picnic Area
  • Pool
  • Elevators
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Interior Features

  • Built In Features
  • Bedroom On Main Level
  • Closet Cabinetry
  • Elevator
  • Bar

Exterior Features

  • Balcony
  • Security High Impact Doors

Property Tax Information

  • Tax Amount: $9,444

  • Tax Year: 2024

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monthly payment breakdown

total monthly payment

$557.00

  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 0,000
  • Property Taxes This tax is a percentage of a home’s assessed value and varies by area. Homeowners pay this tax annually, semi-annually, or as part of a monthly mortgage payment.
  • HOA Fees Fees paid by homeowners within a shared complex to pay for building repairs and operation costs. HOA fees are typically paid monthly or quarterly.
  • Homeowners Insurance Homeowners insurance covers losses and damages to your home, property, personal belongings, and other assets in your home. The policy also provides liability coverage against accidents in the home or on the property. When applying for a mortgage, the applicant is usually required to provide proof of insurance on the property before the financial institution will approve the loan.
  • Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be required to purchase mortgage insurance. Mortgage insurance protects the mortgage lender against loss if a borrower defaults on their loan. Typically, mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your actual rate may vary.
  • Total monthly payment = $ 557.00
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For more information about this property:

Lucas Lechuga, PA

Luxe Living Reality
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305 - 428 - 3860
contact-mail
info@miamicondoinvestments.com
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Downtown Miami 398 NE 5th St #1516 has 0, 1 Bathrooms , and 362 square feet. The asking price for this property is $499000, or $1378 per square feet.

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