398 NE 5th St # 3508, Miami, FL 33132

Description of 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.

Property Details for 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 Information for 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

Property Information for 398 NE 5th St # 3508, Miami, FL 33132

Waterfront

Yes

View

Bay

Construction Materials

Concrete Block Construction

New Construction

No

Public Records for 398 NE 5th St # 3508, Miami, FL 33132

Parcel Number

01-41-37-078-2600

Tax Annual Amount

$11,136

Tax Year

2025

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

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