398 NE 5th Street, #4210, Miami, FL, 33132 | $4,100

Experience the pinnacle of sky-high living on the 42nd floor of The Elser Hotel & Residences! This turnkey, fully furnished luxury 1-bed condo delivers jaw-dropping, unobstructed panoramic views of Biscayne Bay and the vibrant Miami skyline. Masterfully designed with floor-to-ceiling glass, an Italian designer kitchen, quartz countertops, and high-end finishes throughout. Perfectly positioned in the absolute epicenter of Downtown Miami, you are steps away from the lush greenery of Bayfront Park, electrifying nights at the Kaseya Center, upscale shopping at Miami Worldcenter, and world-class dining. Beyond your front door, indulge in the ultimate resort lifestyle with The Elser’s unmatched five-star amenities: a massive 19, 000+ sq ft amenity deck boasting a 132-foot resort-style pool with a giant 16ft LED screening wall, a 16-person sky-view hot tub, a multi-level elite fitness complex, an outdoor theater lawn, and a sophisticated two-level co-working lab. Complete with an on-site lobby cocktail bar, artisanal café, and 24/7 white-glove concierge, this property offers a rare luxury lifestyle or a premier, highly flexible short-term rental investment opportunity. This is the ultimate luxury pad or cash-flowing investment asset.

Features

  • Type: Multi Family
  • Amenities: Elevator(s), Fitness Center, Pool, Spa/Hot Tub, Manager On Site, Bar, Maintained Community
  • Bedrooms: 1
  • Baths: 1 full
  • Development: The Elser
  • Year Built: 2022
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 509
  • View: Bay, Ocean
  • Elem. School: Frederick Douglass
  • Middle School: Jose De Diego
  • High School: Booker T. Washington
  • Pool: Above Ground, Heated
  • Pet Policy: Yes
  • MLS#: A12047126
  • Website: https://www.raveis.com
    /prop/A12047126/398ne5thstreet_miami_fl?source=qrflyer
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Listing courtesy of Keller Williams Capital Realty

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

398 NE 5th Street, #4210, Miami, FL, 33132

$4,100

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $3,280 $3,280 $3,280
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.358% 6.640% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $20 $21 $27
Total Monthly Payment $95 $96 $102

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.