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Ocean-View 1/1 Income Unit
For Sale
$768,000

398 NE 5th St 4708, Miami, FL 33132

Fully furnished residential unit with an Italian kitchen, quartz countertops, and access to resort-style amenities.

Property Size430 SF
Price / SF$1,786
Days on Market887

Property Features for 398 NE 5th St 4708

General Information

Standard status Active
Size 430 SF
Property subtype Commercial/Industrial

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $12,704

Amenities

Resort style amenities
Co working spaces
Sky entertainment Lounge

Building Details

Year Built 2022
Listing Agency: KWG Realty Group LLC
Listed By: Rongjie Sun · License #3371127
Source: Exitrealty
Added: Apr 1, 2024 Changed: Sep 2 Last Checked: Sep 2 at 9:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KWG Realty Group LLC

Investment Insights

Based on property information with market context.

This 1/1 residential income unit at The Elser Hotel & Residences combines an ocean view with a furnished interior and equipped kitchen. Interior features include an Italian kitchen and quartz countertops, providing a defined residential layout within the property’s hotel and residences setting. The building was completed in 2022.

Located at 398 NE 5th St in Downtown Miami, the property offers access to resort-style amenities, coworking spaces, and a sky entertainment lounge. The unit is positioned within a furnished residential environment designed for use as part of Miami’s downtown hotel and residences offering.

Key Highlights

  • 1/1 unit with ocean view
  • Italian kitchen with quartz countertops
  • Fully furnished and equipped

Property Analytics

Current Use

Corner Coffee Miami Cafe & Coffee Shop SKYX Platforms Industrial Manufacturer ViceVersa Miami Restaurant Natalie Mery, Miami ... Real Estate Agency Property Markets Group Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Restaurant Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

16,985
Businesses Nearby

Demographics for 33132, FL

18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Fully furnished residential unit with an Italian kitchen, quartz countertops, and access to resort-style amenities.
Where is this residential income property located?
The property is located at 398 NE 5th St 4708 Miami, FL.
What is the asking price?
The asking price for this property is $768,000.
What are key features of this property?
This property features: 1/1 unit with ocean view; Italian kitchen with quartz countertops; Fully furnished and equipped
More about this property
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