Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #1412

$450K11.1%
$400,000
Studio
Beds
1
Baths
341
SqFt
Status
Sold - Nov 10, 2025
Parking
No info
Size
341 SqFt (32 m2)
Price
$1,173/SqFt ($12,626/m2)
Type
Condo
Built
2022
HOA
$524/MO
MLS Number
A11846720
View
Bay
On Site
417 Days
Updated
308 Days ago
Page Views
0
Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Windows/Treatment: ImpactGlass
  • Year Built: 2022
  • Year Built Description: Condo-Hotel
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-07-25T18:09:31.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTv, Internet, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
    • Taxes: 9327
    • Security Information: ElevatorSecured, KeyCardEntry, LobbySecured
    • Parking Description: Covered, OneSpace, Valet
    • Total Floors in Building: 49

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    Price History

    Current
    $400K
    High
    $450K
    Low
    $400K
    Total Change
    -11.1%
    $456K$425K$394KJul 25Aug 25Sep 25Sep 25Nov 25
    Date
    Event
    Price
    Change
    Price Per
    11/10/2025
    Sold
    $400K
    0%
    $1,173 ft2
    $12,626 m2
    09/20/2025
    Price Reduced
    $400K
    -6.76%
    $1,173 ft2
    $12,626 m2
    09/20/2025
    Price Reduced
    $429K
    -4.45%
    $1,258 ft2
    $13,542 m2
    08/22/2025
    Price Reduced
    $449K
    -0.22%
    $1,317 ft2
    $14,173 m2
    07/24/2025
    Listed
    $450K
     
    $1,320 ft2
    $14,205 m2
    11/10/2025
    $400K
    Event
    Sold
    Change
    0%
    Price Per
    $1,173 ft2
    $12,626 m2
    09/20/2025
    $400K
    Event
    Price Reduced
    Change
    -6.76%
    Price Per
    $1,173 ft2
    $12,626 m2
    09/20/2025
    $429K
    Event
    Price Reduced
    Change
    -4.45%
    Price Per
    $1,258 ft2
    $13,542 m2
    08/22/2025
    $449K
    Event
    Price Reduced
    Change
    -0.22%
    Price Per
    $1,317 ft2
    $14,173 m2
    07/24/2025
    $450K
    Event
    Listed
    Price Per
    $1,320 ft2
    $14,205 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Juan MezziniMezzini Realty Group • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    96

    100
    Transit Score®
    Rider's Paradise. World-class public transportation
    99

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    77

    100
    Sound Score®
    Very loud
    65

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    46

    100
    Local Score
    Limited local amenities nearby
    2

    100
    Community Snapshot
    Studio – 3 BR
    Bedrooms
    $449K – $1.7M
    Price Tier
    341 - 32,286
    SqFt Range
    2022
    Year Build
    49
    Total Floors

    Subdivision Amenities

    Barbecue
    Cabana
    Clubhouse
    Elevators
    Fitness Center
    Hobby Room
    Management
    Playground
    Pool
    Sauna
    Trash

    Miami
    Ultra Luxury
    Ultra Luxury Homes & Condos