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The Elser Hotel & Residences, 398 NE 5th St 1515, Miami, FL, Florida 33132

699,000(-7.01% )
$650,000
Estimate Payment
1Beds
1Baths
560SqFt

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Details

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Status:
Active
Parking: 1
Size: 560 SqFt (52 m2)
Price: $1,161/SqFt ($12,494/m2)
Type: Condo
Built: 2022
HOA: $734/MO
MLS Number: A11853208
View: Bay
On Site: 82 Days
Updated: 14 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Live above it all in this elegant one-bedroom suite at the elser, where floor-to-ceiling windows and a private balcony showcase breathtaking views of biscayne bay, sailboats, and the skyview observation wheel. This spacious, high-ceiling unit features designer finishes, a gourmet kitchen, spa-style bath, and luxury bedding. Enjoy 5-star amenities including a wrap-around pool, sky lounge, two-story fitness center, valet, and 24/7 concierge. Ideally located near the kaseya center, bayside, port of miami, parks, and transit. Great opportunity to utilize the hotel program to earn income if you travel away from miami. You can elevate your lifestyle in the heart of downtown miami.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, ClosetCabinetry, EatInKitchen, MainLivingAreaEntryLevel, Other, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 2022
  • Year Built Description: Effective Year Built
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-08-07T14:41:42.000-00:00
    • Pets Allowed: DogsOk,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, Insurance, MaintenanceStructure, Parking, Pools, Trash
    • Taxes: 13062
    • Security Information: ElevatorSecured, KeyCardEntry, Other
    • Parking Description: Attached, Garage, OneSpace, Valet
    • Total Floors in Building: 49
    • Total Units in Complex: 646

    Price History

    10/13/2025

    Date

    Price Reduced

    Event

    $650K

    Price

    -7.01%

    Change Rate

    $1,161 ft2 / $12,494 m2

    Price Per

    09/10/2025

    Date

    Price Reduced

    Event

    $699K

    Price

    -10.9%

    Change Rate

    $1,248 ft2 / $13,436 m2

    Price Per

    08/05/2025

    Date

    Listed

    Event

    $784.5K

    Price

    $1,401 ft2 / $15,079 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Jill Penman • One Sotheby's International Realty • Buyer Agency Compensation .

    Instant Comps

    $900/ft²
    $1,100/ft²
    $1,400/ft²
    $1,700/ft²
    $650K

    Unit #1515 – $1,161/ft²

    (-21%) from Closed Avg.

    $818.6K

    Closed Avg. $1,462/ft²

    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 35151/1560$1,491Bay$835,00012/19/2023
    # 21151/1560$1,395Bay$781,4008/30/2023
    # 24151/1560$1,449Bay$811,3008/30/2023
    # 29151/1560$1,454Bay$814,0008/30/2023
    # 30151/1560$1,459Bay$817,0008/30/2023
    # 36151/1560$1,495Bay$837,0008/30/2023
    # 47151/1560$1,490Bay$834,4008/30/2023
    Unit: # 3515
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,491
    View: Bay
    Sold: $835,000
    Closed Date: 12/19/2023
    Unit: # 2115
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,395
    View: Bay
    Sold: $781,400
    Closed Date: 8/30/2023
    Unit: # 2415
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,449
    View: Bay
    Sold: $811,300
    Closed Date: 8/30/2023
    Unit: # 2915
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,454
    View: Bay
    Sold: $814,000
    Closed Date: 8/30/2023
    Unit: # 3015
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,459
    View: Bay
    Sold: $817,000
    Closed Date: 8/30/2023
    Unit: # 3615
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,495
    View: Bay
    Sold: $837,000
    Closed Date: 8/30/2023
    Unit: # 4715
    Bed/Bath: 1/1
    Size SqFt: 560
    $/SqFt: $1,490
    View: Bay
    Sold: $834,400
    Closed Date: 8/30/2023
    THINKING OF SELLING IN The Elser Hotel & Residences at Miami?

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    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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