South Florida
The Elser Hotel & Residences, 398 NE 5th St #1516, Miami, FL 33132
475,000(-5.26% )
$450,000Price
StudioBeds
1Baths
362SqFt
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Details
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Status:
Active
Parking: 1
Size: 362 SqFt (34 m2)
Price: $1,243/SqFt ($13,381/m2)
Type: Condo
Built: 2022
HOA: $557/MO
MLS Number: A11763592
View: City,Ocean,Water
On Site: 137 Days
Updated: 5 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Turnkey studio with water and skyline views at downtown miami’s premier condo-hotel, the elser hotel & residences. Fully furnished with smart access, floor-to-ceiling windows, and designer finishes. Prime location steps from bayfront park, kaseya center, bayside, and miami worldcenter. Enjoy resort-style amenities: rooftop pool with massive led screen, full gym, spa, lounge, bar, and 24/7 concierge. Flexible short-term rental use allowed through in-house and approved management companies. Ideal for personal use and income generation when not in residence.
Features
Bedrooms
- Bedrooms: No info
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony, SecurityHighImpactDoors
- View: City,Ocean,Water
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, Elevator, Bar
- Equipment / Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: CeramicTile
- Windows/Treatment: ImpactGlass
- Year Built: 2022
- Year Built Description: Condo-Hotel
- Style: HighRise
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: 1
- Listing Date: 2025-03-20T09:28:07.000-00:00
- Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
- Maintenance Includes: Amenities, CommonAreas, CableTv, Internet, MaintenanceStructure, Parking, Pools, Sewer, Security, Trash, Water
- Taxes: 9444
- Security Information: DoorMan, SmokeDetectors
- Parking Description: Attached, Garage, Valet
- Total Floors in Building: 49
- Total Units in Complex: 646
Price History
07/30/2025
Date
Price Reduced
Event
$450K
Price
-5.26%
Change Rate
$1,243 ft2 / $13,381 m2
Price Per
06/11/2025
Date
Price Reduced
Event
$475K
Price
-4.81%
Change Rate
$1,312 ft2 / $14,124 m2
Price Per
05/22/2025
Date
Price Reduced
Event
$499K
Price
-3.85%
Change Rate
$1,378 ft2 / $14,838 m2
Price Per
04/09/2025
Date
Price Reduced
Event
$519K
Price
-4.77%
Change Rate
$1,434 ft2 / $15,432 m2
Price Per
03/14/2025
Date
Listed
Event
$545K
Price
$1,506 ft2 / $16,205 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joseph Mooradian • Real Broker LLC • Buyer Agency Compensation .
Instant Comps
$900/ft²
$1,100/ft²
$1,400/ft²
$1,700/ft²
Unit #1516 – Asking
$1,243/ft²
(-28%) from Closed Avg. $/ft²
Closed Avg. $/ft²
$1,725/ft²
Community $/Price Range (Closed) $1041/ft² – $1589/ft²
| Unit | Bed/Bath | Size SqFt | $/SqFt | Exposure | View | Sold | Closed Date |
|---|---|---|---|---|---|---|---|
| # 3516 | 1/0 | 362 | $1,705 | Ocean, Bay, City, Water | $617,100 | 12/19/2023 | |
| # 3916 | 1/0 | 362 | $1,745 | Ocean, Bay, City, Water | $631,600 | 8/30/2023 |
Unit: # 3516
Bed/Bath: 1/0Size SqFt: 362$/SqFt: $1,705View: Ocean, Bay, City, WaterSold: $617,100Closed Date: 12/19/2023Unit: # 3916
Bed/Bath: 1/0Size SqFt: 362$/SqFt: $1,745View: Ocean, Bay, City, WaterSold: $631,600Closed Date: 8/30/2023THINKING OF SELLING IN The Elser Hotel & Residences at Miami?
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