Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #1809

$1.8M33%
$1,199,000
3
Beds
3
Baths
976
SqFt
Status
OFF MARKETExpired
Parking
1
Size
976 SqFt (91 m2)
Price
$1,228/SqFt ($13,223/m2)
Type
Condo
Built
2022
HOA
$1,501/MO
MLS Number
A11815860
View
Bay, City, Intercoastal, Ocean, Water
On Site
460 Days
Updated
186 Days ago
Page Views
0
Fully furnished 3BD/3BA at The Elser Hotel & Residences—Downtown Miami’s premier bayfront condo with NO RENTAL RESTRICTIONS, ideal for AIRBNB or daily rentals. Enjoy stunning DIRECT water views PLUS downtown skyline views from wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay, City, Intercoastal, Ocean, Water
Interior, Heating and Cooling
  • Interior Features: BreakfastBar, BedroomOnMainLevel, ClosetCabinetry, EntranceFoyer, EatInKitchen, FamilyDiningRoom, Other, WalkInClosets, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Other, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Hardwood,Tile,Wood
  • 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: 2025-06-12T14:48:30.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, Electricity, MaintenanceGrounds, MaintenanceStructure, Parking, Pools, Sewer, Security, Trash, Water
    • Taxes: 26278
    • Security Information: ElevatorSecured, SecuredGarageParking, KeyCardEntry, FireSprinklerSystem, SmokeDetectors
    • Parking Description: OneSpace,Valet
    • Total Floors in Building: 47

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    Price History

    Current
    $1.2M
    High
    $1.8M
    Low
    $1.2M
    Total Change
    -33%
    $1.9M$1.5M$1.1MJun 25Jul 25Jul 25Aug 25Sep 25Sep 25Oct 25Jan 26Mar 26
    Date
    Event
    Price
    Change
    Price Per
    03/13/2026
    Price Reduced
    $1.2M
    -14.36%
    $1,228 ft2
    $13,223 m2
    01/20/2026
    Price Reduced
    $1.4M
    -6.67%
    $1,434 ft2
    $15,440 m2
    10/16/2025
    Price Reduced
    $1.5M
    -1.64%
    $1,537 ft2
    $16,543 m2
    09/29/2025
    Price Reduced
    $1.5M
    -1.61%
    $1,563 ft2
    $16,819 m2
    09/11/2025
    Price Reduced
    $1.6M
    -1.59%
    $1,588 ft2
    $17,094 m2
    08/29/2025
    Price Reduced
    $1.6M
    -1.56%
    $1,614 ft2
    $17,370 m2
    07/17/2025
    Price Reduced
    $1.6M
    -3.03%
    $1,639 ft2
    $17,646 m2
    07/07/2025
    Price Reduced
    $1.7M
    -7.82%
    $1,691 ft2
    $18,197 m2
    06/04/2025
    Listed
    $1.8M
     
    $1,834 ft2
    $19,741 m2
    03/13/2026
    $1.2M
    Event
    Price Reduced
    Change
    -14.36%
    Price Per
    $1,228 ft2
    $13,223 m2
    01/20/2026
    $1.4M
    Event
    Price Reduced
    Change
    -6.67%
    Price Per
    $1,434 ft2
    $15,440 m2
    10/16/2025
    $1.5M
    Event
    Price Reduced
    Change
    -1.64%
    Price Per
    $1,537 ft2
    $16,543 m2
    09/29/2025
    $1.5M
    Event
    Price Reduced
    Change
    -1.61%
    Price Per
    $1,563 ft2
    $16,819 m2
    09/11/2025
    $1.6M
    Event
    Price Reduced
    Change
    -1.59%
    Price Per
    $1,588 ft2
    $17,094 m2
    08/29/2025
    $1.6M
    Event
    Price Reduced
    Change
    -1.56%
    Price Per
    $1,614 ft2
    $17,370 m2
    07/17/2025
    $1.6M
    Event
    Price Reduced
    Change
    -3.03%
    Price Per
    $1,639 ft2
    $17,646 m2
    07/07/2025
    $1.7M
    Event
    Price Reduced
    Change
    -7.82%
    Price Per
    $1,691 ft2
    $18,197 m2
    06/04/2025
    $1.8M
    Event
    Listed
    Price Per
    $1,834 ft2
    $19,741 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Sepehr NiakanBlackbook Properties • 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