Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #1902

$495K1.2%
$489,000
Studio
Beds
1
Baths
430
SqFt
Status
Active
Parking
1
Size
430 SqFt (40 m2)
Price
$1,137/SqFt ($12,241/m2)
Type
Condo
Built
2022
HOA
$6,000/MO
MLS Number
A12086164
View
Bay,Other
On Site
4 Days
Updated
1 Days ago
Page Views
0
PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted — and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant by Jaguar Sun, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: Bay,Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, LivingDiningRoom
  • Equipment / Appliances: Dryer, Dishwasher, Microwave, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: None
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other
  • Year Built: 2022
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2026-09-11T11:50:19.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: No info
    • Security Information: KeyCardEntry, LobbySecured
    • Parking Description: OneSpace
    • Total Floors in Building: 49

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    Price History

    Current
    $489K
    High
    $495K
    Low
    $489K
    Total Change
    -1.2%
    $496K$492K$488KSep 26Sep 26
    Date
    Event
    Price
    Change
    Price Per
    09/11/2026
    Price Reduced
    $489K
    -1.21%
    $1,137 ft2
    $12,241 m2
    09/09/2026
    Listed
    $495K
     
    $1,151 ft2
    $12,391 m2
    09/11/2026
    $489K
    Event
    Price Reduced
    Change
    -1.21%
    Price Per
    $1,137 ft2
    $12,241 m2
    09/09/2026
    $495K
    Event
    Listed
    Price Per
    $1,151 ft2
    $12,391 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Zachary FreedmanPink Miami Real Estate • Buyer Agency Compensation .

    Listing Location & Street View
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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