Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #1905

$450K6.7%
$420,000
1
Beds
1
Baths
442
SqFt
Status
Sold - Apr 20, 2026
Parking
1
Size
442 SqFt (41 m2)
Price
$950/SqFt ($10,228/m2)
Type
Condo
Built
2022
HOA
$680/MO
MLS Number
A11941693
View
Bay,City
On Site
249 Days
Updated
19 Days ago
Page Views
0
THE BEST VALUED UNIT AT THE ELSER – PRICED TO SELL IMMEDIATELY! Experience the pinnacle of luxury in Downtown Miami. This is officially the lowest-priced unit in the entire building, offering an unbeatable entry point for investors or primary residents. Fully furnished and turnkey, this residence features breathtaking, unobstructed views of Biscayne Bay and the Miami skyline. The Elser stands alone with its flexible Short-Term Rental (Daily) or annual policy, making this a great opportunit. Interior highlights: Ultra-modern finishes, full kitchen, King bed + sofa sleeper, in-unit W/D, and smart home tech. Steps from the Port of Miami, Kaseya Center (Arena), Miami Worldcenter, and the Brightline. World-class amenities include the iconic rooftop pool deck, 2-story fitness center, and co-working lab. HOA includes Wi-Fi and Cable. Don't overpay—grab the best deal in the building today.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay,City
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, BedroomOnMainLevel, HandicapAccess, Other, ShowerOnly, Elevator, Bar
  • Equipment / Appliances: Dryer, Dishwasher, Disposal, IceMaker, Microwave, Other, Refrigerator, TrashCompactor, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: ImpactGlass
  • 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: 2026-01-09T17:13:08.000-00:00
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, MaintenanceStructure
    • Taxes: 10609
    • Security Information: ElevatorSecured, KeyCardEntry, LobbySecured, SecurityGuard, SmokeDetectors
    • Parking Description: OneSpace
    • Total Floors in Building: 49

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    Price History

    Current
    $420K
    High
    $450K
    Low
    $420K
    Total Change
    -6.7%
    $454K$435K$416KJan 26Jan 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/20/2026
    Sold
    $420K
    0%
    $950 ft2
    $10,228 m2
    01/08/2026
    Price Reduced
    $420K
    -6.67%
    $950 ft2
    $10,228 m2
    01/08/2026
    Listed
    $450K
     
    $1,018 ft2
    $10,959 m2
    04/20/2026
    $420K
    Event
    Sold
    Change
    0%
    Price Per
    $950 ft2
    $10,228 m2
    01/08/2026
    $420K
    Event
    Price Reduced
    Change
    -6.67%
    Price Per
    $950 ft2
    $10,228 m2
    01/08/2026
    $450K
    Event
    Listed
    Price Per
    $1,018 ft2
    $10,959 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Fernando CoserColdwell Banker Realty • 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