Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #2016

$590K7.6%
$545,000
Studio
Beds
1
Baths
362
SqFt
Status
OFF MARKETExpired
Parking
1
Size
362 SqFt (34 m2)
Price
$1,506/SqFt ($16,205/m2)
Type
Condo
Built
2022
HOA
$474/MO
MLS Number
A11678176
View
Bay,Ocean,Water
On Site
693 Days
Updated
546 Days ago
Page Views
0
Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Ocean,Water
Interior, Heating and Cooling
  • Interior Features: ClosetCabinetry,Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 2022
  • Year Built Description: Condo-Hotel
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-10-22T11:49:36.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTv, Internet, Water
    • Taxes: 9440
    • Security Information: DoorMan, ElevatorSecured, LobbySecured, SmokeDetectors
    • Parking Description: OneSpace,Valet
    • Total Floors in Building: 49

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    Price History

    Current
    $545K
    High
    $590K
    Low
    $545K
    Total Change
    -7.6%
    $595K$568K$540KOct 24Nov 24Dec 24Feb 25
    Date
    Event
    Price
    Change
    Price Per
    02/11/2025
    Price Reduced
    $545K
    -4.22%
    $1,506 ft2
    $16,205 m2
    12/19/2024
    Price Reduced
    $569K
    -1.9%
    $1,572 ft2
    $16,919 m2
    11/18/2024
    Price Reduced
    $580K
    -1.69%
    $1,602 ft2
    $17,246 m2
    10/17/2024
    Listed
    $590K
     
    $1,630 ft2
    $17,544 m2
    02/11/2025
    $545K
    Event
    Price Reduced
    Change
    -4.22%
    Price Per
    $1,506 ft2
    $16,205 m2
    12/19/2024
    $569K
    Event
    Price Reduced
    Change
    -1.9%
    Price Per
    $1,572 ft2
    $16,919 m2
    11/18/2024
    $580K
    Event
    Price Reduced
    Change
    -1.69%
    Price Per
    $1,602 ft2
    $17,246 m2
    10/17/2024
    $590K
    Event
    Listed
    Price Per
    $1,630 ft2
    $17,544 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Federico NunezNovel Management, LLC. • 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