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

510,000(-3.92% )
StudioBeds
1Baths
362SqFt

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Details

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Status:
Active
Parking: 1
Size: 362 SqFt (34 m2)
Price: $1,354/SqFt ($14,570/m2)
Type: Condo
Built: 2022
HOA: $680/MO
MLS Number: A11853010
View: Bay
On Site: 33 Days
Updated: 11 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Fully furnished studio at the elser | exceptional value sleek and modern studio located on the 20th floor of the elser, featuring panoramic views of biscayne bay. This 362 sq. Ft. Residence is thoughtfully laid out and offered fully furnished, with a contemporary kitchen, in-unit washer & dryer, and efficient design—ready for immediate use or rental. ideally situated in the heart of downtown miami, the elser offers unparalleled access to dining, shopping, and entertainment. Building amenities include a bayview pool, fitness center, coworking spaces, resident lounge, and 24-hour front desk services. short-term rentals permitted according to condominium association guidelines. Buyer is responsible for confirming rental policies.
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Barbecue
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry,Bar
  • Equipment / Appliances: Dishwasher
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • 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: 2025-08-05T11:57:54.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: 9584
    • Security Information: ComplexFenced
    • Parking Description: OneSpace
    • Total Floors in Building: 44

    Price History

    08/27/2025

    Date

    Price Reduced

    Event

    $490K

    Price

    -3.92%

    Change Rate

    $1,354 ft2 / $14,570 m2

    Price Per

    08/05/2025

    Date

    Listed

    Event

    $510K

    Price

    $1,409 ft2 / $15,165 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Christina Crespo • Majestic Properties LLC • Buyer Agency Compensation .

    Instant Comps

    $900/ft²
    $1,100/ft²
    $1,400/ft²
    $1,700/ft²

    Unit #2016 – Asking

    $1,354/ft²

    (-22%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,725/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 35160/1362$1,705Ocean, Bay, City, Water$617,10012/19/2023
    # 39160/1362$1,745Ocean, Bay, City, Water$631,6008/30/2023
    Unit: # 3516
    Bed/Bath: 0/1Size SqFt: 362$/SqFt: $1,705View: Ocean, Bay, City, WaterSold: $617,100Closed Date: 12/19/2023
    Unit: # 3916
    Bed/Bath: 0/1Size SqFt: 362$/SqFt: $1,745View: Ocean, Bay, City, WaterSold: $631,600Closed Date: 8/30/2023
    THINKING OF SELLING IN The Elser Hotel & Residences at Miami?

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