Owner & SellerHome ValuePricing

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

Own in The Elser Hotel & Residences?
Own in The Elser Hotel & Residences?
Closed
$365,000
$75K
Estimate Payment $3,106Closing Costs
Studio
Beds
1
Baths
362
SqFt
$1,008
$/SqFt
Ultra Luxury CondoProperty Type
2022Year Built
$1,008/SqFtPrice per sq ft
$474/moHOA Fees
Bay,Ocean,WaterView
YesWaterfront
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
Listing Courtesy Of: Novel Management, LLC.
Local Realty Services Provided By: Best of Luxury Realty
On Site: 367 DaysUpdated: 59 Days agoPage Views: 0

Features

MLS Number: A11892628
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: Effective Year Built
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-10-23T16:19:23.000-00:00
    • 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
    $365K
    High
    $440K
    Low
    $365K
    Total Change
    -17%
    $449K$403K$356KOct 25Nov 25Nov 25Dec 25Dec 25Dec 25Jan 26Dec 25Jan 26
    Date
    Event
    Price
    Change
    Price Per
    01/27/2026
    Sold
    $365K
    0%
    $1,008 ft2
    $10,853 m2
    12/15/2025
    Price Reduced
    $365K
    0%
    $1,008 ft2
    $10,853 m2
    01/27/2026
    Price Reduced
    $365K
    0%
    $1,008 ft2
    $10,853 m2
    12/15/2025
    Price Reduced
    $365K
    -8.52%
    $1,008 ft2
    $10,853 m2
    12/15/2025
    Price Reduced
    $399K
    -2.44%
    $1,102 ft2
    $11,864 m2
    12/01/2025
    Price Reduced
    $409K
    -2.39%
    $1,130 ft2
    $12,162 m2
    11/20/2025
    Price Reduced
    $419K
    -2.33%
    $1,157 ft2
    $12,459 m2
    11/05/2025
    Price Reduced
    $429K
    -2.5%
    $1,185 ft2
    $12,756 m2
    10/08/2025
    Listed
    $440K
     
    $1,215 ft2
    $13,083 m2
    01/27/2026
    $365K
    Event
    Sold
    Change
    0%
    Price Per
    $1,008 ft2
    $10,853 m2
    12/15/2025
    $365K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,008 ft2
    $10,853 m2
    01/27/2026
    $365K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,008 ft2
    $10,853 m2
    12/15/2025
    $365K
    Event
    Price Reduced
    Change
    -8.52%
    Price Per
    $1,008 ft2
    $10,853 m2
    12/15/2025
    $399K
    Event
    Price Reduced
    Change
    -2.44%
    Price Per
    $1,102 ft2
    $11,864 m2
    12/01/2025
    $409K
    Event
    Price Reduced
    Change
    -2.39%
    Price Per
    $1,130 ft2
    $12,162 m2
    11/20/2025
    $419K
    Event
    Price Reduced
    Change
    -2.33%
    Price Per
    $1,157 ft2
    $12,459 m2
    11/05/2025
    $429K
    Event
    Price Reduced
    Change
    -2.5%
    Price Per
    $1,185 ft2
    $12,756 m2
    10/08/2025
    $440K
    Event
    Listed
    Price Per
    $1,215 ft2
    $13,083 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Federico Nunez • Novel Management, LLC. • Buyer Agency Compensation .

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    Community Snapshot
    Studio – 3 BR
    Bedrooms
    $489K – $1.7M
    Price Tier
    341 - 32,286
    SqFt Range
    2022
    Year Build
    49
    Total Floors

    Subdivision Amenities

    Billiards
    Billiards
    Business Center
    Business Center
    Picnic Area
    Picnic Area
    Spa/Hot Tub
    Spa/Hot Tub
    Barbecue
    Cabana
    Clubhouse
    Elevators
    Fitness Center
    Hobby Room
    Management
    Playground
    Pool
    Sauna
    Trash

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    Ultra Luxury
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    Other Miami, FL Homes & Condos Price Range Segments

    Entry-Level
    Entry-Level85
    Premium
    Premium224
    Mid-Tier
    Mid-Tier340
    High-End
    High-End137

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    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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