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The Elser Hotel & Residences, 398 NE 5th St #2016
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Closed
Studio
Beds1
Baths362
SqFtStatus
Sold - Jan 27, 2026
Parking
No info
Size
362 SqFt (34 m2)
Price
$1,008/SqFt ($10,853/m2)
Type
Condo
Built
2022
HOA
$474/MO
MLS Number
A11892628
View
Bay,Ocean,Water
On Site
326 Days
Updated
18 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: 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
Apples-to-Apples Comparables
Price History
Current
$365K
High
$440K
Low
$365K
Total Change
-17%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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Scores
96
100
99
100
77
100
65
100
0
100
46
100
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
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