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The Elser Hotel & Residences, 398 NE 5th St #2403
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Closed
$415,000
1
Beds1
Baths490
SqFtStatus
Sold - Jun 24, 2026
Parking
1
Size
490 SqFt (46 m2)
Price
$847/SqFt ($9,116/m2)
Type
Condo
Built
2022
HOA
$680/MO
MLS Number
R11156917
View
Bay,City,Ocean
On Site
236 Days
Updated
6 Days ago
Page Views
0
Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and stylish finishes. Enjoy resort-style amenities such as a 132-ft rooftop pool with LED screen, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, lobby bar, and 24/7 concierge. Short-term rentals allowed through in-house or approved management.
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony, OutdoorLivingArea
- View: Bay,City,Ocean
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures,None
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Refrigerator, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Construction Type: MultiFamily
- Year Built: 2022
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: Frederick Douglass
- Middle School: Jose De Diego
- Senior High School: Booker T. Washington
Other Property Info
- Garage: 1
- Listing Date: 2026-01-22T15:40:34.000-00:00
- Directions: Southeast
- Pets Allowed: NumberLimit, PetRestrictions, Yes
Taxes, Fees & More
- Maintenance Includes: CommonAreas, Hvac, Insurance, MaintenanceStructure
- Taxes: 10769.3
- Security Information: SecuritySystem
- Parking Description: Assigned, Garage, Guest
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$415K
High
$415K
Low
$410K
Total Change
1.2%Date
Event
Price
Change
Price Per
06/24/2026
Sold
$415K
0%$847 ft2
$9,116 m2
06/24/2026
Price Reduced
$415K
0%$847 ft2
$9,116 m2
07/13/2026
Price Increased
$415K
1.22%$847 ft2
$9,116 m2
06/10/2026
Price Reduced
$410K
0%$837 ft2
$9,007 m2
01/23/2026
Listed
$410K
$837 ft2
$9,007 m2
06/24/2026
$415K
Event
Sold
Change
0%Price Per
$847 ft2
$9,116 m2
06/24/2026
$415K
Event
Price Reduced
Change
0%Price Per
$847 ft2
$9,116 m2
07/13/2026
$415K
Event
Price Increased
Change
1.22%Price Per
$847 ft2
$9,116 m2
06/10/2026
$410K
Event
Price Reduced
Change
0%Price Per
$837 ft2
$9,007 m2
01/23/2026
$410K
Event
Listed
Price Per
$837 ft2
$9,007 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Daniela Rivera • Luxe Properties • 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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