Near you
Finding buildings near you…
Counties
The Elser Hotel & Residences, 398 NE 5th St #2503
Share
Closed
1
Beds1
Baths439
SqFtStatus
Sold - Dec 15, 2025
Parking
1
Size
439 SqFt (41 m2)
Price
$1,082/SqFt ($11,647/m2)
Type
Condo
Built
2022
HOA
$455/MO
MLS Number
R11094556
View
Bay
On Site
474 Days
Updated
26 Days ago
Page Views
0
Enjoy the best of both worlds—own your Miami pied-à-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern décor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony, OutdoorLivingArea
- View: Bay
Interior, Heating and Cooling
- Interior Features: ClosetCabinetry,None
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Washer
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Year Built: 2022
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2025-05-28T21:50:19.000-00:00
- Directions: East
- Pets Allowed: Yes
Taxes, Fees & More
- Maintenance Includes: CommonAreas, CableTv, HotWater, MaintenanceGrounds, Security, Trash, Water
- Taxes: 11178.5
- Security Information: SecuritySystem, FireAlarm, GatedCommunity, LobbySecured, SmokeDetectors
- Parking Description: Assigned, Covered, Garage
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$475K
High
$589K
Low
$475K
Total Change
-19.4%Date
Event
Price
Change
Price Per
12/15/2025
Sold
$475K
0%$1,082 ft2
$11,647 m2
09/16/2025
Price Reduced
$475K
-4.04%$1,082 ft2
$11,647 m2
09/16/2025
Price Reduced
$495K
-2.56%$1,128 ft2
$12,137 m2
09/05/2025
Price Reduced
$508K
-0.2%$1,157 ft2
$12,456 m2
07/31/2025
Price Reduced
$509K
-0.2%$1,159 ft2
$12,480 m2
07/23/2025
Price Reduced
$510K
-7.27%$1,162 ft2
$12,505 m2
07/21/2025
Price Reduced
$550K
-6.62%$1,253 ft2
$13,486 m2
05/28/2025
Listed
$589K
$1,342 ft2
$14,442 m2
12/15/2025
$475K
Event
Sold
Change
0%Price Per
$1,082 ft2
$11,647 m2
09/16/2025
$475K
Event
Price Reduced
Change
-4.04%Price Per
$1,082 ft2
$11,647 m2
09/16/2025
$495K
Event
Price Reduced
Change
-2.56%Price Per
$1,128 ft2
$12,137 m2
09/05/2025
$508K
Event
Price Reduced
Change
-0.2%Price Per
$1,157 ft2
$12,456 m2
07/31/2025
$509K
Event
Price Reduced
Change
-0.2%Price Per
$1,159 ft2
$12,480 m2
07/23/2025
$510K
Event
Price Reduced
Change
-7.27%Price Per
$1,162 ft2
$12,505 m2
07/21/2025
$550K
Event
Price Reduced
Change
-6.62%Price Per
$1,253 ft2
$13,486 m2
05/28/2025
$589K
Event
Listed
Price Per
$1,342 ft2
$14,442 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gulay Ozer • Heartland Realty Group LLC • Buyer Agency Compensation .
Listing Location & Street View
Peer Listings
Active listings from matched communities
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear
when matching listings appear
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
Miami Ultra Luxury Ultra Luxury Homes & Condos
- Aqua Marine Mixed1
- Asia Condo14
- Aston Martin Residences Condo7
- Banks House0
- Bay Homes House1
- Bay Point House6
- Beacon Harbour Condo1
- Belle Meade Island House2
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo29
- Camner Gables House0
- Club Residences At Park Grove Condo4
- Coconut Grove Park House5
- Crystal Bluff House1
- East Utopia House0
- Echo Brickell Condo27
- Eleda House0
- Elysee Condo9
- Enchanted Grove Townhouse0
- Entrada House0
- Ewanton Heights House0
- Fairhaven House1
- Four Seasons Residences Condo8
- Four Way Lodge Estates House1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo2
- Grovenor House Condo5
- Hardies Multifamily0
- J W Ewans House1
- King Park House2
- Leeward Cove Land0
- Lennox Park House0
- Missoni Baia Condo20
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo2
- One Thousand Museum Condo8
- One Thousand Venetian Way Mixed6
- Park Manor House0
- Pent Homestead Townhouse0
- Pomona House1
- Residences At Vizcaya Condo2
- Rockerman Heights House1
- San Marco House7
- Sans Souci House0
- Sunshine Vistas House5
- The Elser Hotel & Residences Condo57
- The Fairchild Condo4
- The Justison & Frantz House0
- The Moorings House6
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo4
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo1
- Una Residences Condo17
- W H Snipes House0
- Ye Little Wood House0
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.
Copyright © 2026 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.