South Florida
The Elser Hotel & Residences, 398 NE 5th St #2805, Miami, FL 33132
520,000(-0.96% )
Details
Save
Status:
Active
Parking: No info
Size: 442 SqFt (41 m2)
Price: $1,165/SqFt ($12,542/m2)
Type: Condo
Built: 2022
HOA: $494/MO
MLS Number: A11788577
View: Bay
On Site: 111 Days
Updated: 11 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Discover the epitome of luxury and convenience with this stunning studio unit in the heart of downtown miami. Spanning 496 sqft, this fully furnished studio is designed to impress, featuring a fully-equipped kitchen, a plush king-size bed, a pull-out couch, in-unit washer and dryer, and a large flat-screen tv. Floor-to-ceiling windows showcase breathtaking views of biscayne bay and the vibrant miami skyline. Positioned in a prime location, you'll enjoy seamless access to world-class destinations such as the kaseya center, brickell financial district, and the port of miami. The property offers exceptional amenities, including a resort-style pool, a state-of-the-art two-story fitness center, valet parking, and much more. With high income potential and no rental restrictions.
Features
Bedrooms
- Bedrooms: No info
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony
- View: Bay
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, FirstFloorEntry, Bar
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, Washer
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Tile
- Windows/Treatment: ImpactGlass
- 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: 2025-04-23T08:45:31.000-00:00
- Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
- Maintenance Includes: Amenities, CommonAreas, CableTv, HotWater, Internet, MaintenanceStructure, Parking, Pools, Sewer, Security, Trash, Water
- Taxes: 11281
- Security Information: ClosedCircuitCameras, DoorMan, ElevatorSecured, LobbySecured, SmokeDetectors
- Parking Description: Assigned, Attached, Garage, Valet
- Total Floors in Building: 49
Price History
08/01/2025
Date
Price Reduced
Event
$515K
Price
-0.96%
Change Rate
$1,165 ft2 / $12,542 m2
Price Per
06/20/2025
Date
Price Reduced
Event
$520K
Price
-0.95%
Change Rate
$1,176 ft2 / $12,664 m2
Price Per
06/03/2025
Date
Price Reduced
Event
$525K
Price
-7.16%
Change Rate
$1,188 ft2 / $12,785 m2
Price Per
05/21/2025
Date
Price Reduced
Event
$565.5K
Price
-8.05%
Change Rate
$1,279 ft2 / $13,772 m2
Price Per
04/22/2025
Date
Listed
Event
$615K
Price
$1,391 ft2 / $14,977 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Handan Gucyilmaz Gunay • Cays LLC • Buyer Agency Compensation .
Instant Comps
$900/ft²
$1,100/ft²
$1,400/ft²
$1,700/ft²
Unit #2805 – Asking
$1,165/ft²
(-27%) from Closed Avg. $/ft²
Closed Avg. $/ft²
$1,602/ft²
Community $/Price Range (Closed) $1041/ft² – $1589/ft²
| Unit | Bed/Bath | Size SqFt | $/SqFt | Exposure | View | Sold | Closed Date |
|---|---|---|---|---|---|---|---|
| # 4105 | 1/0 | 442 | $1,086 | Northeast | City | $480,000 | 7/23/2025 |
| # 4005 | 1/1 | 442 | $1,389 | Northeast | Bay, City | $614,000 | 4/17/2024 |
| # 4405 | 1/1 | 442 | $1,749 | Northeast | Bay, City | $772,900 | 2/29/2024 |
| # 4605 | 1/1 | 442 | $1,741 | Northeast | Bay, City | $769,600 | 12/19/2023 |
| # 4705 | 1/1 | 442 | $1,763 | Northeast | Bay, City | $779,300 | 12/19/2023 |
| # 1905 | 1/1 | 442 | $1,613 | Northeast | Bay, City | $712,900 | 8/30/2023 |
| # 3805 | 1/1 | 442 | $1,719 | Northeast | Bay, City | $760,000 | 8/30/2023 |
| # 4505 | 1/1 | 442 | $1,754 | Northeast | Bay, City | $775,100 | 8/30/2023 |
Unit: # 4105
Bed/Bath: 1/0Size SqFt: 442$/SqFt: $1,086Exposure: NortheastView: CitySold: $480,000Closed Date: 7/23/2025Unit: # 4005
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,389Exposure: NortheastView: Bay, CitySold: $614,000Closed Date: 4/17/2024Unit: # 4405
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,749Exposure: NortheastView: Bay, CitySold: $772,900Closed Date: 2/29/2024Unit: # 4605
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,741Exposure: NortheastView: Bay, CitySold: $769,600Closed Date: 12/19/2023Unit: # 4705
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,763Exposure: NortheastView: Bay, CitySold: $779,300Closed Date: 12/19/2023Unit: # 1905
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,613Exposure: NortheastView: Bay, CitySold: $712,900Closed Date: 8/30/2023Unit: # 3805
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,719Exposure: NortheastView: Bay, CitySold: $760,000Closed Date: 8/30/2023Unit: # 4505
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,754Exposure: NortheastView: Bay, CitySold: $775,100Closed Date: 8/30/2023THINKING OF SELLING IN The Elser Hotel & Residences at Miami?
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