Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #2805

$615K14.6%
$525,000
Studio
Beds
1
Baths
442
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
442 SqFt (41 m2)
Price
$1,188/SqFt ($12,785/m2)
Type
Condo
Built
2022
HOA
$494/MO
MLS Number
A11788577
View
Bay
On Site
510 Days
Updated
181 Days ago
Page Views
0
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

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    Price History

    Current
    $525K
    High
    $615K
    Low
    $500K
    Total Change
    -14.6%
    $629K$557K$486KApr 25May 25Jun 25Jun 25Aug 25Oct 25Oct 25Dec 25Jan 26Mar 26
    Date
    Event
    Price
    Change
    Price Per
    03/18/2026
    Price Increased
    $525K
    5%
    $1,188 ft2
    $12,785 m2
    01/26/2026
    Price Increased
    $500K
    0.1%
    $1,131 ft2
    $12,176 m2
    12/22/2025
    Price Reduced
    $500K
    -3.01%
    $1,130 ft2
    $12,164 m2
    10/16/2025
    Price Increased
    $515K
    3%
    $1,165 ft2
    $12,542 m2
    10/15/2025
    Price Reduced
    $500K
    -2.91%
    $1,131 ft2
    $12,176 m2
    08/01/2025
    Price Reduced
    $515K
    -0.96%
    $1,165 ft2
    $12,542 m2
    06/20/2025
    Price Reduced
    $520K
    -0.95%
    $1,176 ft2
    $12,664 m2
    06/03/2025
    Price Reduced
    $525K
    -7.16%
    $1,188 ft2
    $12,785 m2
    05/21/2025
    Price Reduced
    $566K
    -8.05%
    $1,279 ft2
    $13,772 m2
    04/22/2025
    Listed
    $615K
     
    $1,391 ft2
    $14,977 m2
    03/18/2026
    $525K
    Event
    Price Increased
    Change
    5%
    Price Per
    $1,188 ft2
    $12,785 m2
    01/26/2026
    $500K
    Event
    Price Increased
    Change
    0.1%
    Price Per
    $1,131 ft2
    $12,176 m2
    12/22/2025
    $500K
    Event
    Price Reduced
    Change
    -3.01%
    Price Per
    $1,130 ft2
    $12,164 m2
    10/16/2025
    $515K
    Event
    Price Increased
    Change
    3%
    Price Per
    $1,165 ft2
    $12,542 m2
    10/15/2025
    $500K
    Event
    Price Reduced
    Change
    -2.91%
    Price Per
    $1,131 ft2
    $12,176 m2
    08/01/2025
    $515K
    Event
    Price Reduced
    Change
    -0.96%
    Price Per
    $1,165 ft2
    $12,542 m2
    06/20/2025
    $520K
    Event
    Price Reduced
    Change
    -0.95%
    Price Per
    $1,176 ft2
    $12,664 m2
    06/03/2025
    $525K
    Event
    Price Reduced
    Change
    -7.16%
    Price Per
    $1,188 ft2
    $12,785 m2
    05/21/2025
    $566K
    Event
    Price Reduced
    Change
    -8.05%
    Price Per
    $1,279 ft2
    $13,772 m2
    04/22/2025
    $615K
    Event
    Listed
    Price Per
    $1,391 ft2
    $14,977 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Handan Gucyilmaz GunayCays LLC • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    96

    100
    Transit Score®
    Rider's Paradise. World-class public transportation
    99

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    77

    100
    Sound Score®
    Very loud
    65

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    46

    100
    Local Score
    Limited local amenities nearby
    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