The Elser Hotel & Residences, 398 NE 5th St #2805
1
Beds1
Baths442
SqFt$1,581
$/SqFtUltra Luxury CondoProperty Type
2022Year Built
$1,581/SqFtPrice per sq ft
$680/moHOA Fees
1 carParking Spaces
Intercoastal, Other, Skyline, WaterView
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
Listing Courtesy Of: Cays LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 33 DaysUpdated: 33 Days agoPage Views: 0
Features
MLS Number: A12103466
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Other
- View: Intercoastal, Other, Skyline, Water
Interior, Heating and Cooling
- Interior Features: BreakfastArea, EatInKitchen, Elevator, FirstFloorEntry, LivingDiningRoom, Other, Bar
- Equipment / Appliances: Dryer, Dishwasher, Disposal
- Heating Description: Electric,Other
- Cooling Description: Other
Building and Construction
- Floor Description: CeramicTile
- Windows/Treatment: ImpactGlass
- Year Built: 2022
- Year Built Description: Effective Year Built
- Style: Other
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2026-10-08T17:51:12.000-00:00
- Pets Allowed: CatsOk,DogsOk,Yes
Taxes, Fees & More
- Maintenance Includes: Amenities,CableTv
- Taxes: 10703
- Security Information: DoorMan, ElevatorSecured, FireAlarm, WindowBars
- Parking Description: OneSpace
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/08/2026
Listed
$699K
 $1,581 ft2
$17,023 m2
10/08/2026
$699K
Event
Listed
Price Per
$1,581 ft2
$17,023 m2
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 .
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Community Snapshot
Studio – 4 BR
Bedrooms
$469K – $2M
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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- Renno Mixed0
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- River Run Yacht Club Boatslip4
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- Snug Harbor Townhouse3
- South Bay Estates Mixed2
- South Shenandoah House4
- Stadler Grove House0
- Star Lofts On The Bay Condo1
- Stuarts Multifamily0
- Swannanoa House0
- Tamiami Highlands House1
- Tamiami Trail Park Multifamily1
- The Aston Condo7
- The Bank Condo2
- The Club At Brickell Bay Condo33
- The Crimson Condo10
- The Emerald At Brickell Condo1
- The Flats At Morningside Condo2
- The Grand Condo19
- The Ivy At Riverfront Condo26
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- The Luxor Residences Condo5
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- The Metropolitan Condo5
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- The Palace Condo4
- The Plaza On Brickell West Condo10
- The Sail On Brickell Condo8
- The Woodward Multifamily1
- The Yorker Condo3
- Tierra Alta House3
- Trajune Park House0
- Tranquilla Multifamily2
- Tropical Manor House0
- Twelfth Street Heights House0
- Two Midtown Miami Condo20
- Villa Regina Condo5
- Villaggio In The Grove Tower Condo4
- Villas At 17th St Townhouse1
- Villas Margarita Townhouse0
- Virginia Oaks Condo0
- Vizcayne North Condo25
- Vizcayne South Condo31
- Vue At Brickell Condo17
- Waldin Acres House2
- Walkers House1
- Waterman Park Multifamily3
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- West Flagler Center Le Jeune House0
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- Westgate Multifamily0
- Westlawn House1
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- Westmoreland Mixed6
- Wind Condo23
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- Winona Park House4
- Woodcrest House1
- Woodside Multifamily2
- Zena Gardens House0
High-End
High-End136
- 1010 Brickell Condo12
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- 900 Biscayne Bay Condo26
- Abitare Townhouse0
- Acadia House7
- Ademar Park House4
- Alta Vista House4
- Apogee Townhouse0
- Aria On The Bay Condo31
- Bay Parc Plaza Condo0
- Bayshore House9
- Bayshore Plaza House3
- Biltmore House5
- Biscayne Beach Condo17
- Brentwood House6
- Brickell Broadway Villas Townhouse0
- Brickell Estates House13
- Brickell Hammock House3
- Brickell Harbour Condo3
- Brickell Heights East Mixed25
- Brickell Heights West Condo26
- Brickell House Condo17
- Brickell Terrace Condo1
- Brickells Flagler House4
- Bristol Tower Condo12
- Buena Vista Drive Multifamily1
- Buena Vista Estates Mixed1
- Buena Vista Heights House14
- Carbonell Condo18
- Carolina Park House0
- Carters Townhouse4
- Citrus Park Mixed2
- Cleveland Terrace House2
- Coconut Avenue Villas Townhouse0
- Coconut Developers Townhouse5
- Courts Brickell Key Condo5
- Crystal Heights House1
- Davis Harbor House2
- East Shore Crest House2
- Edison Multifamily2
- El Camino Park House1
- Eleven In The Roads Condo1
- Epic Hotel & Residences Condo28
- Fairview House1
- Four Seasons Hotel Condo8
- French Village In The Grove Townhouse0
- GlassHaus In The Grove Condo0
- Gran Paraiso Condo22
- Grapeland Park House1
- Grove Enclave Townhouse1
- Grove Garden Residences Condo1
- Grove Hill Tower Condo0
- Grove Isle Condo19
- Grove Palms Condo2
- Grove Paradise Townhouse0
- Grove Square Condo1
- Grove Towers Condo2
- Grove Villas Mixed0
- Groveloft Condo0
- Hardie Grove House5
- Holleman Park House11
- Hyde Midtown Condo37
- Icon Brickell Tower 1 Condo55
- Icon Brickell Tower 3 Condo33
- Itabuna Townhouse1
- Kingsway Mixed1
- Klebba Bay Estates House0
- Kumquat Village House0
- L'Hermitage Mixed1
- Livingstone Park Multifamily1
- Lofts At Mayfair Condo2
- Longview Villas House0
- Maison Grove Townhouse0
- Malcolm Peacocks Townhouse1
- Mayfield Condo0
- Mutiny Park Hotel Arya Condo6
- Natiivo Miami Condo74
- New Belle Meade House2
- New Wave Condo7
- Ohio Street Area Townhouse1
- One Bay Residences Mixed4
- One Paraiso Condo11
- One Tequesta Point Condo7
- Overbrook Park Multifamily5
- Palm Terrace Townhouse0
- Paraiso Bay Condo25
- Paraiso Bayviews Condo36
- Paramount Bay Condo18
- Parisian Village In The Grove Townhouse0
- Park Plaza House0
- Parkdale Heights House0
- Percival Gardens House0
- Pleasant Grove Multifamily1
- Portofino Townhouse0
- Provence Village In The Grove Townhouse0
- Quadro Condo27
- Reach Brickell City Centre Condo25
- Residences At Riverwalk Condo2
- Rise Brickell City Centre Mixed39
- Ritz Carlton South Beach Condo0
- Robbins-Graham & Chillingsworth Land1
- Rock Reef House0
- Rosemount Multifamily2
- Santa Maria Condo2
- Sawyer & Roberts Multifamily0
- Serendipity In The Grove Townhouse0
- Shore Acres House2
- Silver Bluff Estates House12
- Silver Crest House1
- SLS Brickell Condo43
- SLS Lux Brickell Condo53
- Smart Brickell 1 Condo7
- South Two Seven Lofts Condo1
- South Vedado House0
- Stirrup Grove Mixed0
- Stuart Terrace House1
- Ten Museum Park Residential Condo17
- The Bond On Brickell Condo20
- The Coconut Grove Bayshore Condo0
- The Monarch Grove Condo1
- The Mutiny Condo5
- The Oaks Townhouse0
- The Plaza On Brickell East Condo18
- Thomas Grove Condo2
- Three Tequesta Point Condo12
- Tigers Ten Mixed1
- Tigertail Bay Condo2
- Tigertail Place Condo0
- Two Tequesta Point Condo7
- Victory Homesites Mixed1
- Villa Brickell Condo2
- Virginia Pointe Condo0
- Washington Place House4
- Waterbury House0
- Wyndwood Park Mixed25
- YotelPad Miami Condo24
Miami, FL Nearby Cities
$3.8M - $57M
$8K - $48K
$2K - $110M
$2K - $495K
$999K - $23.5M
$30K - $30K
$130K - $2M
$2K - $3K
$220K - $850K
$0 - $0