The Elser Hotel & Residences, 398 NE 5th St #3709
Closed
2
Beds2
Baths983
SqFt$1,170
$/SqFtUltra Luxury CondoProperty Type
2022Year Built
$1,170/SqFtPrice per sq ft
$1,512/moHOA Fees
1 carParking Spaces
Ocean,OtherView
Fully furnished, short-term rental friendly luxury condominium located in one of the most desirable lines in the building. This residence offers a spacious wrapped around balcony overlooking Downtown Miami and the waterfront. Enjoy floor-to-ceiling impact glass, and a modern open layout designed for both personal use and income potential. Turnkey interior allows for immediate occupancy or rental. Building amenities include a waterfront pool deck with private cabanas, fitness center with classes, coworking spaces, lounges and cafés, 24/7 valet and concierge, on-site dining and cocktail bar, and direct access to the Biscayne Bay entertainment district. Conveniently located minutes from Bayside Marketplace, Kaseya Center, Brightline Station, PortMiami, and Miami Worldcenter.
Listing Courtesy Of: Luxe Properties
Local Realty Services Provided By: Best of Luxury Realty
On Site: 331 DaysUpdated: 44 Days agoPage Views: 0
Features
MLS Number: R11144068
Bedrooms
- Bedrooms: 2
Bathrooms
- Bathrooms: 2
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony, OutdoorLivingArea
- View: Ocean,Other
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures, BreakfastArea, ClosetCabinetry, DualSinks, EntranceFoyer, Elevator, MultiplePrimarySuites, WalkInClosets
- Equipment / Appliances: Dryer, ElectricRange, FreeStandingFreezer, Refrigerator, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Wood
- 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: 2025-11-28T20:42:39.000-00:00
- Directions: Southwest
- Pets Allowed: NumberLimit, PetRestrictions, Yes
Taxes, Fees & More
- Maintenance Includes: Insurance, MaintenanceStructure, Security, Water
- Taxes: 27998.8
- Security Information: SecuritySystem
- Parking Description: Assigned, Covered, Garage, Guest
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.5M
Low
$1.2M
Total Change
-23.3%Date
Event
Price
Change
Price Per
04/24/2026
Sold
$1.2M
0%$1,170 ft2
$12,593 m2
02/14/2026
Price Reduced
$1.2M
0%$1,170 ft2
$12,593 m2
04/24/2026
Price Reduced
$1.2M
0%$1,170 ft2
$12,593 m2
02/14/2026
Price Reduced
$1.2M
-4.17%$1,170 ft2
$12,593 m2
02/14/2026
Price Reduced
$1.2M
-20%$1,221 ft2
$13,140 m2
11/28/2025
Listed
$1.5M
 $1,526 ft2
$16,425 m2
04/24/2026
$1.2M
Event
Sold
Change
0%Price Per
$1,170 ft2
$12,593 m2
02/14/2026
$1.2M
Event
Price Reduced
Change
0%Price Per
$1,170 ft2
$12,593 m2
04/24/2026
$1.2M
Event
Price Reduced
Change
0%Price Per
$1,170 ft2
$12,593 m2
02/14/2026
$1.2M
Event
Price Reduced
Change
-4.17%Price Per
$1,170 ft2
$12,593 m2
02/14/2026
$1.2M
Event
Price Reduced
Change
-20%Price Per
$1,221 ft2
$13,140 m2
11/28/2025
$1.5M
Event
Listed
Price Per
$1,526 ft2
$16,425 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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Community Snapshot
Studio – 3 BR
Bedrooms
$489K – $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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- Waldin Acres House2
- Walkers House1
- Washburns Multifamily1
- Waterman Park Multifamily4
- Watson House0
- Webster Terrace Multifamily1
- West Flagler Center Le Jeune House0
- West Flagler Park House7
- Westlawn House2
- Westmoor House2
- Westmoreland Mixed6
- Wind Condo26
- Windsor Terrace House0
- Winona Park House4
- Zena Gardens House0
High-End
High-End137
- 1010 Brickell Condo16
- 1600 South Bayshore Ln Condo0
- 2977 Bridgeport Ave Condo0
- 900 Biscayne Bay Condo15
- Abitare Townhouse0
- Acadia House6
- Ademar Park House4
- Apogee Townhouse0
- Aria On The Bay Condo30
- Asia Condo13
- Athens House0
- Bay Heights House4
- Bayshore House9
- Bayshore Plaza House2
- Biltmore House6
- Biscayne Beach Condo19
- Brentwood House5
- Brickell Broadway Villas Townhouse0
- Brickell Estates House12
- Brickell Heights East Mixed28
- Brickell Heights West Condo24
- Brickell House Condo14
- Brickell Terrace Condo1
- Brickells Flagler House2
- Bristol Tower Condo10
- Buena Vista Drive Multifamily1
- Buena Vista Estates Mixed1
- Buena Vista Heights House13
- Carbonell Condo17
- Carolina Court House1
- Carolina Park House0
- Carters Townhouse4
- Coconut Avenue Villas Townhouse0
- Coconut Developers Townhouse5
- Crystal Heights House1
- Davis Harbor House2
- Day Avenue Area Townhouse0
- De Hedouvilles House1
- Eleven In The Roads Condo1
- Epic Hotel & Residences Condo27
- Fairview House1
- Four Seasons Hotel Condo9
- French Village In The Grove Townhouse0
- GlassHaus In The Grove Condo0
- Gran Paraiso Condo21
- Grapeland Park House1
- Grove Enclave Townhouse0
- Grove Garden Residences Condo1
- Grove Hill Tower Condo0
- Grove Isle Condo17
- Grove Palms Condo2
- Grove Paradise Townhouse0
- Grove Square Condo0
- Grove Towers Condo3
- Grove Villas Mixed0
- Groveloft Condo0
- Hardie Grove House4
- Holleman Park House10
- Hyde Midtown Condo35
- Icon Brickell Tower 1 Condo50
- Icon Brickell Tower 3 Condo37
- Jade Residences At Brickell Bay Condo19
- Kingsway Mixed1
- Kumquat Village House0
- L'Hermitage Mixed1
- Lofts At Mayfair Condo3
- Longview Villas House0
- Magnolia Park Townhouse1
- Maison Grove Townhouse0
- Malcolm Peacocks Townhouse0
- Mayfield Condo0
- Mediterraneo In The Grove Townhouse0
- Milledge Heights House0
- Missoni Baia Condo23
- Mutiny Park Hotel Arya Condo6
- Natiivo Miami Condo68
- New Belle Meade House1
- Ohio Street Area Townhouse1
- One Bay Residences Mixed2
- One Paraiso Condo11
- One Tequesta Point Condo6
- Overbrook Park Multifamily3
- Palm Terrace Townhouse0
- Paraiso Bay Condo25
- Paraiso Bayviews Condo37
- Paramount Bay Condo14
- Parisian Village In The Grove Townhouse0
- Park Plaza House1
- Percival Gardens House0
- Portofino Townhouse0
- Provence Village In The Grove Townhouse0
- Quadro Condo23
- Reach Brickell City Centre Condo27
- Residences At Riverwalk Condo1
- Rhodes House0
- Rise Brickell City Centre Mixed40
- 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 House8
- SLS Brickell Condo43
- SLS Lux Brickell Condo49
- Smart Brickell 1 Condo9
- South Bay Terrace Mixed1
- South Two Seven Lofts Condo1
- South Vedado House0
- St Louis Condo0
- Stirrup Grove Mixed0
- Stuart Terrace House1
- Tamiami Heights House1
- The Bond On Brickell Condo18
- The Coconut Grove Bayshore Condo0
- The Grove Club Condo1
- The Mutiny Condo5
- The Oaks Townhouse0
- The Orange Grove Townhouse0
- The Plaza On Brickell East Condo17
- Three Tequesta Point Condo11
- Tigertail Bay Condo1
- Tigertail Place Condo0
- Two Tequesta Point Condo5
- Utopia House2
- Victory Homesites Mixed1
- Villas At Buena Vista Mixed1
- Virginia Pointe Condo0
- Washington Place House2
- Waterbury House1
- Woodcrest House2
- Woodside Multifamily2
- Wyndwood Park Mixed25
- Yacht Harbour Condo3
- YotelPad Miami Condo24
Miami, FL Nearby Cities
$3.8M - $57M
$8K - $48K
$2K - $110M
$2K - $495K
$999K - $23.5M
$30K - $35K
$130K - $2M
$2K - $4K
$110K - $850K
$0 - $0