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The Elser Hotel & Residences, 398 NE 5th St #3714
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OFF MARKET
1
Beds2
Baths665
SqFtStatus
OFF MARKETExpired
Parking
1
Size
665 SqFt (62 m2)
Price
$1,045/SqFt ($11,250/m2)
Type
Condo
Built
2022
HOA
$897/MO
MLS Number
A11864160
View
Bay,Ocean
On Site
379 Days
Updated
158 Days ago
Page Views
0
Largest Bayfront 1-bedroom layout in the building (665 SF), a rare opportunity at The Elser Hotel & Residences.?The spacious layout and rare second full bathroom add rental flexibility compared to most 1-bedrooms in the building, making it suitable for both short-term and long-term rentals.
Approved for daily rentals with flexible management. Priced significantly below recent ’14 line sales and current inventory, presenting a strong value opportunity for buyers looking to scale, flexibility, and long-term upside.
Enjoy stunning bay views and full access to resort-style amenities including rooftop pool with restaurant & bar, hot tub, 2-story fitness center, business center, and ViceVersa, the award-winning lobby bar & restaurant.
Located in the heart of Downtown Miami, steps from Kaseya Center, Port of Miami, and top dining, arts, and nightlife. Positioned within a multi-billion dollar transformation of Downtown Miami, supporting long-term growth and demand.
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 2
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony, Patio, SecurityHighImpactDoors
- View: Bay,Ocean
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, Bar
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, SelfCleaningOven, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Windows/Treatment: Blinds,ImpactGlass
- Year Built: 2022
- Year Built Description: Resale
- Style: HighRise
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2025-09-01T07:50:40.000-00:00
- Pets Allowed: Conditional,Yes
Taxes, Fees & More
- Maintenance Includes: Amenities, CommonAreas, CableTv, HotWater, Internet, MaintenanceStructure, Parking, Pools, Roof, Sewer, Trash, Water
- Taxes: 16309
- Security Information: DoorMan, ElevatorSecured, SecuredGarageParking, FireSprinklerSystem, SmokeDetectors
- Parking Description: OneSpace
- Total Floors in Building: 49
- Total Units in Complex: 646
Apples-to-Apples Comparables
Price History
Current
$695K
High
$745K
Low
$695K
Total Change
-6.7%Date
Event
Price
Change
Price Per
04/10/2026
Price Reduced
$695K
-6.71%$1,045 ft2
$11,250 m2
08/22/2025
Listed
$745K
$1,120 ft2
$12,059 m2
04/10/2026
$695K
Event
Price Reduced
Change
-6.71%Price Per
$1,045 ft2
$11,250 m2
08/22/2025
$745K
Event
Listed
Price Per
$1,120 ft2
$12,059 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joan Bruggink • Rivó Real Estate • Buyer Agency Compensation .
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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
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