The Elser Hotel & Residences 1516
Unit 1516
1 / 1
$425,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 1516, 398 NE 5th Street, Miami FL 33132, photo 1 of 1
$425,000Sold Price
$1,174Per SqFt
0/1Beds/BathsBd/Ba
362SqFt · 33.6 m²
The Elser Hotel & Residences · MLS A11763592 · 346 days on Zilbert · Listed Oct 8, 2025 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Sold Price$425,000
Last Asking Price$429,000
Price per SqFt$1,174
Maintenance fee$557 Monthly
Property Taxes$9,444 2024
Interior Space362 SqFt
Beds/Baths0/1
FurnishedYes
Year Built2022
Closed Date10/22/2025
MLS #A11763592

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$557maintenance · $557 per month
$787taxes · $9,444/yr ÷ 12
$1,344 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

Lowest price, turnkey studio with water and skyline views at Downtown Miami’s premier condo-hotel, The Elser Hotel & Residences. Fully furnished with smart access, floor-to-ceiling windows, and designer finishes. Prime location steps from Bayfront Park, Kaseya Center, Bayside, and Miami Worldcenter. Enjoy resort-style amenities: rooftop pool with massive LED screen, full gym, spa, lounge, bar, and 24/7 concierge. Flexible short-term rental use allowed through In-House and approved management companies. Ideal for personal use and income generation when not in residence.

Listed by Real Broker LLC

Sales History for This Unit · The Elser Hotel & Residences Unit 1516

Sales history is unavailable for this property

What Other Units Have Been Selling For at The Elser Hotel & Residences

8 other units sold in the last 12 months at an average of $1,092/SqFt

Unit Sold Price % of Ask Beds/Baths SqFt $/SqFt Closed Date

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by Real Broker LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

Location

Directions

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

More at The Elser Hotel & Residences

646 units · 60 for sale · 24 sold in the last 12 months · building avg $1,089/SqFt sold