The Elser Hotel & Residences 2016
Unit 2016
1 / 8
$365,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 1 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 2 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 3 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 4 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 5 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 6 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 7 of 8The Elser Hotel & Residences Unit 2016, 398 NE 5th Street, Miami FL 33132, photo 8 of 8
$365,000Sold Price
$1,008Per SqFt
0/1Beds/BathsBd/Ba
362SqFt · 33.6 m²
The Elser Hotel & Residences · MLS A11892628 · 344 days on Zilbert · Listed Oct 8, 2025 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Sold Price$365,000
Last Asking Price$399,000
Price per SqFt$1,008
Maintenance fee$474 Monthly
Property Taxes$9,440 2023
Interior Space362 SqFt
Beds/Baths0/1
Year Built2022
Closed Date1/27/2026
MLS #A11892628

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$474maintenance · $474 per month
$787taxes · $9,440/yr ÷ 12
$1,261 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Listed by Novel Management, LLC.

Sales History for This Unit · The Elser Hotel & Residences Unit 2016

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 $1,165/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 · 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 Novel Management, 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

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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 · 23 sold in the last 12 months · building avg $1,088/SqFt sold