398 NE 5th # 2016, Miami, FL

The Elser Hotel & Residences · 0 Bedrooms · 1 Bathroom · 362 Sq Ft

The Elser Hotel & Residences Unit 2016 at 398 NE 5th # 2016, Miami, FL 33132 — photo 1
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About the Property

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

Unit 2016 in Context

Unit 2016 is located at 398 NE 5th, part of the 16 line on floor 20 of The Elser's 646-residence tower. 3 other 16 line residences are currently offered for sale in the building.

This Residence

$1,102/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$474
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$9,440
Tax Year$2,023

Terms

Current Financing: CashAll CashConventionalFHA

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 20Furnished: FurnishedCloset CabinetryStudioRooms Total: 0Stories Total: 49

Appliances

DishwasherDisposalDryerMicrowaveElectric RangeRefrigeratorWasher

Flooring

Ceramic Floor

Cooling & Heating

Central AirCentral

Laundry

Washer/Dryer Hook-Up

Exterior & Views

View

BayDirect OceanWater View

Waterfront

Frontage TypeBay
WaterfrontYes

Pool & Spa

Covered Spaces0
Garage Spaces0
Pool PrivateNo

Exterior

High RiseConstruction Materials: Concrete Block ConstructionOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBarbecueChild Play AreaClubhouse-ClubroomElevator(s)Exercise RoomHeated PoolPoolSaunaTrash Chute

Security

Smoke DetectorDoormanElevator SecureLobby Secured

Parking

Garage: No1 SpaceValet

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Close Date2026-01-27
Contract Status Change Date2026-01-27
Listing Contract Date2025-10-08
Mls StatusClosed
On Market Date2025-10-08

Details

County Or Parish: Miami-Dade CountyMajor Change Type: ClosedCondo-HotelCondoYear Built Details: Effective Year Built

Additional Details

Building Area Total362
Building NameThe Elser Hotel
Close Price$365,000
Door FeaturesHigh Impact Doors
ElectricCircuit Breakers
Parcel Number01-41-37-078-5170
Possible UseInvestment

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Courtesy of Novel Management, LLC.