398 NE 5th St # 1412, Miami, FL

The Elser Hotel & Residences · 0 Bedrooms · 1 Bathroom · 341 Sq Ft

The Elser Hotel & Residences Unit 1412 at 398 NE 5th St # 1412, Miami, FL 33132 — photo 1
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About the Property

Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly

Unit 1412 in Context

Unit 1412 is located at 398 NE 5th St, part of the 12 line on floor 14 of The Elser's 646-residence tower. 3 other 12 line residences are currently offered for sale in the building.

This Residence

$1,258/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$524
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$9,327
Tax ExemptionsTax Reflects No Homestead Exemption
Tax Year$2,024

Terms

Current Financing: CashAll CashConventionalPossession: Funding

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 14Furnished: FurnishedOtherStudio ApartmentStudioStudio ApartmentRooms Total: 0Stories Total: 49

Appliances

DishwasherDryerMicrowaveElectric RangeRefrigeratorWasher

Flooring

Ceramic FloorTile

Cooling & Heating

Central AirCentral

Windows

High Impact Windows

Exterior & Views

View

Bay

Waterfront

Frontage TypeBay
WaterfrontYes

Pool & Spa

Carport Spaces0
Covered Spaces0
Garage Spaces0
Pool PrivateNo

Exterior

High RiseConstruction Materials: CBS ConstructionOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBusiness CenterElevator(s)Exercise RoomExterior LightingOtherPoolSpa/Hot Tub

Security

Elevator SecureCard EntryLobby Secured

Parking

Garage: No1 SpaceCoveredValetLimited # Of Vehicle

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Close Date2025-11-10
Contract Status Change Date2025-11-10
Listing Contract Date2025-07-24
Mls StatusClosed
On Market Date2025-07-24

Details

County Or Parish: Miami-Dade CountyMajor Change Type: ClosedCondo-HotelCondoYear Built Details: Condo-Hotel

Additional Details

Building Area Total341
Building Name- 398 NE 5th ST Condo
Close Price$400,000
Parcel Number01-41-37-078-3750
Possible UseInvestment
Property AttachedYes

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Courtesy of Mezzini Realty Group