398 NE 5th St # 1905, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 442 Sq Ft

The Elser Hotel & Residences Unit 1905 at 398 NE 5th St # 1905, Miami, FL 33132 — photo 1
1 / 22

About the Property

THE BEST VALUED UNIT AT THE ELSER – PRICED TO SELL IMMEDIATELY! Experience the pinnacle of luxury in Downtown Miami. This is officially the lowest-priced unit in the entire building, offering an unbeatable entry point for investors or primary residents. Fully furnished and turnkey, this residence features breathtaking, unobstructed views of Biscayne Bay and the Miami skyline. The Elser stands alone with its flexible Short-Term Rental (Daily) or annual policy, making this a great opportunit. Interior highlights: Ultra-modern finishes, full kitchen, King bed + sofa sleeper, in-unit W/D, and smart home tech. Steps from the Port of Miami, Kaseya Center (Arena), Miami Worldcenter, and the Brightline. World-class amenities include the iconic rooftop pool deck, 2-story fitness center, and co-working lab. HOA includes Wi-Fi and Cable. Don't overpay—grab the best deal in the building today.

Unit 1905 in Context

Unit 1905 is located at 398 NE 5th St, part of the 05 line on floor 19 of The Elser's 646-residence tower. 2 other 05 line residences are currently offered for sale in the building.

This Residence

$1,018/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$2,040
Association Fee FrequencyQuarterly
Lot Size Square Feet0
Tax Annual Amount$10,609
Tax Year$2,025

Terms

Current Financing: CashAll CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 19FurnishedUnfurnishedLobbyBuilt-in FeaturesOtherEntry LevelOtherShower OnlyRooms Total: 0Stories Total: 49

Appliances

Trash CompactorDishwasherDisposalDryerIce MakerMicrowaveOther Equipment/AppliancesRefrigeratorWasherOther Equipment: Elevator

Flooring

Tile

Cooling & Heating

Central AirCentral

Windows

Impact Glass

Laundry

Washer/Dryer Hook-Up

Exterior & Views

View

BaySkyline

Waterfront

Frontage TypeBay
WaterfrontYes

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateYes

Exterior

High RiseConcrete Block ConstructionConcrete Block With BrickOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBarbecueCabanaClubhouse-ClubroomCommunity RoomElevator(s)Exercise RoomHobby RoomOtherPoolPrivate PoolSaunaSpa/Hot TubTrash Chute

Security

Smoke DetectorElevator SecureCard EntryGuard At SiteLobby Secured

Parking

Garage: Yes1 Space

Pets & Restrictions

Pets AllowedYes

Listing Information

Dates & Status

Close Date2026-04-20
Contract Status Change Date2026-04-20
Listing Contract Date2026-01-09
Mls StatusClosed
On Market Date2026-01-09

Details

County Or Parish: Miami-Dade CountyMajor Change Type: ClosedCondo 5+ StoriesCondoYear Built Details: Resale

Additional Details

Accessibility FeaturesAccessible, Accessibly Equipped
Building Area Total442
Building NameThe Elser Hotel & Residen
Close Price$420,000
Parcel Number01-41-37-078-1420
Possible UseUnknown/Withheld
Property AttachedYes
Property ConditionNew Construction

Similar Properties

Courtesy of Coldwell Banker Realty