398 NE 5th St # 2316, Miami, FL

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

The Elser Hotel & Residences Unit 2316 at 398 NE 5th St # 2316, Miami, FL 33132 — photo 1
1 / 8

About the Property

Fabulous Studio Hotel/Condo unit located in the heart of Downtown Miami. This unit features a full kitchen with all appliances, is completely furnished with modern furniture and flat screen TV. King size bed and pull out couch for extra room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo features a wrap around pool, two story gym, valet parking and so much more! Location offers easy access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Enjoy world-class amenities, stunning water vistas, and the flexibility of short or long-term rentals, an excellent investment opportunity with outstanding income potential. Don't miss it!

Unit 2316 in Context

Unit 2316 is located at 398 NE 5th St, part of the 16 line on floor 23 of The Elser's 646-residence tower. 3 other 16 line residences are currently offered for sale in the building.

This Residence

$1,312/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$2,100
Association Fee FrequencyQuarterly
Lot Size Square Feet0
Tax Annual Amount$9,668
Tax Year$2,024

Terms

Current Financing: ConventionalAll CashConventionalPossession: Other

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 23Furnished: UnfurnishedLobbyFirst Floor EntryEntry LevelShower OnlyRooms Total: 0Stories Total: 40

Appliances

DishwasherDryerElectric Water HeaterMicrowaveElectric RangeRefrigeratorWasher

Flooring

Ceramic Floor

Cooling & Heating

Central AirCentral

Exterior & Views

View

Bay

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

Construction Materials: CBS ConstructionOpen BalconyOtherIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarElevator(s)Exercise RoomExterior LightingPoolSaunaSpa/Hot Tub

Security

Elevator SecureCard EntryLobby Secured

Parking

Garage: Yes1 Space

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Close Date2026-05-07
Contract Status Change Date2026-05-07
Listing Contract Date2025-09-12
Mls StatusClosed
On Market Date2025-09-12

Details

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

Additional Details

Building Area Total362
Building NameTHE ELSER
Close Price$420,000
Parcel Number01-41-37-078-5200
Possible UseUnknown/Withheld
Property AttachedYes

Similar Properties

Courtesy of BHHS EWM Realty