398 NE 5th Street # 2506, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 443 Sq Ft

The Elser Hotel & Residences Unit 2506 at 398 NE 5th Street # 2506, Miami, FL 33132 — photo 1
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About the Property

Luxury 1BD/1BA at The Elser Hotel & Residences in Downtown Miami. Turnkey unit with modern finishes, floor-to-ceiling windows, balcony, fully equipped kitchen, and in-unit washer/dryer. Resort-style amenities include 132-ft rooftop pool, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, and lobby bar. No rental restriction; ideal as a full-time residence, pied-à-terre, or income property. Prime location near Biscayne Bay, Bayside, Miami Beach, Wynwood, Arts District, museums, and parks.

Unit 2506 in Context

Unit 2506 is located at 398 NE 5th Street, part of the 06 line on floor 25 of The Elser's 646-residence tower.

This Residence

$1,104/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$2,044
Association Fee FrequencyQuarterly
Lot Size Square Feet0
Tax Annual Amount$10,731
Tax Year$2,024

Terms

Current Financing: CashAll CashConventionalPossession: Funding

Interior Features

Interior

Bathrooms Full: 1Entry Level: 25Furnished: FurnishedLobbyCloset CabinetryEntry LevelPrimary Bath ShowerStudioDining/Living RoomShower OnlyRooms Total: 0Stories Total: 49

Appliances

DishwasherDryerMicrowaveElectric RangeRefrigeratorSelf Cleaning OvenWasher

Flooring

Vinyl

Cooling & Heating

Central AirCentral

Windows

Complete Impact GlassBlinds

Exterior & Views

View

Bay

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

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

Building & Community

Amenities

Association: YesBarBusiness CenterElevator(s)Exercise RoomPoolSauna

Security

Smoke DetectorLobby Secured

Parking

Attached Garage: YesGarage: YesCoveredValet

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Close Date2025-12-12
Contract Status Change Date2025-12-12
Listing Contract Date2025-09-04
Mls StatusClosed
On Market Date2025-09-04

Details

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

Additional Details

Building NameThe Elser
Close Price$475,000
Door FeaturesHigh Impact Doors
Parcel Number01-41-37-078-1820
Possible UseUnknown/Withheld
Property AttachedYes

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