398 NE 5th St # 1516, Miami FL 33132,Miami,Miami-Dade County,Residential

$ 429,000
398 NE 5th St # 1516, Miami FL 33132, Miami, Elser Hotel & Residences, The Elser

Description

Lowest price, turnkey studio with water and skyline views at Downtown Miami’s premier condo-hotel, The Elser Hotel & Residences. Fully furnished with smart access, floor-to-ceiling windows, and designer finishes. Prime location steps from Bayfront Park, Kaseya Center, Bayside, and Miami Worldcenter. Enjoy resort-style amenities: rooftop pool with massive LED screen, full gym, spa, lounge, bar, and 24/7 concierge. Flexible short-term rental use allowed through In-House and approved management companies. Ideal for personal use and income generation when not in residence.

Address: 398 NE 5th St # 1516, Miami FL 33132
City:
State/County:
Zip: 33132
Country: United States

Property Id: 50294
Price: $ 429,000
Property Size: 362.00 ft2
Bathrooms: 1
ArchitecturalStyle: High Rise
AssociationAmenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Pool
AssociationFee: 557
AssociationFeeFrequency: Monthly
BathroomsFull: 1
BuildingAreaTotal: 362
BuildingAreaUnits: Square Feet
BuildingName: Elser Hotel & Residences
CoListAgentDirectPhone: 305-219-4921
CoListAgentEmail: PMullaneyREALTOR@gmail.com
CoListAgentFullName: Patrick Mullaney
CoListAgentKey: 6d2a5324ac2dc0afb741ad397d2e2a0d
CoListAgentMlsId: 3413488
CoListAgentOfficePhone: 855-450-0442
CoListAgentStateLicense: 3413488
CoListOfficeKey: 4edd65484ec9641fb9f7de82cfa55ae3
CoListOfficeMlsId: RTKY01
CoListOfficeName: Real Broker LLC
CoListOfficePhone: 855-450-0442
ConstructionMaterials: CBS Construction
ContractStatusChangeDate: 2025-03-20
Cooling: Central Air, Electric
CoveredSpaces: 1
DaysOnMarket: 154
Directions: From 395 east exit at NE 2nd Ave. Go right to NE 5th St and go left. Building is on the corner of NE 5th & Biscayne Blvd.
DoorFeatures: High Impact Doors
EntryLevel: 15
ExpirationDate: 2025-10-31
Flooring: Ceramic Floor
Furnished: Furnished, Turn Key Furnished
GarageSpaces: 1
Heating: Central, Electric
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 407-244-4463
ListAgentEmail: jmooradianrealtor@gmail.com
ListAgentFullName: Joseph Mooradian
ListAgentKey: 2f67cfab57dd4669d12e39e50a8bd5f3
ListAgentMlsId: 3237004
ListAgentOfficePhone: 855-450-0442
ListAgentStateLicense: 3237004
ListOfficeKey: 4edd65484ec9641fb9f7de82cfa55ae3
ListOfficeMlsId: RTKY01
ListOfficeName: Real Broker LLC
ListOfficePhone: 855-450-0442
ListOfficeURL: https://ccphotography.hd.pics/398-NE-5th-St-1516
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2025-03-20
ListingId: A11763592
ListingTerms: All Cash, Owner Will Carry
LivingAreaUnits: Square Feet
LotSizeUnits: Square Feet
MIAMIRE_AdjustedAreaSF: 362
MIAMIRE_PetsAllowedYN: 1
MIAMIRE_Style: Condo-Hotel
MIAMIRE_TypeofAssociation: Condo
MIAMIRE_TypeofGoverningBodies: Condominium
MLSAreaMajor: Elser Hotel & Residences
MajorChangeTimestamp: October 9, 2025 at 12:37pm
MajorChangeType: Price Decrease
MlsStatus: Active
ModificationTimestamp: October 9, 2025 at 12:37pm
NumberOfUnitsInCommunity: 646
NumberOfUnitsTotal: 646
OnMarketDate: 2025-03-20
OriginalEntryTimestamp: March 20, 2025 at 01:28pm
OriginalListPrice: 545000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
ParcelNumber: 01-41-37-078-5120
ParkingFeatures: Valet
PatioAndPorchFeatures: Open Balcony
PetsAllowed: Maximum 20 Lbs
PhotosChangeTimestamp: July 30, 2025 at 12:43pm
PhotosCount: 26
Possession: Funding
PostalCodePlus4: 2062
PreviousListPrice: 450000
PriceChangeTimestamp: October 9, 2025 at 12:37pm
PublicSurveyRange: 41
PublicSurveySection: 37
PublicSurveyTownship: 41
RoomBedroomFeatures: Entry Level, Primary Bath Shower, Studio
RoomMasterBathroomFeatures: Shower Only
SecurityFeatures: Smoke Detector, Doorman
ShowingInstructions: Showing Assist
SourceSystemKey: 408564334
StateOrProvince: FL
StatusChangeTimestamp: October 8, 2025 at 04:51pm
StoriesTotal: 49
StreetDirPrefix: NE
StreetName: 5th St
StreetNumber: 398
StreetNumberNumeric: 398
StructureType: Condo-Hotel, Condo
SyndicationRemarks: Lowest price, turnkey studio with water and skyline views at Downtown Miami’s premier condo-hotel, The Elser Hotel & Residences. Fully furnished with smart access, floor-to-ceiling windows, and designer finishes. Prime location steps from Bayfront Park, Kaseya Center, Bayside, and Miami Worldcenter. Enjoy resort-style amenities: rooftop pool with massive LED screen, full gym, spa, lounge, bar, and 24/7 concierge. Flexible short-term rental use allowed through In-House and approved management companies. Ideal for personal use and income generation when not in residence.
TaxAnnualAmount: 9444
TaxLegalDescription: 398 NE 5TH STREET CONDO UNIT 1516 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
TaxYear: 2024
UnitNumber: 1516
View: Ocean View, Skyline, Water View
WindowFeatures: Complete Impact Glass, High Impact Windows
YearBuilt: 2022
YearBuiltDetails: Condo-Hotel

Outdoor Details
Garage Attached
Other Features
Built-in Features
Closet Cabinetry
Dishwasher
Disposal
Dryer
Elevator
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Microwave
Open Balcony
Property Attached
Refrigerator
Washer

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$ 2,199.57
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,663.32

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