$749,900
$50K PRICE DROP

The Elser 398 NE 5th St Unit 1715 Floor 17 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,908/month

Total Views 905
1 Bed
1 Bath
560 Sq Ft
$1,339 Price per Sq Ft

Highlights

  • Ocean View
  • 3-minute walk to College/Bayside
  • Community Pool
  • Fitness Center
  • Furnished
  • Balcony

About This Home

The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished 1 Bedroom residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.

Listing Agent

Arthur Covas

Linart Realty, LLC License #3277167 Listed on: 01/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,142

Year Built

  • Built in 2022

HOA Fees

  • $861 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 560 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4800

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, sewer, trash, water
  • The Elser Subdivision
  • 47-Story Property

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,142

Year Built

Built in 2022

Lot Details

0

HOA Fees

$861 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Please use GPS.
  • Year Built: 2022
  • Entry Level: 17
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Kitchen/Dining Combo, Separate Shower
  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 560.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 47
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • View: Bay, Ocean
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 861.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 01-41-37-078-4800
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13142.0

Map

About The Elser

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,485 $524,800 -- --
2024 $13,485 $656,000 -- --
2023 $13,485 $623,200 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2025 11/02/25 Price Changed $749,900 -6.3% $1,339 / Sq Ft
06/11/2025 06/11/25 For Sale $799,900 0.0% $1,428 / Sq Ft
05/31/2025 05/31/25 Off Market $799,900 -- --
05/28/2025 05/28/25 For Sale $799,900 0.0% $1,428 / Sq Ft
02/03/2025 02/03/25 Off Market $799,900 -- --
01/10/2025 01/10/25 For Sale $799,900 -- $1,428 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11051125

BeachesMLS

APN: 01-4137-078-4800

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1715, Miami, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Arthur Covas
Listing Agent
Arthur Covas
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Linart Realty, LLC
(786) 600-7831