$499,999

The Elser 398 NE 5th St Unit 2506 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,278/month

1 Bed
1 Bath
443 Sq Ft
$1,129 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Bay View
  • Bar or Lounge
  • Fitness Center
  • Sauna

About This Home

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-a-terre, or income property. Prime location near Biscayne Bay, Bayside, Miami Beach, Wynwood, Arts District, museums, and parks.

Listing Agent

Elif Demirtas

Fortune Christie's Intl R.E. License #3391674 Listed on: 09/04/2025

Fortune Christie's Intl R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,731

Year Built

  • Built in 2022

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Condo Hotel

Interior Spaces

  • 443 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Bay Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1820

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • Mapofmiamidade Cofl Pb B41 Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Business Center
  • Bar or Lounge
  • Elevator
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,731

Year Built

Built in 2022

Lot Details

0

HOA Fees

$681 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: From I-95, take exit 2A toward Biscayne Blvd. Head east on NE 2nd Ave, then south on Biscayne Blvd. The Elser Hotel & Residences is at 398 NE 5th St, across from Bayside Marketplace.
  • Entry Level: 25
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAPOFMIAMIDADE COFL PB B41
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Vinyl
  • Furnished: Furnished
  • Living Area: 443
  • Stories: 49
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower, Studio
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2044
  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Pool, Sauna
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-1820

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10731

Map

About The Elser

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $499,999 -- $1,129 / Sq Ft
Source: MIAMI REALTORS® MLS

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Source: MIAMI REALTORS® MLS

MLS Number: A11869565

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2506, Miami, FL

This home is located at 398 NE 5th St Unit 2506, Miami, FL 33132 and is currently priced at $499,999, approximately $1,128 per square foot. This property was built in 2022. 398 NE 5th St Unit 2506 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

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.

MIAMI REALTORS® MLS 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
Listing Agent
Elif Demirtas
Section Image
Fortune Christie's Intl R.E.
(786) 550-6533