NOT LISTED FOR SALE

The Elser 398 NE 5th St Unit 2815 Floor 28 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $575,000 - $633,497

1 Bed
1 Bath
560 Sq Ft
2022 Built

Sale Details

Date Sold: November 24, 2025

Last sale price $620,000 $1,107 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,187 / mo

687 Days on Market

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • New Construction
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Furnished

About This Home

As of November 2025

Enjoy a modern vacation home for Miami getaways & investment opportunity for condo-hotel/short-term rental income w/all yr.round city visitors!Global connectivity w/ Intl.Miami Airport|Port of Miami|high-speed Train.World class Arts|Fashion|Sports events,many conferences & cruises yr.long!Relax in urban luxury w/ unique features: panoramic Biscayne Bay/Downtown views through floor-to-ceiling windows.Beautiful furnished 1bed unit sleeps 4|full kitchen|porcelain wood floors|smart bldg.technology.Exclusive oversized pool|Jacuzzi|bar|restaurant|gym 2 levels|24/7concierge|SouthBeach private beach club!Central location w/ plenty of dining|shopping|entertainment MiamiWorldCenter|Concert/Basketball/Opera&Ballet arenas|Museums|BaysidePark|Marina|free MetroMover.Right between Brickell & Wynwood

Last Agent to Sell the Property

Adanna Becker

Sterling Equity Realty LLC License #3116023 Listed on: 01/05/2024

Last Buyer's Agent

Diego Pabon

MMLS Assoc.-Inactive Member License #3519057

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,040

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $862 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger

Property Views

Home Design

  • Entry on the 28th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 560 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Energy-Efficient Thermostat
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4910

Community Details

Overview

  • 646 Units
  • High-Rise Community
  • 398 Ne 5Th St Condo
  • Elser Hotel & Residences ,The Elser Subdivision
  • 47-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,040

Year Built

Built in 2022 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$862 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: GO I-95 EXIT I-395 MACARTHUR CSWY, TAKE EXIT US1/BISCAYNE BLVD. TURN RIGHT/SOUTH ON NE 2ND AVE. GO SOUTH TO NE 5TH ST TURN LEFT/EAST AND THE ELSE IS ON THE RIGHT/SOUTH SIDE AND THE END OF THE BLOCK - WELCOME!
  • Entry Level: 28
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ELSER HOTEL & RESIDENCES -,THE ELSER
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 620000
  • InternetRemarks: Perfect vacation home for Miami getaways/Investment opportunity for all yr. round city visitors!Enjoy urban luxury with panoramic bay/city views
  • ShowingTimeFlag: No
  • Special Features: 4108

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Custom Mirrors, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 560
  • Possible Use: Investment
  • Stories: 47
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 398 NE 5TH ST CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Electric Vehicle Charging Station(s), Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 862
  • Amenities: Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4910

Green Features

  • Efficiency: Thermostat

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13040

Multi Family

  • Maintenance Expense: 862
  • Number Of Units In Community: 646
  • Number Of Units Total: 646

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Nov 24, 2025
Sold by
Bought by
Seller's Agent
Adanna Becker
Sterling Equity Realty LLC
Buyer's Agent
Diego Pabon
MMLS Assoc.-Inactive Member
List Price
$890,000
Sold Price
$620,000
Premium/Discount to List
-$270,000
-30.34%
Views
30
Current Estimated Value
$612,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,626
Avg. Annual Appreciation
-1.83%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 Mg American Title Inc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Sold $620,000 -5.9% $1,107 / Sq Ft
10/09/2024 10/09/24 Price Changed $659,000 -0.2% $1,177 / Sq Ft
10/02/2024 10/02/24 Price Changed $660,000 -1.5% $1,179 / Sq Ft
09/13/2024 09/13/24 Price Changed $670,000 -15.7% $1,196 / Sq Ft
07/11/2024 07/11/24 Price Changed $795,000 -0.6% $1,420 / Sq Ft
07/09/2024 07/09/24 Price Changed $800,000 -5.7% $1,429 / Sq Ft
06/21/2024 06/21/24 Price Changed $848,000 -4.2% $1,514 / Sq Ft
05/21/2024 05/21/24 Price Changed $885,000 -0.6% $1,580 / Sq Ft
04/05/2024 04/05/24 For Sale $890,000 0.0% $1,589 / Sq Ft
04/05/2024 04/05/24 Off Market $890,000 -- --
01/06/2024 01/06/24 For Sale $890,000 -- $1,589 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,903 $542,400
2024 $13,937 $678,000
2023 $13,937 $644,100
Source: Public Records

Agents Affiliated with this Home

  • Adanna Becker

    Seller's Agent in 2025

    Adanna Becker

    Sterling Equity Realty LLC

    (305) 491-4416

    1 in this area

    13 Total Sales

    Adanna Becker
    Section Image

  • D

    Buyer's Agent in 2025

    Diego Pabon

    MMLS Assoc.-Inactive Member

    Section Image
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About The Elser

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11509267

MIAMI REALTORS® MLS

APN: 01-4137-078-4910

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2815, Miami, FL

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.

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