$580,000
$30K PRICE DROP

The Elser 398 NE 5th St Unit 3102 Floor 16 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,463/month

Total Views 295
1 Bed
1 Bath
430 Sq Ft
$1,349 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Intracoastal View
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Clubhouse

About This Home

Best-priced unit in its line! Don't miss this great opportunity in the heart of Downtown Miami! Designed for modern living, this stylish studio features floor-to-ceiling windows, bright open layout with a king-size bed and sofa sleeper, fully equipped kitchen, and in-unit washer/dryer. Stunning panoramic views of Biscayne Bay and the Miami skyline. SHORT-TERM RENTALS APPROVED, with on-site hotel management. Ideal for both personal use or an income-producing investment. Enjoy resort-style amenities including a rooftop pool with bar and restaurant, two-story fitness center, spa, 24/7 concierge, valet parking, and exclusive beach club access. Just steps from Bayside Marketplace, Kaseya Center, Brightline, Port of Miami, and world-class dining, arts, and entertainment.

Listing Agent

David Gueron

Smart Luxe License #3345159 Listed on: 12/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,842

Year Built

  • Built in 2022

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Condo Hotel
  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 430 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-0520

Community Details

Overview

  • High-Rise Community
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,842

Year Built

Built in 2022

Lot Details

0 Sq Ft Lot

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 580000
  • InternetRemarks: Fully-furnished studio at The Elser in the heart of Downtown Miami. Best priced in its line! Panoramic views of Biscayne Bay and the Miami skyline.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Living Area: 430
  • Stories: 49
  • Bedroom Features: Entry Level, Studio
  • Master Bathroom Features: Shower Only

Exterior Features

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

Garage/Parking

  • Park Building Name: THE ELSER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 550
  • Amenities: Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-0520

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9842

Map

About The Elser

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2026 01/24/26 Price Changed $580,000 -4.9% $1,349 / Sq Ft
12/26/2025 12/26/25 For Sale $610,000 -- $1,419 / Sq Ft
Source: MIAMI REALTORS® MLS

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 Type Sale Price Title Company
Special Warranty Deed $708,900 None Listed On Document
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $425,300 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11935337

MIAMI REALTORS® MLS

APN: 01-4137-078-0520

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 3102, 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.

Nearby Homes
David Gueron
Listing Agent
David Gueron
Section Image
Smart Luxe
(786) 947-6985
Your Personal Tour Guide

Ask me questions while you tour the home.