NEW CONSTRUCTION
$121K PRICE DROP
The Elser 398 NE 5th St Unit 3711 Floor 37 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $11,045/month
Total Views
176,834
2
Beds
2
Baths
818
Sq Ft
$1,710
Price per Sq Ft
Highlights
- Valet Parking
- 3-minute walk to College/Bayside
- New Construction
- Property Fronts a Bay or Harbor
- Bar or Lounge
- Deck
About This Home
Discover a collection of cultivated residences each created for exceptional vibrant living, mindful and sophisticated designs pair perfectly with floor to ceiling views of Biscayne Bay and Downtown Miami. Miami Designed for modern living. The Elser Hotel & Residences Miami offers a choice for every need. Discover a wealth of curated amenities meant for recreation, relaxation and inspiration. Fully Furnished 2 , 9'2"Ceiling height with floor to ceiling windows, Ecobee smart thermostat, Smart keyless entry. With access to an abundance of well- appointed amenities and direct proximity to world-class entertainment, arts, and dining, The Elser Hotel and Residences offers a lively, dynamic lifestyle. Crypto related funding possible call Carlo A. Ortiz PA
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,753
Year Built
- Built in 2022 | New Construction
Lot Details
- Property Fronts a Bay or Harbor
- End Unit
HOA Fees
- $1,511 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
- Bay
Home Design
- Entry on the 37th floor
- Concrete Block With Brick
Interior Spaces
- 818 Sq Ft Home
- Skylights
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Closet Cabinetry
- 2 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deck
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-41-37-078-3640
Community Details
Overview
- 642 Units
- High-Rise Condominium
- The Elser Condos
- Map Of Miami Dade Co. Fl. Subdivision
- 49-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Sauna
- Trash Chute
- Bar or Lounge
- Lobby
- Secure Lobby
- Elevator
Recreation
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Secure Elevator
- High Impact Door
Matterport 3D Tour
Floorplan
Map
About The Elser
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Home Values in the Area
Average Home Value in this Area
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 | $24,980 | $1,182,660 | -- | -- |
| 2024 | $26,425 | $1,285,500 | -- | -- |
| 2023 | $26,425 | $1,221,225 | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/22/2025 09/22/25 | Price Changed | $1,399,000 | 0.0% | $1,710 / Sq Ft | |
| 08/14/2025 08/14/25 | Price Changed | $6,300 | 0.0% | $8 / Sq Ft | |
| 08/14/2025 08/14/25 | Price Changed | $1,450,000 | 0.0% | $1,773 / Sq Ft | |
| 08/13/2025 08/13/25 | For Rent | $6,800 | 0.0% | -- | |
| 07/10/2025 07/10/25 | For Sale | $1,520,000 | +16.9% | $1,858 / Sq Ft | |
| 02/19/2025 02/19/25 | Sold | $1,300,000 | -3.7% | $1,589 / Sq Ft | View Prior Sale |
| 01/07/2025 01/07/25 | Price Changed | $1,350,000 | -9.9% | $1,650 / Sq Ft | |
| 08/30/2024 08/30/24 | Price Changed | $1,499,000 | -5.0% | $1,833 / Sq Ft | |
| 05/13/2024 05/13/24 | For Sale | $1,577,228 | -- | $1,928 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,300,000 | Xcellence Title Llc | |
| Special Warranty Deed | $1,546,200 | None Listed On Document |
Source: Public Records
About the Listing Agent
As a lifelong Miamian with over 25 years of real estate experience, Carlo A. Ortiz offers local expertise backed by a quarter-century of success. A proven top producer with over $100 million in sales, Carlo combines an intimate knowledge of Miami's premier neighborhoods—including Brickell, Downtown, Edgewater, Coral Gables, Coconut Grove, and Miami Beach—with high-level financial acumen.
Before his real estate career, Carlo held roles at Morgan Stanley and Bank of America Financial Services,
Carlo's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11837377
APN: 01-4137-078-3640
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