$699,000
$56K PRICE DROP

The Elser 398 NE 5th St Unit 4004 Floor 40 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,321/month

-- Bed
1 Bath
443 Sq Ft
$1,578 Price per Sq Ft

Highlights

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

About This Home

Spectacular unit at THE ELSER Hotel & Residences - Studio with bay and City views. Unit is in an Excellent location in the heart of Downtown Miami, right in front of the Kaseya Center and Bayside. The unit comes fully furnished and equipped, featuring an Italian kitchen, quartz countertops, and washer and dryer. Enjoy resort-style amenities, including a large and fully equipped gym, pool, co-working spaces, Sky Entertainment Lounge, and much more to enjoy the vibrant Miami lifestyle. Don’t miss out on this incredible opportunity! Walking distance to Miami's world-class entertainment, arts, shopping, and dining. Short-Term rentals allowed

Listing Agent

Idaimis Delgado

Realty One Group Evolution License #3468753 Listed on: 09/17/2025

Realty One Group Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,689

Year Built

  • Built in 2022

Lot Details

  • End Unit

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 40th floor

Interior Spaces

  • 443 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-1290

Community Details

Overview

  • The Elser Hotel & Residen Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

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

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,689

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: Corner Unit
  • Entry Level: 40
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 699000
  • InternetRemarks: Spectacular unit at THE ELSER Hotel & Residences - Studio with bay and City views. Short-Term rentals allowed
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Living Area: 443
  • Other Equipment: Elevator
  • Stories: 49
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Studio

Exterior Features

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

Garage/Parking

  • Park Building Name: The Elser Hotel & Residen
  • 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: Fire Alarm, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 681
  • Amenities: Bar, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-1290

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11689

Map

About The Elser

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
11/11/2025 11/11/25 Price Changed $699,000 -7.4% $1,578 / Sq Ft
09/17/2025 09/17/25 For Sale $755,000 0.0% $1,704 / Sq Ft
09/05/2025 09/05/25 Price Changed $3,650 -2.7% $8 / Sq Ft
08/13/2025 08/13/25 For Rent $3,750 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11881456

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

398 NE 5th St Unit 4004, 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.

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
Idaimis Delgado
Listing Agent
Idaimis Delgado
Section Image
Realty One Group Evolution
(305) 984-9355