$925,000
$100K PRICE DROP

The Elser 398 NE 5th St Unit 4015 Floor 1 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $6,838/month

Total Views 744
1 Bed
1 Bath
560 Sq Ft
$1,652 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Ocean View
  • Community Cabanas
  • Active Adult

About This Home

Welcome to The Elser - A New Construction Building in The Heart of Downtown. Steps Away From The Kaseya Center & Several Shops, Restaurants, and Entertainment Venues. This Fully Furnished Unit Features Breathtaking Views of Biscayne Bay, Ultra Modern Interior Finishes, and World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, and More. Schedule Your Tour Today.

Listing Agent

David Omachonu

Compass Florida, LLC License #3363855 Listed on: 05/09/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,081

Year Built

  • Built in 2022

HOA Fees

  • $861 Monthly HOA Fees

Interior Spaces

  • 560 Sq Ft Home
  • Furnished
  • Built-In Features
  • Bar
  • Fireplace
  • Closed Circuit Camera

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-5030

Community Details

Overview

  • Active Adult
  • Association fees include common areas, maintenance structure
  • The Elser Hotel & Residen Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Clubhouse

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,081

Year Built

Built in 2022

Lot Details

0

HOA Fees

$861 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: GPS
  • MaximumNumberOfPets: 2
  • Year Built: 2022
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Main Level Primary, Other, Walk-In Closet(s), Bar
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 560.0
  • Stories: 49

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • View: Ocean, Other
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Bay Access, None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Secured Garage/Parking, Key Card Entry, Lobby Secured, Other, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2583.0
  • Pets Allowed: Yes
  • Senior Community: Yes
  • Amenities: Cabana, Clubhouse, Fitness Center, Maintenance Grounds, Hobby Room, Other, Picnic Area, Pool, Restaurant, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Fee, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure

Lot Info

  • Parcel #: 01-41-37-078-5030
  • Mobile Dim Units: Feet

Rental Info

  • Pet Deposit: 300.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14081.0

Map

About The Elser

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $13,377 $562,320 -- --
2024 $14,449 $702,900 -- --
2023 $14,449 $175,725 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Price Changed $925,000 -9.8% $1,652 / Sq Ft
05/09/2025 05/09/25 For Sale $1,025,000 -- $1,830 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $828,300 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $662,592 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10502924

BeachesMLS (Greater Fort Lauderdale)

APN: 01-4137-078-5030

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4015, Miami, FL

For Sale

Condos

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Listing Agent
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Compass Florida, LLC
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