$565,000
NEW CONSTRUCTION $35K PRICE DROP

The Elser 398 NE 5th St Unit 4207 Floor 42 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $3,950/month

Total Views 967
-- Bed
1 Bath
442 Sq Ft
$1,278 Price per Sq Ft

Highlights

  • Ocean Front
  • 3-minute walk to College/Bayside
  • New Construction
  • Fitness Center
  • Intracoastal View
  • Community Pool

About This Home

Welcome to this beautiful and amazing view of Biscayne Bay, Studio / 1 bath with unobstructed views, luxury amenities and a preferential location in Downtown Miami. Fully furnished, where you will only have to bring your personal belongings. I present to you THE ELSER Luxurious features include 9+ foot celling, quartz countertops, and elegant porcelain wood-grain title flooring. the kitchen boasts sophisticated Italkraft cabinets, while fully built-out closets offer . Modern bathrooms with frameless glass showers. Few minutes to South Beach, Brickell, Airport and I95. Pools area, picnic area, Business Center, Beach Service, Bar, Gym and others. Pets allowed, long or SHORT TERM RENTAL allowed. Contact the listing Agent

Listing Agent

Claudia Montenegro

Related ISG Realty, LLC. License #3297418 Listed on: 06/27/2025

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,772

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Garage

Property Views

Home Design

  • Condo Hotel
  • Entry on the 42nd floor

Interior Spaces

  • 442 Sq Ft Home
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-2330

Community Details

Overview

  • Property has a Home Owners Association
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

  • Lobby
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,772

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Entry Level: 42
  • 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: 565000
  • InternetRemarks: Downtown Miami
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave
  • Interior Amenities: Lobby, First Floor Entry, Elevator
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Living Area: 442
  • Other Equipment: Elevator
  • Stories: 49
  • Bedroom Features: Studio

Exterior Features

  • View: Bay, Intracoastal View, Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Elevator Secure, Lobby Secured, Other

Condo/Co-op/Association

  • Amenities: Elevator(s), Exercise Room, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-2330

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11772

Map

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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
11/24/2025 11/24/25 Price Changed $565,000 -5.8% $1,278 / Sq Ft
06/27/2025 06/27/25 For Sale $600,000 -- $1,357 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11829784

MIAMI REALTORS® MLS