$1,090,000
PENDING $190K PRICE DROP

The Elser 398 NE 5th St Unit 4518 Floor 45 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $9,206/month

Total Views 1,625
3 Beds
3 Baths
1,135 Sq Ft
$960 Price per Sq Ft

Highlights

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

About This Home

Discover perfection in this fully furnished 3BR/3BA corner unit at The Elser Hotel & Residences. Floor-to-ceiling windows and a 180 balcony capture breathtaking Biscayne Bay and city views. Enjoy 9'2" ceilings, premium kitchen appliances, and smart home features throughout this Downtown Miami gem.
Ideal for investors with unrestricted short-term rentals or enjoy the sunrise AND sunset from your own balcony. Luxury living as its best. Exceptional amenities include rooftop infinity pool, 24/7 concierge, valet, and fitness center.
Steps from Bayfront Park, Michelin dining, and vibrant Biscayne Boulevard. A rare blend of elegance, location, and investment potential.
Tour this extraordinary opportunity today! Closing upon court approval.

Listing Agent

Sonia Desrois

Barnes International Realty, LLC License #3624777 Listed on: 05/06/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,247

Year Built

  • Built in 2022

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $1,486 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 45th floor

Interior Spaces

  • 1,135 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-6100

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 47-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Bar or Lounge
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,247

Year Built

Built in 2022

Lot Details

0 Sq Ft Lot

HOA Fees

$1,486 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Ownership: Limited Partnership
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: Please use GPS
  • Entry Level: 45
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active
  • CurrentPrice: 1090000
  • InternetRemarks: Closing upon court approval
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1135
  • Other Equipment: Elevator
  • Stories: 47
  • Bedroom Features: None

Exterior Features

  • View: Bay, Intracoastal View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block 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, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1486
  • Amenities: Bar, Bike Storage, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-6100

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25247

Map

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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 $23,984 $1,159,424 -- --
2024 $27,856 $1,260,243 -- --
2023 $27,856 $1,287,345 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 Pending -- -- --
11/04/2025 11/04/25 Price Changed $1,090,000 -7.6% $960 / Sq Ft
08/07/2025 08/07/25 Price Changed $1,180,000 -7.8% $1,040 / Sq Ft
05/06/2025 05/06/25 For Sale $1,280,000 -- $1,128 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,436,100 None Listed On Document
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11806748

MIAMI REALTORS® MLS

APN: 01-4137-078-6100

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