Lowest price, turnkey studio with water and skyline views at Downtown Miami’s premier condo-hotel, The Elser Hotel & Residences. Fully furnished with smart access, floor-to-ceiling windows, and designer finishes. Prime location steps from Bayfront Park, Kaseya Center, Bayside, and Miami Worldcenter. Enjoy resort-style amenities: rooftop pool with massive LED screen, full gym, spa, lounge, bar, and 24/7 concierge. Flexible short-term rental use allowed through In-House and approved management companies. Ideal for personal use and income generation when not in residence.
Sold for $425,000
$425,000
398 NE 5th St #1516, Miami, FL 33132
0beds
362sqft
Condominium
Built in 2022
-- sqft lot
$457,600 Zestimate®
$1,174/sqft
$2,954 Estimated rent
Home value
$457,600
$416,000 - $503,000
$2,954/mo
Zestimate® history
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List your homeWhat's special
Water and skyline viewsStunning city viewsTwo-story fitness center
Zillow last checked:
Listing updated:
Listed by:
Joseph Mooradian 407-244-4463,
Real Broker LLC,
Patrick Mullaney 305-219-4921,
Real Broker LLC
Bought with:
Dan Maza, 3026334
Fortune Christie's International Real Estate
Celmar Lanna PA, 3098963
London Foster Realty
Source: MIAMI,MLS#: A11763592
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Features
- Built-in Features, Closet Cabinetry, Elevator
- Flooring: Ceramic Tile
- Doors: High Impact Doors
- Windows: Complete Impact Glass, High Impact Windows
Interior area
- Total structure area: 362
- Total interior livable area: 362 sqft
Property
Parking
- Total spaces: 1
- Parking features: Valet
- Attached garage spaces: 1
Features
- Levels: One
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Ocean, Skyline, Water
- Has water view: Yes
- Water view: Ocean,Water
Details
- Parcel number: 0141370785120
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 2022
Community & HOA
Community
- Security: Smoke Detector, Doorman
- Application fee: $250
- Pet fee: $150
- Subdivision: Elser Hotel & Residences,The Elser
HOA
- Has HOA: Yes
- Amenities included: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Exterior Lighting, Pool
- HOA fee: $557 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,174/sqft
- Tax assessed value: $471,400
- Annual tax amount: $9,444
- Date on market: 3/20/2025
- Listing terms: All Cash,Owner Will Carry
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $425,000-0.9%$1,174/sqft |
Source:  MIAMI #A11763592 Report a problem | ||
| 10/22/2025 | Pending sale | $429,000$1,185/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 10/9/2025 | Price change | $429,000-4.7%$1,185/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 8/20/2025 | Pending sale | $450,000$1,243/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 7/30/2025 | Price change | $450,000-5.3%$1,243/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 6/11/2025 | Price change | $475,000-4.8%$1,312/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 5/22/2025 | Listed for sale | $499,000-17.5%$1,378/sqft |
Source: MIAMI #A11763592 Report a problem | ||
| 7/26/2024 | Listing removed | $605,000-2.4%$1,671/sqft |
Source: MIAMI #A11598269 Report a problem | ||
| 5/31/2024 | Listed for sale | $620,000+9%$1,713/sqft |
Source: MIAMI #A11598269 Report a problem | ||
| 5/11/2023 | Sold | $569,000$1,572/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,606 +1.7% | $471,400 |
| 2024 | $9,444 -2.5% | $471,400 |
| 2023 | $9,690 | $471,400 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$457,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$457,600
- Florida
- Miami-Dade County
- Miami
- 33132
- Downtown
- 398 NE 5th St Unit 1516
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