Luxury 1BD/1BA at The Elser Hotel & Residences in Downtown Miami. Turnkey unit with modern finishes, floor-to-ceiling windows, balcony, fully equipped kitchen, and in-unit washer/dryer. Resort-style amenities include 132-ft rooftop pool, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, and lobby bar. No rental restriction; ideal as a full-time residence, pied-à-terre, or income property. Prime location near Biscayne Bay, Bayside, Miami Beach, Wynwood, Arts District, museums, and parks.
Sold for $475,000
$475,000
398 NE 5th St #2506, Miami, FL 33132
1beds
443sqft
Condominium
Built in 2022
-- sqft lot
$509,400 Zestimate®
$1,072/sqft
$3,199 Estimated rent
Home value
$509,400
$464,000 - $560,000
$3,199/mo
Zestimate® history
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Floor-to-ceiling windowsLobby barGrilling terraceRooftop poolTwo-story fitness centerFully equipped kitchen
Zillow last checked:
Listing updated:
Listed by:
Elif Demirtas 786-300-5093,
Fortune Christie's Intl R.E.
Bought with:
Maxine Siegler, 3163397
Miami Property Shop
Source: MIAMI,MLS#: A11869565
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
Features
- Lobby, Closet Cabinetry
- Flooring: Vinyl
- Doors: High Impact Doors
- Windows: Complete Impact Glass, Blinds
- Furnished: Yes
Interior area
- Total interior livable area: 443 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, Valet
- Attached garage spaces: 1
Features
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Details
- Parcel number: 0141370781820
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 2022
Community & HOA
Community
- Security: Smoke Detector, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: The Elser
HOA
- Has HOA: Yes
- Amenities included: Bar, Business Center, Elevator(s), Fitness Center, Pool, Sauna
- HOA fee: $2,044 quarterly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,072/sqft
- Tax assessed value: $530,100
- Annual tax amount: $10,731
- Date on market: 9/4/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $475,000-2.9%$1,072/sqft |
Source:  MIAMI #A11869565 Report a problem | ||
| 11/7/2025 | Price change | $489,000-2.2%$1,104/sqft |
Source: MIAMI #A11869565 Report a problem | ||
| 9/5/2025 | Listed for sale | $499,999-16.5%$1,129/sqft |
Source: MIAMI #A11869565 Report a problem | ||
| 6/26/2025 | Listing removed | $599,000$1,352/sqft |
Source: MIAMI #A11684359 Report a problem | ||
| 4/18/2025 | Price change | $599,000-11.9%$1,352/sqft |
Source: MIAMI #A11684359 Report a problem | ||
| 11/1/2024 | Listed for sale | $680,000-7.5%$1,535/sqft |
Source: MIAMI #A11684359 Report a problem | ||
| 6/29/2024 | Listing removed | $735,000$1,659/sqft |
Source: MIAMI #A11490564 Report a problem | ||
| 3/6/2024 | Listing removed | -- |
Source: MIAMI #A11490564 Report a problem | ||
| 11/23/2023 | Listed for sale | $735,000$1,659/sqft |
Source: MIAMI #A11490564 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,802 -3.4% | $530,100 -5% |
| 2024 | $11,179 -2.5% | $558,000 |
| 2023 | $11,470 | $558,000 |
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
$509,400
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
$509,400
- Florida
- Miami-Dade County
- Miami
- 33132
- Downtown
- 398 NE 5th St Unit 2506
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