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398 NE 5th St 2016Miami, FL 33132

For Sale

$490,000

Smart Buyer Rebate $2,250

Fully Furnished Studio at The Elser | Exceptional Value

Sleek and modern studio located on the 20th floor of The Elser, featuring panoramic views of Biscayne Bay. This 362 sq. ft. residence is thoughtfully laid out and offered fully furnished, with a contemporary kitchen, in-unit washer & dryer, and efficient design—ready for immediate use or rental.

Ideally situated in the heart of Downtown Miami, The Elser offers unparalleled access to dining, shopping, and entertainment. Building amenities include a bayview pool, fitness center, coworking spaces, resident lounge, and 24-hour front desk services.

Short-term rentals permitted according to condominium association guidelines. Buyer is responsible for confirming rental policies.

Listed by Christina Crespo

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License #3498977

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Majestic Properties LLC

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786-922-6133

Last updated August 27, 2025

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Source: MIAMIRE #A11853010

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bathrooms1
  • Days on Prevu35
  • HOA/Maint. Fees$2,040/quarter
  • Taxes$9,584/year
  • Size362 sqft
  • Price per sqft$1,354

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

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Listing History

08/27/2025
Price Decreased
$490,000
08/05/2025
Listed by Majestic Properties LLC
$510,000

Property Details for 398 NE 5th St 2016

Association

Amenities

  • Association Amenities: Bar, Pool
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $2,040.00 Quarterly
  • Association Fee Includes: All Amenities

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 44
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built: 2022
  • Year Built Details: Resale
  • Architectural Style: High Rise
  • Building Name: The Elser Residences
  • Construction Materials: Brick
  • Entry Level: 2016
  • Exterior Features: Barbeque

Features

  • View: Bay
  • Waterfront: Yes

Measurements

  • Building Area Total: 362
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-5170
  • Tax Annual Amount: $9,584.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Ceramic Floor
  • Interior Features: First Floor Entry

Measurements

  • Living Area: 362
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 1

Other

Location

  • Subdivision Name: The Elser

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.