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398 NE 5th Street 2506Miami, FL 33132

For Sale

$499,999

Smart Buyer Rebate $2,500

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.

Listed by Elif Demirtas

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License #3391674

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Fortune Christie's Intl R.E.

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786-300-5093

Last updated September 05, 2025

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Source: MIAMIRE #A11869565

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu3
  • HOA/Maint. Fees$2,044/quarter
  • Taxes$10,731/year
  • Size443 sqft
  • Price per sqft$1,129

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

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Listing History

09/04/2025
Listed by Fortune Christie's Intl R.E.
$499,999

Property Details for 398 NE 5th Street 2506

Association

Amenities

  • Association Amenities: Bar, Business Center, Elevator(s), Exercise Room, Pool, Sauna
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $2,044.00 Quarterly
  • Association Fee Includes: All Amenities, Common Area

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 49
  • Structure Type: Condo-Hotel, Condo
  • Window Features: Complete Impact Glass, Blinds
  • Year Built: 2022
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: The Elser
  • Construction Materials: Concrete Block Construction
  • Entry Level: 25
  • Exterior Features: Open Balcony

Features

  • Patio And Porch Features: Open Balcony
  • View: Bay

Measurements

  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-1820
  • Tax Annual Amount: $10,731.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Vinyl
  • Interior Features: Lobby, Closet Cabinetry

Measurements

  • Living Area: 443
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: MAPOFMIAMIDADE COFL PB B41

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Covered, Valet

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.