398 NE 5th Street Unit 2503
Miami, FL 33132
Map
- – beds
- 1 bath
- 439 sqft
- $1,341 per sqft
- 2022 build
- – on site
Enjoy the best of both worlds--own your Miami pied-a-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern decor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 29, 2025
•
MLS# RX-11094556 —
The Building
-
Year Built:2022
-
Construction:CBS, Concrete
-
Stories:49
-
Front Exposure:East
-
Unit #:2503
-
Unit Floor #:25
-
Exterior Features:Open Balcony
-
Window Treatments:Impact Glass
-
Porch/Patio/Balcony:Balcony
-
SqFt Total:439
-
SqFt Source:Tax Rolls
-
Storm Protection Impact Glass:Complete
Interior
-
Furnished:Yes
-
Interior Features:Closet Cabinets
-
Master Bedroom/Bath:None
-
Flooring:Tile
-
Rooms:Studio Bedroom
-
SqFt Living:439
Financial & Terms
-
Terms Considered:Cash, Conventional
-
Short Sale:No
-
Possession:At Closing
-
HOPA:No Hopa
-
Price Per SqFt:$1,341.69
Location
-
Directions:The building is located at 398 NE 5th Street, on the corner of NE 5th St and NE 4th Ave, near Bayside Marketplace and the Kaseya Center.
-
Area:2410
-
Latitude:25.778946
-
Longitude:-80.189299
-
Geographic Area:DADE
The Property
-
Parcel ID:0141370780800
-
Zoning:6401
-
Type:Condo/Coop
-
View:Bay
-
Waterfront:Bay
-
Waterfront:Yes
Listing Agent
- Contact info:
- Agent phone:
- (954) 937-5406
- Office phone:
- (561) 324-4232
Taxes
-
Taxes:$11,178.50
-
Taxes:City/County
-
Tax Year:2024
Baths
-
Total Baths:1
-
Full Baths:1
-
Main Level Baths:1
The Listing
Heating & Cooling
-
Heating:Central, Central Building, Electric
-
Cooling:Central, Central Building, Electric
Utilities
-
Utilities:Cable, Well Water
Appliances
-
Appliances Included:Dishwasher, Disposal, Dryer, Fire Alarm, Microwave, Range - Electric, Smoke Detector, Washer
-
Laundry Appliances Included:Washer and Dryer
The Community
-
Subdivision:THE ELSER
-
Subdivision Amenities:Business Center, Elevator, Fitness Center, Lobby, Pool, Trash Chute
-
Association Fee:$455
-
Application Fee:150.00
-
Security:Doorman, Lobby
-
Pets Allowed:Yes
-
Pets on Premises:Yes
-
Maintenance Fees Include:Cable, Common Areas, Elevator, Hot Water, Maintenance-Exterior, Parking, Pool Service, Security, Trash Removal, Water
-
Restrictions:Lease OK, Lease OK w/Restrictions, Other
-
Governing Bodies:Condo
Parking
-
Parking:Assigned, Covered
-
Garage Spaces:1
-
Covered Spaces:1.00
Monthly cost estimate
Asking price
$589,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,153
|
| Taxes | $931 |
| Insurance | $161 |
| HOA fees | $455 |
| Utilities | $81 See report |
| Total | $4,781/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/28/25
May 28, 2025
|
Listed / Active | BMLS | $589,000 | |
|
3/20/25
Mar 20, 2025
|
Listed / Active | BMLS | ||
|
2/6/25
Feb 6, 2025
|
Price Changed | MLSM |
