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$365,000

  • Sold
  • Closed
  • Condo
  • 1 Full Bath
  • 362 Sq. Ft.
See This Home
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Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Full Property Details for 398 NE 5th #2016

General

  • Sold For: $365,000
  • HOA FEE: $474/month
  • Taxes: $9,440 (2023)
  • Status: Closed
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11892628
  • Added to Site: 152 day(s) ago

Interior

  • Interior Features: Closet Cabinetry
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Bedroom Features: Studio

Other Rooms

  • Laundry: Washer/Dryer Hook-Up

Additional Information

  • Shared Amenities: Bar, Barbecue, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Trash Chute
  • Maint. Includes: All Amenities, Cable Tv, Internet/WiFi, Water
  • Security/Safety: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Exterior

  • Exterior Features: Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Parking Features: 1 Space, Valet

Location

  • Area: The Elser Hotel
  • County: Miami-Dade County
  • Subdivision: The Elser Hotel
  • Building Name: The Elser Hotel

Community

  • Community Name: The Elser Hotel
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo-Hotel, Condo
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Doors: High Impact Doors
  • Entry Floor Number: 20
  • Building Size: 362
  • Square Feet: 362
  • Living Area: 362 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay, Direct Ocean, Water View
  • Frontage: Bay
  • Potential Use: Investment

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,008.29
  • Association Fee: $474
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $9,440
  • Tax Year: 2023
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2016 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
  • Inclusions: None
  • Property ID: 01-41-37-078-5170

Listed by Novel Management, LLC.
Sold by EXP Realty LLC

Listing agent

— 398 NE 5th #2016 —

  • Novel Management, LLC.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th #2016

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th #2016

Date
Details
Price
Change
Source
1/27/2026
Sold
$365,000
-8.52%
MLS
12/15/2025
Price Reduced
$399,000
-2.44%
MLS
12/01/2025
Price Reduced
$409,000
-2.39%
MLS
11/20/2025
Price Reduced
$419,000
-2.33%
MLS
11/05/2025
Price Reduced
$429,000
-2.5%
MLS
10/08/2025
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Novel Management, LLC.
Sold by EXP Realty LLC

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398 NE 5th #2016, Miami, FL 33132 (MLS# A11892628) is a Condo property that was sold at $365,000 on January 27, 2026. Want to learn more about 398 NE 5th #2016? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.