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$475,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 443 Sq. Ft.
See This Home
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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-á-terre, or income property. Prime location near Biscayne Bay, Bayside, Miami Beach, Wynwood, Arts District, museums, and parks.

Full Property Details for 398 NE 5th St #2506

General

  • Sold For: $475,000
  • HOA FEE: $681/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $10,731 (2024)
  • Status: Closed
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11869565
  • Added to Site: 135 day(s) ago

Interior

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

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level, Primary Bath Shower, Studio

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bar, Business Center, Elevator(s), Exercise Room, Pool, Sauna
  • Maint. Includes: All Amenities, Common Area
  • Security/Safety: Smoke Detector, Lobby Secured

Exterior

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

Parking

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

Location

  • Area: The Elser
  • County: Miami-Dade County
  • Subdivision: The Elser
  • Building Name: The Elser
  • Driving Directions: From I-95, take exit 2A toward Biscayne Blvd. Head east on NE 2nd Ave, then south on Biscayne Blvd. The Elser Hotel & Residences is at 398 NE 5th St, across from Bayside Marketplace.

Community

  • Community Name: The Elser
  • 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: Attached
  • Construction: Concrete Block Construction
  • Windows: Complete Impact Glass, Blinds
  • Doors: High Impact Doors
  • Entry Floor Number: 25
  • Square Feet: 443
  • Living Area: 443 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay
  • Potential Use: Unknown/Withheld

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,072.23
  • Association Fee: $2,044
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $10,731
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2506 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
  • Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 01-41-37-078-1820

Listed by Fortune Christie's Intl R.E.
Sold by Miami Property Shop

Listing agent

— 398 NE 5th St #2506 —

  • Fortune Christie's Intl R.E.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #2506

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 St #2506

Date
Details
Price
Change
Source
12/12/2025
Sold
$475,000
-2.86%
MLS
11/07/2025
Price Reduced
$489,000
-2.2%
MLS
9/04/2025
Listed
$499,999
—
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 Fortune Christie's Intl R.E.
Sold by Miami Property Shop

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398 NE 5th Street #2506, Miami, FL 33132 (MLS# A11869565) is a Condo property that was sold at $475,000 on December 12, 2025. Want to learn more about 398 NE 5th Street #2506? 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.