For saleActiveListed Sep 9, 2026 · 42 days
$489,000

398 NE 5th St #1902, Miami, FL 33132

Studio1 bath430 sq ft$1,137 per sq ftBuilt 2022

As of , this studio, 1 bath condo at The Elser Hotel & Residences is for sale at $489,000 ($1,137 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$2,006
Parking
1 garage space
View
Bay, Other
Waterfront
Yes
Pets
Pets allowed
Cooling
Central Air
Heating
None
MLS number
A12086164

Listing information

Listing courtesy of Pink Miami Real Estate, 305-605-7465, admin@pinkmiami.com

Listing agent: Zachary A Freedman, zach@pinkmiami.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted — and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant called ViseVersa, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.

The text above is the listing description from the MLS, as written by the listing agent.

The building

The Elser Hotel & ResidencesAs of , The Elser Hotel & Residences has 53 condos for sale, most from $525,000 to $1,379,000, and 24 for rent. The median asking price is $1,411 per sq ft.See all units and prices in this building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 91 days.

Price and status history

Listing date
Days on market
42
Original list price
$495,000
Price changes
1
DateEventPrice
Price changed$495,000 → $489,000
Listed$495,000

From the MLS. RealVista does not show sold prices.

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