For saleActiveListed Jul 20, 2026 · 93 days
$539,000

398 NE 5th St #2007, Miami, FL 33132

Studio1 bath442 sq ft$1,219 per sq ftBuilt 2022

As of , this studio, 1 bath condo at The Elser Hotel & Residences is for sale at $539,000 ($1,219 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$600 / month
Property tax
$9,430 (2025)
Parking
1 garage space
View
Bay
Waterfront
No
Pets
Pets allowed
Cooling
Central Air
Heating
Central
MLS number
A12055966

Listing information

Listing courtesy of EXP Realty LLC, 888-883-8509, a.shahin.broker@exprealty.net

Listing agent: Alvaro Andres Del Busto, alvaro@floridarealtyguru.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

NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

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 8,406 listings for sale. The median listing for sale there has been on the market for 90 days.

Price and status history

Listing date
Days on market
93
Original list price
$650,000
Price changes
1
DateEventPrice
Price changed$650,000 → $539,000
Listed$650,000

From the MLS. RealVista does not show sold prices.

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