For saleActiveListed Oct 5, 2026 · 15 days
$699,000

398 NE 5th St #2805, Miami, FL 33132

1 bed1 bath442 sq ft$1,581 per sq ftBuilt 2022

As of , this 1 bedroom, 1 bath condo at The Elser Hotel & Residences is for sale at $699,000 ($1,581 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$680 / month
Property tax
$10,703 (2025)
Parking
1 garage space
View
Intracoastal, Other, Skyline, Water
Waterfront
Yes
Pets
Pets allowed
Cooling
Other
Heating
Electric, Other
MLS number
A12103466

Listing information

Listing courtesy of Cays LLC, 954-305-6424, selda@cays.com

Listing agent: Handan Gucyilmaz Gunay, handan@cays.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

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

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
15
Original list price
$699,000
Price changes
0
DateEventPrice
Listed$699,000

From the MLS. RealVista does not show sold prices.

Similar homes nearby

All homes in Miami