For saleUnder contractUnder contract since Oct 4, 2026
$525,000

398 NE 5th St #4716, Miami, FL 33132

Studio1 bath362 sq ft$1,450 per sq ftBuilt 2022

As of , this studio, 1 bath condo at The Elser Hotel & Residences is under contract; it was listed at $525,000 ($1,450 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$474 / month
Property tax
$10,550 (2025)
View
Bay, Intracoastal, Water
Waterfront
Yes
Pets
Pets allowed, with restrictions
Cooling
Electric
Heating
Electric
MLS number
A11995606

Listing information

Listing courtesy of Miami Masterpiece, 786-728-9127, contact@miamimasterpiece.com

Listing agent: Carla Michelle Ruiz Contreras, contact@miamimasterpiece.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

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity.Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential.Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets.Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.

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 8,405 listings for sale. The median listing for sale there has been on the market for 90 days.

Price and status history

Listing date
Under contract
Original list price
$525,000
Price changes
0
DateEventPrice
Listed$525,000

From the MLS. RealVista does not show sold prices.

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