398 NE 5th Street 2903, Miami, FL 33132

$690,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 439 Status: Active
Current Price: $690,000 List Date: 11/08/2025 Last Modified: 2/19/2026

Description

The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished Studio residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.Can be sold as one or package deal with units 4503 and 4603.

More Information MLS# R11067982

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Contract Date: 2025-03-04 Status: Active Original List Price: 779000 List Price: $690,000 Current Price: $690,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Postal Zip: 33132 Development Name: THE ELSER Geographic Area: DADE Multiple Offers Accepted: Yes Special Assessment YN: No Country: United States Street Number: 398 Street Direction Prefix: NE Street Name: 5th Street Suffix: Street Unit Number: 2903 State Or Province: FL Postal Code: 33132 Subdivision Name: THE ELSER Area: 2410 Parcel Number: 0141370780840 Zoning: RES

General Property Information

Unit Floor #: 29 Living Area Main: 439 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Furnished Pool Private YN: No Spa YN: No Property Sub Type: Condominium Bedrooms Total: 1 Bathrooms Total: 1 Bathrooms Full: 1 Building Area Main: 439 Building Area Source: Builder Year Built: 2022 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 1 Covered Spaces: 1 Direction Faces: Northeast

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Membership Fee Required YN: No Association YN: 1 Association Fee: 680 Association Fee Frequency: Monthly Tax Annual Amount: 11314.8 Tax Year: 2024 Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 2903 UNDIV 0.1112% INT IN COMMON ELEMENTS OFF REC 33416-1520

Office/Member Information

DXORIGMLSID: RML

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Amenities

Cafe/Restaurant: 1 Community Room: 1 Fitness Center: 1 Internet Included: 1 Manager On Site: 1 Parking: 1 Pool: 1

Association Fee Includes

HVAC Maintenance: 1 Insurance: 1 Maintenance Grounds: 1 Sewer: 1 Trash: 1 Water: 1

Dining Area

Kitchen Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Ceramic Tile: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Qualifying Requirements

Minimum Credit Score: 620

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1 Electric: 1

Sprinkler Description

Auto Sprinkler: 1

Leasing Restrictions

Leasing - Max Times Per Year: 365 Leasing - Minimum Number of Days: 2

Unit Description

Condominium Hotel: 1

Water Access

None: 1

Water View

Bay: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Construction Materials

Concrete: 1

Laundry Features

Inside: 1 Laundry Closet: 1

Listing Terms

Cash: 1 Conventional: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Water Source

Public: 1

Architectural Style

Colonial: 1

Capital Contributions

Capital Contributions YN: No

Cooling

Central Air: 1 Electric: 1

Association Type

Condominium: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Master Bedroom/Bath

None: 1

Membership

No Membership Available: 1

Pets Allowed YN

No: 1

Restrictions

Buyer Approval Required: 1 Daily Rates: 1 Lease OK: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1

Room Types

Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 1571.75

Status Change Information

Major Change Timestamp: 2025-11-08T23:38:14Z Major Change Type: Back on Market Price Change Timestamp: 2025-11-08T23:37:53Z Status Change Date: 2025-11-08

Originating Details

Originating System Key: 20250304184108138897000000 Originating System ID: M00000170

Property Features

Association Fee Includes: HVAC Maintenance; Insurance; Maintenance Grounds; Trash; Water Dining Area: Kitchen Dining Electric: Three Phase Flooring: Ceramic Tile Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Architectural Style: Colonial Construction Materials: Concrete Cooling: Central Air Association Type: Condominium Heating: Central; Electric Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: No Restrictions: Buyer Approval Required; Daily Rates; Lease OK Security Features: Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Unit Description: Condominium Hotel Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Water View: Bay Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Room Information

Living Room Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Level: Main Kitchen Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Level: Main Master Bedroom Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Level: Main Laundry
Listing Office: Linart Realty, LLC
IDX
Last Updated: February - 19 - 2026
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