398 NE 5th St # 1902 Miami FL 33132 MLS #A12086164

398 NE 5th St # 1902
Miami, FL, 33132
$489,000
Beds
1 Baths
430 SqFt
0 Acres
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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.

Property Details

Price:
$489,000
MLS #:
A12086164
Status:
Active
Beds:
0
Baths:
1
Address:
398 NE 5th St # 1902
Type:
Condo
Subtype:
Condominium
Subdivision:
The Elser Hotel Miami
Neighborhood:
theelserhotelmiami
City:
Miami
Listed Date:
Sep 9, 2026
State:
FL
Finished Sq Ft:
430
Total Sq Ft:
430
ZIP:
33132
Year Built:
2022
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Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Other
Heating
None

Exterior

Architectural Style
High Rise
Association Amenities
Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/ Hot Tub
Construction Materials
Concrete Block Construction
Parking Features
1 Space
Security Features
Card Entry, Lobby Secured

Financial

HOA Fee
$2,006
HOA Frequency
Quarterly
Tax Year
2025

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Community

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