398 NE 5th Street Unit 1902, Miami, FL 33132

$489,000
1
BA
430
SqFt

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List Price
$489,000
Status
ACTIVE
Days on Market
5
Price Change
▼ $6,000 1789187482
MLS#
A12086164
Subtype
Residential
Year Built
2022
Bathrooms
1
Full Baths
1
Living Area
430
Subdivision
The Elser Hotel Miami
MLS Area Major
2420

Property Description

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 by Jaguar Sun, 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.

Additional Information

Amenities
Elevator(s), Fitness Center, Maintenance Grounds, Other, Pool, Sauna, Spa/Hot Tub
Interior Features
Living/Dining Room, Main Level Primary
HOA Fee
$6,000
HOA Freqency
Annually
Pets Allowed
Yes
Pets
Yes
Flooring
Other
Appliances
Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer
Heating
None
Air Conditioning
Central Air
Exterior Construction
Block
Stories
49
Garage Spaces
1
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
View
Bay, Other

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Listing courtesy of Pink Miami Real Estate. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Zachary A Freedman | Email: zach@pinkmiami.com