Condo for Sale
$1,999,000
4 bd · 4 ba · 1,761 sqft
398 NE 5th St # 3718-3719, Miami, FL 33132
Listed today
THE ELSER CONDO
398 NE 5th St, Miami, FL 33132 · Miami
Downtown's flexible-ownership flagship, The Elser is a 49-story tower across from Bayfront Park, delivered in 2023, whose fully furnished residences carry no rental restrictions — owners can live full-time, lease annually, or place units in the on-site hotel program and short-term-rental market as they wish.
Today 57 units are on the market, priced from $489K up to $2.0M (a median $1,411 per square foot). By size: 8 studios from $489K, 29 one-bedrooms from $499K, 9 two-bedrooms from $1.1M, 10 three-bedrooms from $1.2M and 1 four-bedroom-plus from $2.0M. For renters, 24 units are available on annual leases from $2,650 to $9,500 a month.
HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.
Residence configurations observed across current and recent The Elser Hotel & Residences listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| Studio / 1 Bath | 341–455 sqft | 8 | 5 | $489K – $720K | $1,618 |
| 1 Bed / 1 Bath | 430–626 sqft | 28 | 4 | $499K – $1.1M | $1,497 |
| 1 Bed / 2 Bath | 665 sqft | 1 | 3 | $959K | $1,442 |
| 2 Bed / 2 Bath | 810–983 sqft | 6 | 1 | $1.3M – $1.6M | $1,654 |
| 2 Bed / 3 Bath | 1,043 sqft | 3 | 2 | $1.1M – $1.3M | $1,141 |
| 3 Bed / 3 Bath | 976–2,301 sqft | 10 | 9 | $1.2M – $1.6M | $1,243 |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
Condo for Sale
$1,999,000
4 bd · 4 ba · 1,761 sqft
398 NE 5th St # 3718-3719, Miami, FL 33132
Listed today
THE ELSER CONDO
Condo for Sale
$1,650,000
3 bd · 3 ba · 1,150 sqft
398 NE 5th St # 4701, Miami, FL 33132
106 days on market
The Elser
Condo for Sale
$1,629,000
2 bd · 2 ba · 983 sqft
398 NE 5th St # 3209, Miami, FL 33132
578 days on market
The Elser
Home for Sale
$1,600,000
3 bd · 3 ba · 1,135 sqft
398 NE 5th St # 2418, Miami, FL 33132
187 days on market
The Elser
Condo for Sale
$1,599,000
3 bd · 3 ba · 1,135 sqft
398 NE 5th Street # 4618, Miami, FL 33132
202 days on market
Condo for Sale
$1,450,000
3 bd · 3 ba · 1,135 sqft
398 NE 5th St # 3318, Miami, FL 33132
88 days on market
The Elser Residences
Condo for Sale
$1,449,000
2 bd · 2 ba · 818 sqft
398 NE 5th St # 1811, Miami, FL 33132
205 days on market
The Elser Residence
Condo for Sale
$1,379,000
2 bd · 2 ba · 818 sqft
398 NE 5th St # 3711, Miami, FL 33132
49 days on market
The Elser
Condo for Sale
$1,379,000
3 bd · 3 ba · 1,135 sqft
398 NE 5th St # 3618, Miami, FL 33132
205 days on market
The Elser Residences
Condo for Sale
$1,338,000
3 bd · 3 ba · 1,040 sqft
398 NE 5th St # 1417, Miami, FL 33132
770 days on market
The Elser Hotel
Condo for Sale
$1,335,000
2 bd · 2 ba · 818 sqft
398 NE 5th St # 3811, Miami, FL 33132
227 days on market
The Elser Hotel
Condo for Sale
$1,300,000
2 bd · 2 ba · 810 sqft
398 NE 5th St # 1911, Miami, FL 33132
23 days on market
The Elser
Condo for Sale
$1,300,000
3 bd · 3 ba · 1,150 sqft
Listed today
Elser Condo
Condo for Sale
$1,299,000
2 bd · 2 ba · 825 sqft
398 NE 5th St # 1711, Miami, FL 33132
Listed today
The Elser
Condo for Sale
$1,299,000
2 bd · 3 ba · 1,043 sqft
398 NE 5th St # 3017, Miami, FL 33132
324 days on market
Elser
Condo for Sale
$1,299,000
3 bd · 3 ba · 1,135 sqft
398 NE 5TH # 4118, Miami, FL 33132
17 days on market
The Elser Residences
Condo for Sale
$1,225,000
3 bd · 3 ba · 1,135 sqft
398 NE 5th St # 2118, Miami, FL 33132
26 days on market
Elser
Condo for Sale
$1,200,000
3 bd · 3 ba · 1,150 sqft
398 NE 5th St # 1601, Miami, FL 33132
1 day on market
The Elser
Condo for Sale
$1,180,000
2 bd · 3 ba · 1,043 sqft
398 NE 5th St # 4417, Miami, FL 33132
430 days on market
ELSER
Condo for Sale
$1,139,000
1 bd · 1 ba · 626 sqft
398 NE 5th St # 4719, Miami, FL 33132
63 days on market
The Elser Residences
Condo for Sale
$1,090,000
2 bd · 3 ba · 1,043 sqft
398 NE 5th Street # 2017, Miami, FL 33132
248 days on market
The Elser
Condo for Sale
$1,050,000
1 bd · 1 ba · 509 sqft
398 NE 5th St # 1510, Miami, FL 33132
587 days on market
The Elser
Condo for Sale
$1,050,000
1 bd · 1 ba · 509 sqft
398 NE 5th St # 2910, Miami, FL 33132
514 days on market
THE ELSER
Condo for Sale
$958,800
1 bd · 2 ba · 665 sqft
398 NE 5th St # 1614, Miami, FL 33132
997 days on market
The Elser Hotel
Condo for Sale
$930,000
1 bd · 1 ba · 626 sqft
398 NE 5th St # 2119, Miami, FL 33132
423 days on market
The Elser
Condo for Sale
$890,000
1 bd · 1 ba · 509 sqft
398 NE 5th St # 4210, Miami, FL 33132
69 days on market
The Elser
Condo for Sale
$870,000
1 bd · 1 ba · 560 sqft
398 NE 5th St # 3515, Miami, FL 33132
320 days on market
The Elser
Condo for Sale
$860,000
1 bd · 1 ba · 560 sqft
219 days on market
The Elser
Condo for Sale
$850,000
1 bd · 1 ba · 626 sqft
398 NE 5th St # 1619, Miami, FL 33132
497 days on market
The Elser Residences
Condo for Sale
$850,000
1 bd · 1 ba · 442 sqft
398 NE 5th Street # 3907, Miami, FL 33132
93 days on market
Condo for Sale
$795,000
1 bd · 1 ba · 442 sqft
398 NE 5th St # 1407, Miami, FL 33132
120 days on market
The Elser
Condo for Sale
$790,000
1 bd · 1 ba · 560 sqft
398 NE 5th St # 1615, Miami, FL 33132
42 days on market
Elser Residences
Condo for Sale
$780,000
1 bd · 1 ba · 560 sqft
398 NE 5th St # 4415, Miami, FL 33132
367 days on market
The Elser Residences Miam
Home for Sale
$768,000
1 bd · 1 ba · 430 sqft
398 NE 5th St # 4708, Miami, FL 33132
796 days on market
THE ELSER
Home for Sale
$729,800
1 bd · 1 ba · 443 sqft
398 NE 5th St # 4006, Miami, FL 33132
796 days on market
THE Elser
Condo for Sale
$720,000
0 bd · 1 ba · 442 sqft
398 NE 5th St # 3207, Miami, FL 33132
256 days on market
The Elser
Condo for Sale
$720,000
1 bd · 1 ba · 442 sqft
398 NE 5th St # 2407, Miami, FL 33132
264 days on market
ELSER
Home for Sale
$709,000
0 bd · 1 ba · 341 sqft
398 NE 5th St # 2112, Miami, FL 33132
83 days on market
THE ELSER
Condo for Sale
$699,900
0 bd · 1 ba · 362 sqft
398 NE 5th St # 4316, Miami, FL 33132
107 days on market
The Elser
Condo for Sale
$699,900
1 bd · 1 ba · 560 sqft
398 NE 5th Street # 1715, Miami, FL 33132
247 days on market
Condo for Sale
$699,000
1 bd · 1 ba · 442 sqft
398 NE 5th St # 2205, Miami, FL 33132
211 days on market
The Elser
Condo for Sale
$699,000
1 bd · 1 ba · 442 sqft
398 NE 5th St # 2805, Miami, FL 33132
4 days on market
The ELSER Residances
Condo for Sale
$685,000
1 bd · 1 ba · 626 sqft
398 NE 5th St # 2319, Miami, FL 33132
253 days on market
The Elser Residences
Condo for Sale
$674,999
1 bd · 1 ba · 560 sqft
398 NE 5th Street # 4015, Miami, FL 33132
191 days on market
Condo for Sale
$665,000
1 bd · 1 ba · 560 sqft
398 NE 5th St # 2215, Miami, FL 33132
192 days on market
The Elser
Condo for Sale
$660,000
1 bd · 1 ba · 579 sqft
398 NE 5th St # 1915, Miami, FL 33132
97 days on market
THE ELSER HOTEL
Condo for Sale
$650,000
1 bd · 1 ba · 439 sqft
398 NE 5th St # 2203, Miami, FL 33132
58 days on market
The Elser
Condo for Sale
$649,900
0 bd · 1 ba · 341 sqft
398 NE 5th St # 4512, Miami, FL 33132
246 days on market
The Elser
Condo for Sale
$599,999
1 bd · 1 ba · 443 sqft
398 NE 5th St # 2904, Miami, FL 33132
73 days on market
The Elser
Condo for Sale
$599,900
1 bd · 1 ba · 560 sqft
398 NE 5TH Street # 1515, Miami, FL 33132
44 days on market
Condo for Sale
$599,000
0 bd · 1 ba · 362 sqft
398 NE 5th St # 2116, Miami, FL 33132
208 days on market
The Elser
Condo for Sale
$580,000
1 bd · 1 ba · 442 sqft
46 days on market
The Elser
Condo for Sale
$579,000
1 bd · 1 ba · 443 sqft
398 NE 5th St # 3104, Miami, FL 33132
18 days on market
The Elser
Condo for Sale
$539,000
0 bd · 1 ba · 442 sqft
398 NE 5th St # 2007, Miami, FL 33132
63 days on market
The Elser
Condo for Sale
$499,000
1 bd · 1 ba · 442 sqft
398 NE 5th St # 3805, Miami, FL 33132
4 days on market
THE ELSER
Condo for Sale
$495,000
0 bd · 1 ba · 357 sqft
398 NE 5th St # 4313, Miami, FL 33132
217 days on market
THE ELSER
Condo for Sale
$489,000
0 bd · 1 ba · 430 sqft
398 NE 5th St # 1902, Miami, FL 33132
4 days on market
The Elser Hotel Miami
Downtown Miami · Miami · Miami-Dade County
Current asking prices run $489K–$2.0M across 57 listings. Exact value depends on floor, line, view and finish.
Yes — 57 residences are for sale, the least expensive at $489K. Mix: 8 studios, 29 one-bedrooms, 9 two-bedrooms, 10 three-bedrooms and 1 four-bedroom-plus. 24 units are also available for rent.
The Elser Hotel & Residences was completed in 2023 and has 49 stories. The project credits developer Property Markets Group · Greybrook and architect Sieger Suarez.
The Elser Hotel & Residences is at 398 NE 5th St, Miami, FL 33132, in Downtown Miami.
The Elser Hotel & Residences is a condominium in Downtown Miami, Miami, FL 33132 (Miami-Dade County). Current snapshot — 57 for sale and 24 for rent. For a private showing, off-market availability or a valuation of your unit at The Elser Hotel & Residences, call Matthew Gromadzki at +1 786-370-8570.