Elser

Elser -- Downtown Miami condos for sale

Located at 398 5th St, Miami, FL 33132, Elser is a 47-story high-rise completed in 2022. 55 units are currently active on the market. Active inventory currently exceeds 55 units, which is high turnover relative to peer luxury buildings -- buyers have negotiating room.Read More

Active Listings

Unit 3718-3719 · $1,999,000

4 BD · 4 BA

Listed: Dec 30

DOM: 84

Unit 2717 · $1,499,000

$/SF: $1,437

3 BD · 3 BA

Listed: Jan 12

DOM: 0

Unit 1601 · $1,399,999

$/SF: $1,217

3 BD · 3 BA

Listed: Nov 6

DOM: 9

Unit 3717 · $1,399,000

$/SF: $1,341

3 BD · 3 BA

Listed: Jun 6

DOM: 285

Unit 3618 · $1,379,000

$/SF: $1,215

3 BD · 3 BA

Listed: Nov 13

DOM: 68

Unit 1417 · $1,338,000

$/SF: $1,287

3 BD · 3 BA

Listed: Sep 13

DOM: 700

Unit 1617 · $1,299,000

$/SF: $1,249

3 BD · 3 BA

Listed: Jan 13

DOM: 90

Unit 3901 · $1,099,000

$/SF: $956

3 BD · 3 BA

Listed: Apr 24

DOM: 354

Unit 1809 · $1,099,000

$/SF: $1,126

3 BD · 3 BA

Listed: Apr 20

DOM: 11

Unit 1811 · $1,449,000

$/SF: $1,771

2 BD · 2 BA

Listed: Nov 13

DOM: 68

Unit 3711 · $1,399,000

$/SF: $1,710

2 BD · 2 BA

Listed: Jul 10

DOM: 236

Unit 3811 · $1,385,000

$/SF: $1,693

2 BD · 2 BA

Listed: Feb 21

DOM: 12

Unit 4417 · $1,300,000

$/SF: $1,246

2 BD · 3 BA

Listed: Jul 27

DOM: 280

Unit 3017 · $1,299,000

$/SF: $1,245

2 BD · 3 BA

Listed: Oct 20

DOM: 172

Unit 4410 · $1,174,000

$/SF: $2,306

1 BD · 1 BA

Listed: Mar 9

DOM: 0

Unit 2910 · $1,050,000

$/SF: $2,063

1 BD · 1 BA

Listed: May 13

DOM: 231

Unit 1510 · $1,050,000

$/SF: $2,063

1 BD · 1 BA

Listed: Jan 30

DOM: 355

Unit 3010 · $990,000

$/SF: $1,945

1 BD · 1 BA

Listed: Dec 2

DOM: 511

Unit 1614 · $958,800

$/SF: $1,442

1 BD · 2 BA

Listed: Sep 13

DOM: 927

Unit 3310 · $950,000

$/SF: $1,866

1 BD · 1 BA

Listed: Oct 3

DOM: 11

Unit 2119 · $930,000

$/SF: $1,486

1 BD · 1 BA

Listed: Apr 9

DOM: 364

Unit 2314 · $899,900

$/SF: $1,353

1 BD · 2 BA

Listed: Feb 1

DOM: 50

Unit 4210 · $890,000

$/SF: $1,749

1 BD · 1 BA

Listed: Nov 25

DOM: 0

Unit 3515 · $870,000

$/SF: $1,554

1 BD · 1 BA

Listed: Nov 14

DOM: 55

Unit	Price	$/SF	Beds	Baths	Listed	DOM	Insider Price	More
#3718-3719	$1,999,000	—	4	4	Dec 30, 25	84	—	+
#2717	$1,499,000	$1,437	3	3	Jan 12, 26	0	—	+
#1601	$1,399,999	$1,217	3	3	Nov 6, 25	9	—	+
#3717	$1,399,000	$1,341	3	3	Jun 6, 25	285	—	+
#3618	$1,379,000	$1,215	3	3	Nov 13, 25	68	—	+
#1417	$1,338,000	$1,287	3	3	Sep 13, 23	700	—	+
#1617	$1,299,000	$1,249	3	3	Jan 13, 26	90	—	+
#3901	$1,099,000	$956	3	3	Apr 24, 25	354	—	+
#1809	$1,099,000	$1,126	3	3	Apr 20, 26	11	—	+
#1811	$1,449,000	$1,771	2	2	Nov 13, 25	68	—	+
#3711	$1,399,000	$1,710	2	2	Jul 10, 25	236	—	+
#3811	$1,385,000	$1,693	2	2	Feb 21, 26	12	—	+
#4417	$1,300,000	$1,246	2	3	Jul 27, 25	280	—	+
#3017	$1,299,000	$1,245	2	3	Oct 20, 25	172	—	+
#4410	$1,174,000	$2,306	1	1	Mar 9, 26	0	—	+
#2910	$1,050,000	$2,063	1	1	May 13, 25	231	—	+
#1510	$1,050,000	$2,063	1	1	Jan 30, 25	355	—	+
#3010	$990,000	$1,945	1	1	Dec 2, 24	511	—	+
#1614	$958,800	$1,442	1	2	Sep 13, 23	927	—	+
#3310	$950,000	$1,866	1	1	Oct 3, 25	11	—	+
#2119	$930,000	$1,486	1	1	Apr 9, 25	364	—	+
#2314	$899,900	$1,353	1	2	Feb 1, 26	50	—	+
#4210	$890,000	$1,749	1	1	Nov 25, 25	0	—	+
#3515	$870,000	$1,554	1	1	Nov 14, 25	55	—	+

• →Elser is a 47-story high-rise at 398 5th St, Miami, FL 33132, built 2022. Currently 55 active listings on the market, with active asking prices ranging up to $2.0M.
• →Neighborhood: Downtown Miami. Downtown Miami covers Park West, Worldcenter, and Bayfront -- north of the Miami River, currently in the middle of a master-planned redevelopment that's reshaping the neighborhood through 2028. Lower density than Brickell, bayfront access, and Metromover (free) connecting the district to Brickell.
• →Buyer profile here: Buyers willing to wait for the neighborhood to fill in -- tradeoff is lower price for the same building tier vs. Brickell.
• →Built 2022 (4 years old).
• →Entry-luxury condos with active asking prices up to $2.0M.
• →At 47 stories, Elser is among the taller residential structures in Downtown Miami -- high-floor units typically command pricing premiums for unobstructed views.
• →Compared anchor: Compared to Brickell (built-out financial district), Downtown is the bet on the next 4 years -- newer construction, 15-30% lower per square foot for similar building quality, less walkable today, more transformation per month.
• →Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
• →Pre-offer diligence: Building selection matters more than neighborhood selection here. Look at construction completion timelines for adjacent Worldcenter projects -- they directly affect resale timing.
• →Ricky has worked the Downtown Miami market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.

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