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Built in 2022 - 646 units - 47 floors

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Building Information

Elster (The)

Number of units: 646
Active listings for rent: 15
Active listings for sale: 87
Building inventory for sale: 13%
Number of sales over the last 12 months: 12
Number of sales over the last 6 months: 7
Number of sales over the last 3 months: 4
Avg. time to close over last 12 months: 147 days

Address

398 NE 5 St, Miami, Miami-Dade, FL, 33132

The Elser Residences Miami
Address: 398 NE 5th St,
Miami, FL 33132
Phone: +1 305-744-5842

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
2815 560 sq ft Nov 2025 $620,000 $1,107
1412 341 sq ft Nov 2025 $400,000 $1,173
3503 439 sq ft Oct 2025 $485,000 $1,105
1516 362 sq ft Oct 2025 $425,000 $1,174
3803 439 sq ft Aug 2025 $510,000 $1,162

Market Information

Building vs Area

Elster (The): $1279/sq. ft.
Miami: $627/sq. ft.

Area vs City

Miami $627/sq. ft.
Miami-Dade $671/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 4%

Avg. time to close over last 12 months

Elster (The) 147 days
Miami: 70 days
Miami-Dade: 77 days