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The Elser Hotel & Residences, 398 NE 5th St 1412, Miami, FL 33132

449,000(-4.45% )
StudioBeds
1Baths
341SqFt

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Details

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Status:
Active
Parking: No info
Size: 341 SqFt (32 m2)
Price: $1,258/SqFt ($13,542/m2)
Type: Condo
Built: 2022
HOA: $524/MO
MLS Number: A11846720
View: Bay
On Site: 69 Days
Updated: 12 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Prime investment! Best price in the building at the time of publication! Gorgeous furnished studio at the awarded the elser hotel & residences, facing biscayne bay and city. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating led tv, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, beach club service in south beach, valet parking, spa, multi-level gym & business center. Steps from bayside, kaseya center, brightline, brickell, miami river; close to port of miami and the next signature bridge & wynwood. Enjoy the vibrant miami luxury lifestyle!low hoa: $1,573 quarterly
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Windows/Treatment: ImpactGlass
  • Year Built: 2022
  • Year Built Description: Condo-Hotel
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-07-25T18:09:31.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CableTv, Internet, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
    • Taxes: 9327
    • Security Information: ElevatorSecured, KeyCardEntry, LobbySecured
    • Parking Description: Covered, OneSpace, Valet
    • Total Floors in Building: 49

    Price History

    09/20/2025

    Date

    Price Reduced

    Event

    $429K

    Price

    -4.45%

    Change Rate

    $1,258 ft2 / $13,542 m2

    Price Per

    08/22/2025

    Date

    Price Reduced

    Event

    $449K

    Price

    -0.22%

    Change Rate

    $1,317 ft2 / $14,173 m2

    Price Per

    07/24/2025

    Date

    Listed

    Event

    $450K

    Price

    $1,320 ft2 / $14,205 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Juan MezziniMezzini Realty Group • Buyer Agency Compensation .

    Instant Comps

    $900/ft²
    $1,100/ft²
    $1,400/ft²
    $1,700/ft²

    Unit #1412 – Asking

    $1,258/ft²

    (-31%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,817/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 16120/1341$1,393SoutheastBay$475,0005/13/2025
    # 21120/1341$1,813SoutheastBay$618,2008/30/2023
    # 30120/1341$1,883SoutheastBay$642,0008/30/2023
    # 35120/1341$1,880SoutheastBay$641,0008/30/2023
    # 45120/1341$2,116SoutheastBay$721,5008/30/2023
    Preview
    Unit: # 1612
    Bed/Bath: 0/1
    Size SqFt: 341
    $/SqFt: $1,393
    Exposure: Southeast
    View: Bay
    Sold: $475,000
    Closed Date: 5/13/2025
    Unit: # 2112
    Bed/Bath: 0/1
    Size SqFt: 341
    $/SqFt: $1,813
    Exposure: Southeast
    View: Bay
    Sold: $618,200
    Closed Date: 8/30/2023
    Unit: # 3012
    Bed/Bath: 0/1
    Size SqFt: 341
    $/SqFt: $1,883
    Exposure: Southeast
    View: Bay
    Sold: $642,000
    Closed Date: 8/30/2023
    Unit: # 3512
    Bed/Bath: 0/1
    Size SqFt: 341
    $/SqFt: $1,880
    Exposure: Southeast
    View: Bay
    Sold: $641,000
    Closed Date: 8/30/2023
    Unit: # 4512
    Bed/Bath: 0/1
    Size SqFt: 341
    $/SqFt: $2,116
    Exposure: Southeast
    View: Bay
    Sold: $721,500
    Closed Date: 8/30/2023
    THINKING OF SELLING IN The Elser Hotel & Residences at Miami?

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