The Elser Hotel & Residences, 398 NE 5th St #1416, Miami, FL 33132

540,000(-7.59% )
StudioBeds
1Baths
455SqFt

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Details

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Status:
Active
Parking: 1
Size: 455 SqFt (42 m2)
Price: $1,097/SqFt ($11,805/m2)
Type: Condo
Built: 2023
HOA: $550/MO
MLS Number: A11765024
View: City,Ocean,Water
On Site: 148 Days
Updated: 4 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2023
Location! Beautiful and modern 2022 building approved for vacation rental! Totally furnished included in the price, lavis suites, stunning ocean view, amazing amenities, design for enjoyment, elegant lobby, security 24/7, valet parking, incredible rooftop pools, cocktail bar, luxury hotel-condo, multi-level fitness complex with panoramic views, in the heart of brickell downtown, dinning and nightlife walking distance, waterfront views, art, entertainment, ready to live, to enjoy, and/or to rent... It is a gem with so much potential....
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Other
  • View: City,Ocean,Water
Interior, Heating and Cooling
  • Interior Features: Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Other, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Tile
  • Year Built: 2023
  • Year Built Description: New Construction
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-03-17T12:53:18.000-00:00
    • Pets Allowed: Conditional,No
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: 23989
    • Security Information: Other
    • Parking Description: Covered, Detached, Garage, OneSpace
    • Total Floors in Building: 49

    Price History

    08/08/2025

    Date

    Price Reduced

    Event

    $499K

    Price

    -7.59%

    Change Rate

    $1,097 ft2 / $11,805 m2

    Price Per

    03/19/2025

    Date

    Price Reduced

    Event

    $540K

    Price

    -7.69%

    Change Rate

    $1,187 ft2 / $12,775 m2

    Price Per

    03/17/2025

    Date

    Listed

    Event

    $585K

    Price

    $1,286 ft2 / $13,839 m2

    Price Per

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

    Listed by Claudia PintoMiami Residential Group • Buyer Agency Compensation .

    Instant Comps

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

    Unit #1416 – Asking

    $1,097/ft²

    (-36%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,725/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 35161/0362$1,705Ocean, Bay, City, Water$617,10012/19/2023
    # 39161/0362$1,745Ocean, Bay, City, Water$631,6008/30/2023
    Unit: # 3516
    Bed/Bath: 1/0Size SqFt: 362$/SqFt: $1,705View: Ocean, Bay, City, WaterSold: $617,100Closed Date: 12/19/2023
    Unit: # 3916
    Bed/Bath: 1/0Size SqFt: 362$/SqFt: $1,745View: Ocean, Bay, City, WaterSold: $631,600Closed Date: 8/30/2023
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