The Elser Hotel & Residences, 398 NE 5th St #1706, Miami, FL 33132

$579,000Price
1Beds
1Baths
443SqFt

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Details

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Status:
Active
Parking: 1
Size: 443 SqFt (41 m2)
Price: $1,307/SqFt ($14,069/m2)
Type: Condo
Built: 2022
HOA: $494/MO
MLS Number: A11789023
View: Other
On Site: 103 Days
Updated: 101 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Welcome to the elder hotel & residences in downtown miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of biscayne bay and the miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Residents and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on south beach. The elder offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in miami and passive income all in one.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, Elevator
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Year Built: 2022
  • Year Built Description: Effective Year Built
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-04-22T19:17:50.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas
    • Taxes: 10914
    • Security Information: LobbySecured
    • Parking Description: Attached, Covered, Garage, OneSpace, Valet
    • Total Floors in Building: 49

    Price History

    04/22/2025

    Date

    Listed

    Event

    $579K

    Price

    $1,307 ft2 / $14,069 m2

    Price Per

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

    Listed by Minerva ArboleyaRelated ISG Realty, LLC. • Buyer Agency Compensation .

    Instant Comps

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

    Unit #1706 – Asking

    $1,307/ft²

    (-16%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,560/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 27061/1443$1,519Bay$672,80012/19/2023
    # 31061/1443$1,600Bay$709,0008/30/2023
    Unit: # 2706
    Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,519View: BaySold: $672,800Closed Date: 12/19/2023
    Unit: # 3106
    Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,600View: BaySold: $709,000Closed Date: 8/30/2023
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