The Elser Hotel & Residences, 398 NE 5th St #1708, Miami, FL 33132

620,000(-3.23% )
$600,000Price
1Beds
1Baths
485SqFt

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Details

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Status:
Active
Parking: 1
Size: 485 SqFt (45 m2)
Price: $1,237/SqFt ($13,316/m2)
Type: Condo
Built: 2022
HOA: $433/MO
MLS Number: A11668916
View: Bay,Intercoastal
On Site: 307 Days
Updated: 55 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
In the heart of downtown miami, the elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it's an opportunity. Allows short term rentals managed across top rental platforms like airbnb, vrbo, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and ev charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from miami's best – whole foods, ftx arena, south beach. The elser is not just a residence; it's the pinnacle of miami living. Whether you're looking for your next home or a smart investment, welcome to your future in miami.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Intercoastal
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, EatInKitchen, Elevator, FirstFloorEntry, LivingDiningRoom, MainLivingAreaEntryLevel, Skylights, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds,Skylights
  • Year Built: 2022
  • Year Built Description: Condo-Hotel
  • Style: HighRise,Other
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-10-01T10:41:23.000-00:00
    • Directions: North
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, CableTv, Internet, MaintenanceStructure, Pools, Trash
    • Taxes: 11616
    • Security Information: DoorMan, ElevatorSecured, LobbySecured
    • Parking Description: OneSpace,Valet
    • Total Floors in Building: 47

    Price History

    06/10/2025

    Date

    Price Reduced

    Event

    $600K

    Price

    -3.23%

    Change Rate

    $1,237 ft2 / $13,316 m2

    Price Per

    04/05/2025

    Date

    Price Reduced

    Event

    $620K

    Price

    -4.62%

    Change Rate

    $1,278 ft2 / $13,760 m2

    Price Per

    01/17/2025

    Date

    Price Increased

    Event

    $650K

    Price

    4%

    Change Rate

    $1,340 ft2 / $14,426 m2

    Price Per

    10/01/2024

    Date

    Listed

    Event

    $625K

    Price

    $1,289 ft2 / $13,871 m2

    Price Per

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

    Listed by Ana RodriguezColdwell Banker Realty • Buyer Agency Compensation .

    Instant Comps

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

    Unit #1708 – Asking

    $1,237/ft²

    (-29%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,736/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 35081/1430$1,628NorthBay$700,0002/19/2024
    # 19081/1430$1,770NorthBay$761,0008/30/2023
    # 38081/1430$1,805NorthBay$776,0008/30/2023
    # 40081/1430$1,740NorthBay$748,4008/30/2023
    Unit: # 3508
    Bed/Bath: 1/1Size SqFt: 430$/SqFt: $1,628Exposure: NorthView: BaySold: $700,000Closed Date: 2/19/2024
    Unit: # 1908
    Bed/Bath: 1/1Size SqFt: 430$/SqFt: $1,770Exposure: NorthView: BaySold: $761,000Closed Date: 8/30/2023
    Unit: # 3808
    Bed/Bath: 1/1Size SqFt: 430$/SqFt: $1,805Exposure: NorthView: BaySold: $776,000Closed Date: 8/30/2023
    Unit: # 4008
    Bed/Bath: 1/1Size SqFt: 430$/SqFt: $1,740Exposure: NorthView: BaySold: $748,400Closed Date: 8/30/2023
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