The Elser Hotel & Residences, 398 NE 5th St #2414, Miami, FL 33132

880,000(-3.98% )

$845,000Price

1Beds

2Baths

665SqFt

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Details

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Status:

Parking: 1

Size: 665 ft² / 62 m²

Price: $1,271 ft² / $13,678 m²

Built: 2022

HOA: $708/MO

MLS Number: A11776059

View: Ocean,Water

On Site: 8 Days

Updated: 0 Days ago

Page Views: 0

NEW CONSTRUCTION ~Blt. 2022

Price reduction!,this unit is now one of the top investment opportunities on the market. It offers a combination of features and location that make it stand out among other short-term rental properties in miami. The building has three lines of 1-bedroom units: line 10 offers direct water views but only has one bathroom. Line 19 faces west, offering less desirable views. Line 14, where this unit is located, provides a privileged view, more square footage, and the advantage of 2 full bathrooms a rare feature in this building. For investors looking for a property with high potential and added value, this unit is the perfect choice. Don’t miss out on this incredible opportunity!

Features

Bedrooms

Bedrooms: 1

Bathrooms

Bathrooms: 2

Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony, SecurityHighImpactDoors

View: Ocean,Water

Price History

04/10/2025

Date

Price Reduced

Event

$845K

Price

-3.98%

Change Rate

$1,271 ft² / $13,678 m²

Price Per

04/02/2025

Date

Listed

Event

$880K

Price

$1,323 ft² / $14,244 m²

Price Per

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

Listed by Julio Ospina • Related ISG Realty, LLC. • Buyer Agency Compensation .

Instant Comparative Market Analysis

Closed

Active

$1,100/ft²

$1,300/ft²

$1,600/ft²

$1,900/ft²

Unit #2414 – Asking

$1,271/ft²

(-11%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$1,426/ft²

Community $/Price Range (Closed) $1278/ft² – $1788/ft²

Unit	Bed/Bath	Size SqFt	$/SqFt	Exposure	View	Sold	Closed Date
# 4414	2/1	665	$1,278	East	Bay, City, Ocean	$850,000	3/13/2025
# 1914	2/1	665	$1,579	East	Bay	$1,050,000	8/30/2023
# 2214	2/1	665	$1,432	East	Bay	$952,000	8/30/2023
# 3014	2/1	665	$1,414	East	Bay	$940,000	8/30/2023

Unit: # 4414

Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,278Exposure: EastView: Bay, City, OceanSold: $850,000Closed Date: 3/13/2025

Unit: # 1914

Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,579Exposure: EastView: BaySold: $1,050,000Closed Date: 8/30/2023

Unit: # 2214

Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,432Exposure: EastView: BaySold: $952,000Closed Date: 8/30/2023

Unit: # 3014

Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,414Exposure: EastView: BaySold: $940,000Closed Date: 8/30/2023

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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