The Elser Hotel & Residences, 398 NE 5th St #2805, Miami, FL 33132

625,000(-8.8% )
$570,000Price
StudioBeds
1Baths
442SqFt

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Details

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Status:
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Parking: 1
Size: 442 ft2 / 41 m2
Price: $1,290 ft2 / $13,881 m2
Built: 2022
HOA: $494/MO
MLS Number: A11732214
View: Bay
On Site: 66 Days
Updated: 24 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Discover the epitome of luxury and convenience with this stunning studio unit in the heart of downtown miami. Spanning 496 sqft, this fully furnished studio is designed to impress, featuring a fully-equipped kitchen, a plush king-size bed, a pull-out couch, in-unit washer and dryer, and a large flat-screen tv. Floor-to-ceiling windows showcase breathtaking views of biscayne bay and the vibrant miami skyline. Positioned in a prime location, you'll enjoy seamless access to world-class destinations such as the kaseya center, brickell financial district, and the port of miami. The property offers exceptional amenities, including a resort-style pool, a state-of-the-art two-story fitness center, valet parking, and much more. With high income potential and no rental restrictions.

Features

Bedrooms
Bedrooms: No info
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony
View: Bay

Price History

02/25/2025

Date

Price Reduced

Event

$570K

Price

-8.8%

Change Rate

$1,290 ft2 / $13,881 m2

Price Per

01/26/2025

Date

Listed

Event

$625K

Price

$1,414 ft2 / $15,221 m2

Price Per

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

Listed by Giovanna GuzmanIRG • Buyer Agency Compensation .

Instant Comparative Market Analysis

$1,100/ft²
$1,300/ft²
$1,600/ft²
$1,900/ft²

Unit #2805 – Asking

$1,290/ft²

(-21%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$1,641/ft²
Community $/Price Range (Closed) $1278/ft² – $1788/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 18051/0442$1,403NortheastBay, City, Intercoastal, Ocean, Water$620,0006/7/2024
# 40051/1442$1,389NortheastBay, City$614,0004/17/2024
# 44051/1442$1,749NortheastBay, City$772,9002/29/2024
# 46051/1442$1,741NortheastBay, City$769,60012/19/2023
# 47051/1442$1,763NortheastBay, City$779,30012/19/2023
# 19051/1442$1,613NortheastBay, City$712,9008/30/2023
# 38051/1442$1,719NortheastBay, City$760,0008/30/2023
# 45051/1442$1,754NortheastBay, City$775,1008/30/2023
Unit: # 1805
Bed/Bath: 1/0Size SqFt: 442$/SqFt: $1,403Exposure: NortheastView: Bay, City, Intercoastal, Ocean, WaterSold: $620,000Closed Date: 6/7/2024
Unit: # 4005
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,389Exposure: NortheastView: Bay, CitySold: $614,000Closed Date: 4/17/2024
Unit: # 4405
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,749Exposure: NortheastView: Bay, CitySold: $772,900Closed Date: 2/29/2024
Unit: # 4605
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,741Exposure: NortheastView: Bay, CitySold: $769,600Closed Date: 12/19/2023
Unit: # 4705
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,763Exposure: NortheastView: Bay, CitySold: $779,300Closed Date: 12/19/2023
Unit: # 1905
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,613Exposure: NortheastView: Bay, CitySold: $712,900Closed Date: 8/30/2023
Unit: # 3805
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,719Exposure: NortheastView: Bay, CitySold: $760,000Closed Date: 8/30/2023
Unit: # 4505
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,754Exposure: NortheastView: Bay, CitySold: $775,100Closed Date: 8/30/2023
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