New - 4 days 2 hrs ago

The Elser Hotel & Residences, 398 NE 5th St #3204, Miami, FL, 33132

$740,000Price
StudioBeds
1Baths
443SqFt

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Details

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Status:
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Parking: 1
Size: 443 ft2 / 41 m2
Price: $1,670 ft2 / $17,980 m2
Built: 2022
HOA: $681/MO
MLS Number: A11753429
View: City
On Site: 4 Days
Updated: 3 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Welcome to unit 3204 at the elser miami, an exceptional investment opportunity in the heart of downtown miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-producing property: participate in the elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience. modern design: completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.low monthly costs: 1031 exchange opportunity!
Features
Bedrooms
Bedrooms: No info
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony, SecurityHighImpactDoors
View: City
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Price History
02/27/2025

Date

Listed

Event

$740K

Price

$1,670 ft2 / $17,980 m2

Price Per

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

Listed by Daniel Mordechai • London Foster Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$1,200/ft²
$1,400/ft²
$1,700/ft²
$1,900/ft²

Unit #3204 – Asking

$1,670/ft²

(+4%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$1,605/ft²
Community $/Price Range (Closed) $1389/ft² – $1788/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 15041/1443$1,400NorthCity$620,00011/22/2024
# 33041/1443$1,691NorthCity$749,0002/29/2024
# 30041/1443$1,672NorthCity$740,70012/19/2023
# 42041/1443$1,363NorthCity$604,00012/18/2023
# 39041/1443$1,721NorthCity$762,2009/29/2023
# 14041/1443$1,522NorthCity$674,3008/30/2023
# 17041/1443$1,551NorthCity$687,1008/30/2023
# 38041/1443$1,649NorthCity$730,5008/30/2023
# 43041/1443$1,735NorthCity$768,5008/30/2023
# 44041/1443$1,745NorthCity$772,9008/30/2023
Unit: # 1504
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,400Exposure: NorthView: CitySold: $620,000Closed Date: 11/22/2024
Unit: # 3304
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,691Exposure: NorthView: CitySold: $749,000Closed Date: 2/29/2024
Unit: # 3004
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,672Exposure: NorthView: CitySold: $740,700Closed Date: 12/19/2023
Unit: # 4204
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,363Exposure: NorthView: CitySold: $604,000Closed Date: 12/18/2023
Unit: # 3904
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,721Exposure: NorthView: CitySold: $762,200Closed Date: 9/29/2023
Unit: # 1404
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,522Exposure: NorthView: CitySold: $674,300Closed Date: 8/30/2023
Unit: # 1704
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,551Exposure: NorthView: CitySold: $687,100Closed Date: 8/30/2023
Unit: # 3804
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,649Exposure: NorthView: CitySold: $730,500Closed Date: 8/30/2023
Unit: # 4304
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,735Exposure: NorthView: CitySold: $768,500Closed Date: 8/30/2023
Unit: # 4404
Bed/Bath: 1/1Size SqFt: 443$/SqFt: $1,745Exposure: NorthView: CitySold: $772,900Closed Date: 8/30/2023
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