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The Elser Hotel & Residences, 398 NE 5th St #3707
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Closed
1
Beds1
Baths442
SqFtStatus
Sold - Jul 24, 2025
Parking
1
Size
442 SqFt (41 m2)
Price
$1,041/SqFt ($11,202/m2)
Type
Condo
Built
2022
HOA
$458/MO
MLS Number
A11683284
View
Bay, Intercoastal, Ocean
On Site
688 Days
Updated
18 Days ago
Page Views
0
I DARE YOU TO FIND A BETTER DEAL! LOWEST PRICE! NO ASSESSMENTS! BRAND NEW BUILDING! The Elser Residences is located in the vibrant heart of downtown Miami. With the flexibility for short-term rentals managed on top platforms like Airbnb and VRBO. This stylish retreat boasts a fully-equipped kitchen, chic modern furnishings, and a flat-screen TV, blending style with convenience. Enjoy breathtaking views of Miami's intercoastal bay. Enjoy upscale amenities, including a wrap-around pool, a two-story, state-of-the-art gym, valet parking, and more. Its prime location offers easy access to the Bayside Marketplace, Miami Heat Arena, Art District, Brickell, the Port of Miami, parks, and various transit options.
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Balcony
- View: Bay, Intercoastal, Ocean
Interior, Heating and Cooling
- Interior Features: BuiltInFeatures, ClosetCabinetry
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Blinds,ImpactGlass
- Year Built: 2022
- Year Built Description: New Construction
- Style: HighRise
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2024-10-27T16:57:54.000-00:00
- Pets Allowed: Conditional,Yes
Taxes, Fees & More
- Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTv, HotWater, Insurance, MaintenanceGrounds, Parking, Pools, Sewer, Security, Trash, Water
- Taxes: 12116
- Security Information: DoorMan, ElevatorSecured, LobbySecured, SmokeDetectors
- Parking Description: Covered, ElectricVehicleChargingStations, OneSpace
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$460K
High
$620K
Low
$460K
Total Change
-25.8%Date
Event
Price
Change
Price Per
07/24/2025
Sold
$460K
0%$1,041 ft2
$11,202 m2
06/07/2025
Price Reduced
$460K
-7.82%$1,041 ft2
$11,202 m2
06/07/2025
Price Reduced
$499K
-4.95%$1,129 ft2
$12,152 m2
05/27/2025
Price Reduced
$525K
-7.57%$1,188 ft2
$12,785 m2
04/05/2025
Price Reduced
$568K
-1.22%$1,285 ft2
$13,832 m2
01/02/2025
Price Reduced
$575K
-7.26%$1,301 ft2
$14,003 m2
10/27/2024
Listed
$620K
$1,403 ft2
$15,099 m2
07/24/2025
$460K
Event
Sold
Change
0%Price Per
$1,041 ft2
$11,202 m2
06/07/2025
$460K
Event
Price Reduced
Change
-7.82%Price Per
$1,041 ft2
$11,202 m2
06/07/2025
$499K
Event
Price Reduced
Change
-4.95%Price Per
$1,129 ft2
$12,152 m2
05/27/2025
$525K
Event
Price Reduced
Change
-7.57%Price Per
$1,188 ft2
$12,785 m2
04/05/2025
$568K
Event
Price Reduced
Change
-1.22%Price Per
$1,285 ft2
$13,832 m2
01/02/2025
$575K
Event
Price Reduced
Change
-7.26%Price Per
$1,301 ft2
$14,003 m2
10/27/2024
$620K
Event
Listed
Price Per
$1,403 ft2
$15,099 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by David Freed • Keller Williams Realty Miami Beach • Buyer Agency Compensation .
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Scores
96
100
99
100
77
100
65
100
0
100
46
100
2
100
Community Snapshot
Studio – 3 BR
Bedrooms
$449K – $1.7M
Price Tier
341 - 32,286
SqFt Range
2022
Year Build
49
Total Floors
Subdivision Amenities
Barbecue
Cabana
Clubhouse
Elevators
Fitness Center
Hobby Room
Management
Playground
Pool
Sauna
Trash
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