South Florida
Closed
The Elser Hotel & Residences, 398 NE 5th St #3707, Miami, FL 33132
Details
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Status:
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: 289 Days
Updated: 19 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
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
Price History
07/24/2025
Date
Sold
Event
$460K
Price
0%
Change Rate
$1,041 ft2 / $11,202 m2
Price Per
06/07/2025
Date
Price Reduced
Event
$460K
Price
-7.82%
Change Rate
$1,041 ft2 / $11,202 m2
Price Per
06/07/2025
Date
Price Reduced
Event
$499K
Price
-4.95%
Change Rate
$1,129 ft2 / $12,152 m2
Price Per
05/27/2025
Date
Price Reduced
Event
$525K
Price
-7.57%
Change Rate
$1,188 ft2 / $12,785 m2
Price Per
04/05/2025
Date
Price Reduced
Event
$568K
Price
-1.22%
Change Rate
$1,285 ft2 / $13,832 m2
Price Per
01/02/2025
Date
Price Reduced
Event
$575K
Price
-7.26%
Change Rate
$1,301 ft2 / $14,003 m2
Price Per
10/27/2024
Date
Listed
Event
$620K
Price
$1,403 ft2 / $15,099 m2
Price Per
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 .
Instant Comps
$900/ft²
$1,100/ft²
$1,400/ft²
$1,700/ft²
Unit #3707 – Asking
$1,041/ft²
(-31%) from Closed Avg. $/ft²
Closed Avg. $/ft²
$1,519/ft²
Community $/Price Range (Closed) $1041/ft² – $1589/ft²
| Unit | Bed/Bath | Size SqFt | $/SqFt | Exposure | View | Sold | Closed Date |
|---|---|---|---|---|---|---|---|
| # 2007 | 1/0 | 442 | $1,301 | Northeast | City, Water | $575,000 | 3/12/2025 |
| # 3807 | 1/1 | 442 | $1,357 | Northeast | City | $600,000 | 12/18/2023 |
| # 4607 | 1/1 | 442 | $1,380 | Northeast | City | $610,000 | 12/18/2023 |
| # 1607 | 1/1 | 442 | $1,535 | Northeast | City | $678,300 | 8/30/2023 |
| # 2207 | 1/1 | 442 | $1,642 | Northeast | City | $725,700 | 8/30/2023 |
| # 2907 | 1/1 | 442 | $1,611 | Northeast | City | $711,900 | 8/30/2023 |
| # 3007 | 1/1 | 442 | $1,681 | Northeast | City | $742,900 | 8/30/2023 |
| # 4007 | 1/1 | 442 | $1,645 | Northeast | City | $727,300 | 8/30/2023 |
Unit: # 2007
Bed/Bath: 1/0Size SqFt: 442$/SqFt: $1,301Exposure: NortheastView: City, WaterSold: $575,000Closed Date: 3/12/2025Unit: # 3807
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,357Exposure: NortheastView: CitySold: $600,000Closed Date: 12/18/2023Unit: # 4607
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,380Exposure: NortheastView: CitySold: $610,000Closed Date: 12/18/2023Unit: # 1607
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,535Exposure: NortheastView: CitySold: $678,300Closed Date: 8/30/2023Unit: # 2207
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,642Exposure: NortheastView: CitySold: $725,700Closed Date: 8/30/2023Unit: # 2907
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,611Exposure: NortheastView: CitySold: $711,900Closed Date: 8/30/2023Unit: # 3007
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,681Exposure: NortheastView: CitySold: $742,900Closed Date: 8/30/2023Unit: # 4007
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,645Exposure: NortheastView: CitySold: $727,300Closed Date: 8/30/2023THINKING OF SELLING IN The Elser Hotel & Residences at Miami?
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