The Elser Hotel & Residences, 398 NE 5th St #3707, Miami, FL 33132

575,000(-1.22% )
$568,000Price
1Beds
1Baths
442SqFt

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Details

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Status:
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Parking: 1
Size: 442 ft2 / 41 m2
Price: $1,285 ft2 / $13,832 m2
Built: 2022
HOA: $458/MO
MLS Number: A11683284
View: Bay, Intercoastal, Ocean
On Site: 160 Days
Updated: 0 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Incredible investment opportunity in this stunning condo located in the vibrant heart of downtown miami. The elser redefines luxury living & smart investment. This exceptional studio isn’t just a residence; it’s a lucrative opportunity. 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

Price History

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 FreedKeller Williams Realty Miami Beach • Buyer Agency Compensation .

Instant Comparative Market Analysis

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

Unit #3707 – Asking

$1,285/ft²

(-15%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$1,519/ft²
Community $/Price Range (Closed) $1278/ft² – $1788/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 20071/0442$1,301NortheastCity, Water$575,0003/12/2025
# 38071/1442$1,357NortheastCity$600,00012/18/2023
# 46071/1442$1,380NortheastCity$610,00012/18/2023
# 16071/1442$1,535NortheastCity$678,3008/30/2023
# 22071/1442$1,642NortheastCity$725,7008/30/2023
# 29071/1442$1,611NortheastCity$711,9008/30/2023
# 30071/1442$1,681NortheastCity$742,9008/30/2023
# 40071/1442$1,645NortheastCity$727,3008/30/2023
Unit: # 2007
Bed/Bath: 1/0Size SqFt: 442$/SqFt: $1,301Exposure: NortheastView: City, WaterSold: $575,000Closed Date: 3/12/2025
Unit: # 3807
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,357Exposure: NortheastView: CitySold: $600,000Closed Date: 12/18/2023
Unit: # 4607
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,380Exposure: NortheastView: CitySold: $610,000Closed Date: 12/18/2023
Unit: # 1607
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,535Exposure: NortheastView: CitySold: $678,300Closed Date: 8/30/2023
Unit: # 2207
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,642Exposure: NortheastView: CitySold: $725,700Closed Date: 8/30/2023
Unit: # 2907
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,611Exposure: NortheastView: CitySold: $711,900Closed Date: 8/30/2023
Unit: # 3007
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,681Exposure: NortheastView: CitySold: $742,900Closed Date: 8/30/2023
Unit: # 4007
Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,645Exposure: NortheastView: CitySold: $727,300Closed Date: 8/30/2023
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