The Elser Hotel & Residences, 398 NE 5th St #3814, Miami, FL 33132

965,000(-10.98% )
$859,000Price
1Beds
2Baths
665SqFt

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Details

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Status:
Active
Parking: No info
Size: 665 SqFt (62 m2)
Price: $1,292/SqFt ($13,904/m2)
Type: Condo
Built: 2022
HOA: $665/MO
MLS Number: A11676565
View: Bay
On Site: 293 Days
Updated: 38 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Investors! Step into the epitome of contemporary luxury living in miami! Presenting a pristine 1-bedroom / 2 full bathroom residence in the elser hotel and residences. World class amenities include rooftop pool with panoramic city views, cutting edge 2 floor fitness center and 24/7 concierge. Short term rental friendly! Unit is currently operated as short term rental 365 days a year.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 2022
  • Year Built Description: Condo-Hotel
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-10-15T17:57:02.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, HotWater, Internet, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
    • Taxes: 16784
    • Security Information: DoorMan, LobbySecured, SecurityGuard
    • Parking Description: OneSpace,Valet
    • Total Floors in Building: 49

    Price History

    03/06/2025

    Date

    Price Reduced

    Event

    $859K

    Price

    -10.98%

    Change Rate

    $1,292 ft2 / $13,904 m2

    Price Per

    10/15/2024

    Date

    Listed

    Event

    $965K

    Price

    $1,451 ft2 / $15,620 m2

    Price Per

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

    Listed by Marcelo BlanqueEXP Realty LLC • Buyer Agency Compensation .

    Instant Comps

    $900/ft²
    $1,100/ft²
    $1,400/ft²
    $1,700/ft²

    Unit #3814 – Asking

    $1,292/ft²

    (-9%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,426/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 44142/1665$1,278EastBay, City, Ocean$850,0003/13/2025
    # 19142/1665$1,579EastBay$1,050,0008/30/2023
    # 22142/1665$1,432EastBay$952,0008/30/2023
    # 30142/1665$1,414EastBay$940,0008/30/2023
    Unit: # 4414
    Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,278Exposure: EastView: Bay, City, OceanSold: $850,000Closed Date: 3/13/2025
    Unit: # 1914
    Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,579Exposure: EastView: BaySold: $1,050,000Closed Date: 8/30/2023
    Unit: # 2214
    Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,432Exposure: EastView: BaySold: $952,000Closed Date: 8/30/2023
    Unit: # 3014
    Bed/Bath: 2/1Size SqFt: 665$/SqFt: $1,414Exposure: EastView: BaySold: $940,000Closed Date: 8/30/2023
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