Closed

The Elser Hotel & Residences, 398 NE 5th St #4209, Miami, FL 33132

1,857,000(-19.22% )
2Beds
2Baths
983SqFt

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Details

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Status:
Sold - Feb 28, 2025
Parking: No info
Size: 983 SqFt (91 m2)
Price: $1,526/SqFt ($16,425/m2)
Type: Condo
Built: 2022
HOA: $1,202/MO
MLS Number: A11712356
View: Bay
On Site: 236 Days
Updated: 160 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
The elser hotel & residences is positioned in miami's most magnetic locale, downtown miami. The brand-new, move-in-ready condo building offers a lively dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining. The elser hotel & residences comes equipped with the latest in smart home technology and amenities including a double-height pool deck with a 132 ft resort-style pool, a two-level modern gym and fitness studio, an outdoor yoga deck, and a lawn with unobstructed stunning biscayne bay and downtown city views.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Barbecue, Deck, SecurityHighImpactDoors
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: ClosetCabinetry, EntranceFoyer, KitchenDiningCombo, LivingDiningRoom, Other, Skylights, WalkInClosets, Elevator, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, TrashCompactor, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds, ImpactGlass, Skylights
  • 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: 2024-12-19T15:30:21.000-00:00
    • Directions: East
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, CableTv, Hvac, Internet, MaintenanceGrounds, Other, Parking, Pools, RecreationFacilities, Sewer, Water
    • Taxes: 30181
    • Security Information: ElevatorSecured, FireAlarm, SecuredGarageParking, KeyCardEntry, SecurityGuard, SmokeDetectors
    • Parking Description: Attached, Garage, OnStreet, Valet
    • Total Floors in Building: 49

    Price History

    02/28/2025

    Date

    Sold

    Event

    $1.5M

    Price

    -19.22%

    Change Rate

    $1,526 ft2 / $16,425 m2

    Price Per

    12/19/2024

    Date

    Listed

    Event

    $1.9M

    Price

    $1,889 ft2 / $20,334 m2

    Price Per

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

    Listed by Elica BetancourtLondon Foster Realty • Buyer Agency Compensation .

    Instant Comps

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

    Unit #4209 – Asking

    $1,526/ft²

    (-17%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,835/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 41092/2983$1,709EastBay$1,680,0005/7/2024
    # 29092/2983$1,805EastBay$1,774,0002/29/2024
    # 45092/2983$1,911EastBay$1,878,20012/19/2023
    # 32092/2983$1,867EastBay$1,835,5008/30/2023
    # 39092/2983$1,883EastBay$1,850,9008/30/2023
    Unit: # 4109
    Bed/Bath: 2/2Size SqFt: 983$/SqFt: $1,709Exposure: EastView: BaySold: $1,680,000Closed Date: 5/7/2024
    Unit: # 2909
    Bed/Bath: 2/2Size SqFt: 983$/SqFt: $1,805Exposure: EastView: BaySold: $1,774,000Closed Date: 2/29/2024
    Unit: # 4509
    Bed/Bath: 2/2Size SqFt: 983$/SqFt: $1,911Exposure: EastView: BaySold: $1,878,200Closed Date: 12/19/2023
    Unit: # 3209
    Bed/Bath: 2/2Size SqFt: 983$/SqFt: $1,867Exposure: EastView: BaySold: $1,835,500Closed Date: 8/30/2023
    Unit: # 3909
    Bed/Bath: 2/2Size SqFt: 983$/SqFt: $1,883Exposure: EastView: BaySold: $1,850,900Closed Date: 8/30/2023
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