Closed

The Elser Hotel & Residences, 398 NE 5th St. #4414, Miami, FL 33132

869,000(-2.19% )
$850,000
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1Beds
2Baths
665SqFt

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Details

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Status:
Sold - Mar 13, 2025
Parking: 1
Size: 665 SqFt (62 m2)
Price: $1,278/SqFt ($13,758/m2)
Type: Condo
Built: 2022
HOA: $665/MO
MLS Number: A11732718
View: Bay,City,Ocean
On Site: 192 Days
Updated: 150 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
High up on the 44th floor, surround yourself with breathtaking turquoise water views and the downtown skyline from this 1-bedroom, 2-full bathroom unit at the brand new elser hotel & residences. The ultimate vacation home or investment property as you can place unit in the hotel program for short-term rentals to generate great income. Resale unit delivered fully turnkey & no developer fee! The brand new elser has state-of-the-art amenities and the perfect location in booming downtown miami - steps to world-class entertainment, museums, dining, shopping, and more. Priced to sell!!
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,City,Ocean
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, BedroomOnMainLevel, EntranceFoyer, VaultedCeilings
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: 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: 2025-01-31T17:38:39.000-00:00
    • Directions: East
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, MaintenanceStructure, Sewer, Trash, Water
    • Taxes: 16000
    • Security Information: DoorMan, LobbySecured, SecurityGuard
    • Parking Description: Assigned, Attached, Covered, Garage, OneSpace
    • Total Floors in Building: 47

    Price History

    03/13/2025

    Date

    Sold

    Event

    $850K

    Price

    -2.19%

    Change Rate

    $1,278 ft2 / $13,758 m2

    Price Per

    01/27/2025

    Date

    Listed

    Event

    $869K

    Price

    $1,307 ft2 / $14,066 m2

    Price Per

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

    Listed by Jordan Lederman • Fortune International Realty • Buyer Agency Compensation .

    Instant Comps

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

    Unit #4414 – Asking

    $1,278/ft²

    (-13%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,475/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 19142/1665$1,579EastBay$1,050,0008/30/2023
    # 22142/1665$1,432EastBay$952,0008/30/2023
    # 30142/1665$1,414EastBay$940,0008/30/2023
    Unit: # 1914
    Bed/Bath: 2/1Size SqFt: 665$/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
    THINKING OF SELLING IN The Elser Hotel & Residences at Miami?

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