The Elser Hotel & Residences, 398 NE 5th St #PH4701, Miami, FL 33132

3Beds
3Baths
1,150SqFt

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Details

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Status:
Active
Parking: 1
Size: 1,150 SqFt (107 m2)
Price: $1,387/SqFt ($14,929/m2)
Type: Condo
Built: 2022
HOA: $1,300/MO
MLS Number: A11756284
View: Bay,City,Water
On Site: 161 Days
Updated: 160 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Short-term rental property in the heart of downtown miami. Daily rentals are allowed, making this a turn-key option for generating rental income in miami’s most sought-after neighborhood. discover this fully furnished 3-bedroom, 3-bathroom penthouse designed for elevated living in the heart of miami. With floor-to-ceiling windows, this residence offers breathtaking views of biscayne bay and downtown miami, creating the perfect blend of sophistication and vibrant city energy. this modern retreat features tall ceilings, smart keyless entry, an ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment. Llc being sold.
Features
Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay,City,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, ClosetCabinetry, LivingDiningRoom, Bar
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, IceMaker, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood,Vinyl,Wood
  • Windows/Treatment: Blinds, ImpactGlass, Sliding
  • Year Built: 2022
  • Year Built Description: Newly Updated/Renovated
  • Style: HighRise,Penthouse
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2025-03-04T13:03:53.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: RecreationFacilities, Sewer, Security, Water
    • Taxes: 25839
    • Security Information: DoorMan, ElevatorSecured, FireAlarm, KeyCardEntry, LobbySecured, SecurityGuard, SmokeDetectors
    • Parking Description: Assigned, Attached, Garage, OneSpace, Valet
    • Total Floors in Building: 47

    Price History

    03/04/2025

    Date

    Listed

    Event

    $1.6M

    Price

    $1,387 ft2 / $14,929 m2

    Price Per

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

    Listed by Marie Ann AltuveMRI Realty Group • Buyer Agency Compensation .

    Instant Comps

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

    Unit #PH4701 – Asking

    $1,387/ft²

    (+17%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,185/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 34013/31,150$1,287NorthwestBay$1,480,0002/29/2024
    # 29013/31,150$1,217NorthwestBay$1,400,00012/19/2023
    # 18013/31,150$1,003NorthwestBay$1,153,00012/18/2023
    # 19013/31,150$1,004NorthwestBay$1,155,00012/18/2023
    # 24013/31,150$1,013NorthwestBay$1,165,00012/18/2023
    # 41013/31,150$1,043NorthwestBay$1,199,00012/18/2023
    # 20013/31,150$1,264NorthwestBay$1,453,8008/30/2023
    # 22013/31,150$1,267NorthwestBay$1,457,0008/30/2023
    # 26013/31,150$1,274NorthwestBay$1,465,0008/30/2023
    # 30013/31,150$1,281NorthwestBay$1,473,0008/30/2023
    # 31013/31,150$1,269NorthwestBay$1,459,8008/30/2023
    # 47013/31,150$1,296NorthwestBay$1,489,9008/30/2023
    Unit: # 3401
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,287Exposure: NorthwestView: BaySold: $1,480,000Closed Date: 2/29/2024
    Unit: # 2901
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,217Exposure: NorthwestView: BaySold: $1,400,000Closed Date: 12/19/2023
    Unit: # 1801
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,003Exposure: NorthwestView: BaySold: $1,153,000Closed Date: 12/18/2023
    Unit: # 1901
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,004Exposure: NorthwestView: BaySold: $1,155,000Closed Date: 12/18/2023
    Unit: # 2401
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,013Exposure: NorthwestView: BaySold: $1,165,000Closed Date: 12/18/2023
    Unit: # 4101
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,043Exposure: NorthwestView: BaySold: $1,199,000Closed Date: 12/18/2023
    Unit: # 2001
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,264Exposure: NorthwestView: BaySold: $1,453,800Closed Date: 8/30/2023
    Unit: # 2201
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,267Exposure: NorthwestView: BaySold: $1,457,000Closed Date: 8/30/2023
    Unit: # 2601
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,274Exposure: NorthwestView: BaySold: $1,465,000Closed Date: 8/30/2023
    Unit: # 3001
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,281Exposure: NorthwestView: BaySold: $1,473,000Closed Date: 8/30/2023
    Unit: # 3101
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,269Exposure: NorthwestView: BaySold: $1,459,800Closed Date: 8/30/2023
    Unit: # 4701
    Bed/Bath: 3/3Size SqFt: 1,150$/SqFt: $1,296Exposure: NorthwestView: BaySold: $1,489,900Closed Date: 8/30/2023
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