The Elser Hotel & Residences
398 NE 5th Street, Miami, FL 33132
ALERTS FOR THE ELSER HOTEL & RESIDENCES
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Building Facts
| Developer | Property Markets Group |
|---|---|
| Architect | Sieger Suarez |
| Year Built | 2022 |
| Units | 646 |
| Unit sizes | 341 – 1,150 SqFt |
About Elser Hotel & Residences
The Elser occupies a tower at 398 NE 5th Street where hotel rooms and owned residences share the building. Property Markets Group completed it in 2022 to a Sieger Suarez design, and the county records 646 units.
For Sale
59 units · avg asking $1,427/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 4713Under Contract0 bed · 357 SqFt | $449,000$1,258/SqFt | 8/6/268/6 |
| 19020 bed · 430 SqFt | $489,000$1,137/SqFt · ▼1.2% | 9/9/269/9 |
| 44120 bed · 341 SqFt | $517,000$1,516/SqFt | 4/6/264/6 |
| 47120 bed · 341 SqFt | $521,000$1,528/SqFt | 4/6/264/6 |
| 47160 bed · 362 SqFt | $525,000$1,450/SqFt | 4/6/264/6 |
| 31041 bed · 443 SqFt | $579,000$1,307/SqFt | 8/22/268/22 |
| 20070 bed · 442 SqFt | $579,000$1,310/SqFt · ▼10.9% | 7/20/267/20 |
| 21160 bed · 362 SqFt | $599,000$1,655/SqFt | 2/13/262/13 |
| 33051 bed · 442 SqFt | $599,999$1,357/SqFt | 8/10/268/10 |
| 29041 bed · 443 SqFt | $599,999$1,354/SqFt · ▼11.8% | 6/28/266/28 |
| 30130 bed · 357 SqFt | $600,000$1,681/SqFt · ▼14.3% | 7/23/267/23 |
| 15151 bed · 560 SqFt | $619,900$1,107/SqFt | 8/24/268/24 |
| 43130 bed · 357 SqFt | $625,000$1,751/SqFt | 2/19/262/19 |
| 45120 bed · 341 SqFt | $649,900$1,906/SqFt | 1/6/261/6 |
| 22031 bed · 439 SqFt | $650,000$1,481/SqFt | 8/10/268/10 |
| 19151 bed · 579 SqFt | $660,000$1,140/SqFt | 3/1/263/1 |
| 22151 bed · 560 SqFt | $665,000$1,188/SqFt | 11/26/2511/26/25 |
| 23191 bed · 626 SqFt | $685,000$1,094/SqFt · ▼2.0% | 12/30/2512/30/25 |
| 22051 bed · 442 SqFt | $699,000$1,581/SqFt | 2/10/262/10 |
| 43160 bed · 362 SqFt | $699,900$1,933/SqFt | 6/24/266/24 |
| 17151 bed · 560 SqFt | $699,900$1,250/SqFt · ▼7.8% | 1/5/261/5 |
| 21120 bed · 341 SqFt | $709,000$2,079/SqFt | 6/18/266/18 |
| 32070 bed · 442 SqFt | $720,000$1,629/SqFt | 1/23/261/23 |
| 24071 bed · 442 SqFt | $720,000$1,629/SqFt · ▲21.0% | 12/19/2512/19/25 |
| 40061 bed · 443 SqFt | $729,800$1,647/SqFt | 4/1/244/1/24 |
| 47081 bed · 430 SqFt | $768,000$1,786/SqFt | 4/1/244/1/24 |
| 44151 bed · 560 SqFt | $780,000$1,393/SqFt · ▼10.9% | 8/27/268/27 |
| 16151 bed · 560 SqFt | $790,000$1,411/SqFt | 7/29/267/29 |
| 14071 bed · 442 SqFt | $795,000$1,799/SqFt | 5/12/265/12 |
| 40151 bed · 560 SqFt | $819,000$1,463/SqFt | 4/2/264/2 |
| 39071 bed · 442 SqFt | $850,000$1,923/SqFt | 7/9/267/9 |
| 16191 bed · 626 SqFt | $850,000$1,358/SqFt · ▼2.9% | 4/30/254/30/25 |
| 41151 bed · 560 SqFt | $860,000$1,536/SqFt · ▲10.3% | 2/2/262/2 |
| 35151 bed · 560 SqFt | $870,000$1,554/SqFt · ▼4.4% | 11/14/2511/14/25 |
| 42101 bed · 509 SqFt | $890,000$1,749/SqFt | 7/2/267/2 |
| 23141 bed · 665 SqFt | $895,000$1,346/SqFt · ▼0.5% | 2/1/262/1 |
| 21191 bed · 626 SqFt | $930,000$1,486/SqFt | 4/9/254/9/25 |
| 16141 bed · 665 SqFt | $958,800$1,442/SqFt · ▼4.0% | 9/13/239/13/23 |
| 29101 bed · 509 SqFt | $1,050,000$2,063/SqFt | 5/13/255/13/25 |
| 15101 bed · 509 SqFt | $1,050,000$2,063/SqFt · ▼4.5% | 1/31/251/31/25 |
| 39013 bed · 1,150 SqFt | $1,099,000$956/SqFt · ▼15.5% | 4/25/254/25/25 |
| 47191 bed · 626 SqFt | $1,139,000$1,819/SqFt | 7/8/267/8 |
| 20173 bed · 1,043 SqFt | $1,150,000$1,103/SqFt · ▼4.2% | 2/4/262/4 |
| 44172 bed · 1,043 SqFt | $1,180,000$1,131/SqFt · ▼18.6% | 7/27/257/27/25 |
| 21183 bed · 1,135 SqFt | $1,225,000$1,079/SqFt | 8/14/268/14 |
| 41183 bed · 1,135 SqFt | $1,299,000$1,144/SqFt · ▼7.1% | 8/26/268/26 |
| 30172 bed · 1,043 SqFt | $1,299,000$1,245/SqFt · ▼0.1% | 10/20/2510/20/25 |
| 19112 bed · 810 SqFt | $1,300,000$1,605/SqFt | 8/17/268/17 |
| 14173 bed · 1,040 SqFt | $1,338,000$1,287/SqFt · ▼3.5% | 9/13/239/13/23 |
| 36183 bed · 1,135 SqFt | $1,379,000$1,215/SqFt · ▼4.8% | 11/13/2511/13/25 |
| 37112 bed · 818 SqFt | $1,379,000$1,686/SqFt · ▼9.3% | 7/22/267/22 |
| 38112 bed · 818 SqFt | $1,385,000$1,693/SqFt | 2/21/262/21 |
| 16013 bed · 1,150 SqFt | $1,399,999$1,217/SqFt | 11/6/2511/6/25 |
| 18112 bed · 818 SqFt | $1,449,000$1,771/SqFt · ▲5.1% | 11/13/2511/13/25 |
| 33183 bed · 1,135 SqFt | $1,450,000$1,278/SqFt | 6/13/266/13 |
| 46183 bed · 1,135 SqFt | $1,599,000$1,409/SqFt | 2/25/262/25 |
| 24183 bed · 1,135 SqFt | $1,600,000$1,410/SqFt | 3/6/263/6 |
| 32092 bed · 983 SqFt | $1,629,000$1,657/SqFt · ▼11.9% | 5/10/265/10 |
| 47013 bed · 1,150 SqFt | $1,650,000$1,435/SqFt | 5/12/265/12 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 18093 bed · 976 SqFt | $1,099,000$1,126/SqFt | 5/4/265/4 |
1 residence under contract
Sold · Last 12 Months
23 closed sales · avg $1,088/SqFt · avg 93% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 42070 bed · 442 SqFt | $540,000list $585,000 | 92% | 8/24/268/24 |
| 45183 bed · 1,135 SqFt | $1,050,000list $1,090,000 | 96% | 8/14/268/14 |
| 24031 bed · 490 SqFt | $415,000list $410,000 | 101% | 6/24/266/24 |
| 23160 bed · 362 SqFt | $420,000list $475,000 | 88% | 5/7/265/7 |
| 37092 bed · 983 SqFt | $1,150,000list $1,200,000 | 96% | 4/27/264/27 |
| 37092 bed · 983 SqFt | $1,150,000list $1,200,000 | 96% | 4/24/264/24 |
| 45071 bed · 442 SqFt | $520,000list $560,000 | 93% | 4/23/264/23 |
| 30081 bed · 430 SqFt | $450,000list $509,900 | 88% | 4/23/264/23 |
| 19051 bed · 442 SqFt | $420,000list $450,000 | 93% | 4/20/264/20 |
| 46160 bed · 362 SqFt | $415,000list $439,900 | 94% | 4/15/264/15 |
| 45160 bed · 362 SqFt | $410,000list $459,000 | 89% | 4/10/264/10 |
| 14160 bed · 455 SqFt | $400,000list $418,000 | 96% | 3/9/263/9 |
| 19060 bed · 443 SqFt | $475,000list $489,900 | 97% | 1/28/261/28 |
| 20160 bed · 362 SqFt | $365,000list $399,000 | 91% | 1/27/261/27 |
| 34061 bed · 443 SqFt | $450,000list $499,000 | 90% | 1/21/261/21 |
| 25031 bed · 439 SqFt | $475,000list $495,000 | 96% | 12/15/2512/15/25 |
| 25061 bed · 443 SqFt | $475,000list $489,000 | 97% | 12/12/2512/12/25 |
| 18031 bed · 439 SqFt | $435,000list $500,000 | 87% | 12/11/2512/11/25 |
| 46130 bed · 357 SqFt | $580,000list $650,000 | 89% | 12/5/2512/5/25 |
| 28151 bed · 560 SqFt | $620,000list $659,000 | 94% | 11/24/2511/24/25 |
| 14120 bed · 341 SqFt | $400,000list $429,000 | 93% | 11/10/2511/10/25 |
| 35030 bed · 439 SqFt | $485,000list $550,000 | 88% | 10/24/2510/24/25 |
| 15160 bed · 362 SqFt | $425,000list $429,000 | 99% | 10/22/2510/22/25 |
% of ask compares the closed price to the final list price. The building's full sold history, 36 sales, lives on the archive view.
Lines and Floorplans
A line is a stack of identical residences, the same plan and views, one above another. Each line’s last sale is the cleanest comp a buyer can get.
The floorplans and lines for The Elser Hotel & Residences arrive with the curated build-out: the key plate, every line’s plan, and each line’s last sale.
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