Property Details
| Asking Price | $745,000 |
|---|---|
| Price per SqFt | $1,686 |
| Maintenance Fee | $494 Monthly |
| Property Taxes | $10,820 2025 |
| Interior Space | 442 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2022 |
| MLS # | A12018690 |
Location
From the listing
Luxury Living in the Heart of Downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio located at The Elser Hotel & Residences. Boasting breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey residence offers a seamless blend of comfort and style. Enjoy world-class, resort-style amenities, including a massive sun deck with a shimmering pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. Perfectly positioned across from Bayfront Park and steps away from the Kaseya center, luxury dining, and vibrant nightlife. Move-in ready or perfect as a high-end short-term rental investment.
Listed by Coldwell Banker Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $494 a month; taxes $10,820 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 1407
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Elser Hotel & Residences
23 units sold at The Elser Hotel & Residences in the last 12 months at an average of $1,080/SqFt · This unit (1407) is asking $1,686/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 3805 | $405,000$916/SqFt | 81% | 10/22/26 |
| 2403 | $415,000$847/SqFt | 101% | 6/24/26 |
| 4507 | $520,000$1,176/SqFt | 93% | 4/23/26 |
| 3008 | $450,000$1,047/SqFt | 88% | 4/23/26 |
| 1905 | $420,000$950/SqFt | 93% | 4/20/26 |
| 3406 | $450,000$1,016/SqFt | 90% | 1/21/26 |
| 2503 | $475,000$1,082/SqFt | 96% | 12/15/25 |
| 2506 | $475,000$1,072/SqFt | 97% | 12/12/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Coldwell Banker Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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The Elser Hotel & Residences Unit 1407, 398 NE 5th Street · MLS A12018690 · $745,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Elser Hotel & Residences
At The Elser Hotel & Residences, 67 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 1407 asks $1,686 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.