Property Details
| Sold Price | $400,000 |
|---|---|
| Last Asking Price | $429,000 |
| Price per SqFt | $1,173 |
| Maintenance Fee | $524 Monthly |
| Property Taxes | $9,327 2024 |
| Interior Space | 341 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2022 |
| Closed Date | 11/10/2025 |
| MLS # | A11846720 |
Location
From the listing
Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly
Listed by Mezzini Realty Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $524 a month; taxes $9,327 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 1412
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 sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 4713 | $410,000$1,148/SqFt | 91% | 9/11/26 |
| 4207 | $540,000$1,222/SqFt | 92% | 8/24/26 |
| 2316 | $420,000$1,160/SqFt | 88% | 5/7/26 |
| 4616 | $415,000$1,146/SqFt | 94% | 4/15/26 |
| 4516 | $410,000$1,133/SqFt | 89% | 4/10/26 |
| 1416 | $400,000$879/SqFt | 96% | 3/9/26 |
| 1906 | $475,000$1,072/SqFt | 97% | 1/28/26 |
| 2016 | $365,000$1,008/SqFt | 91% | 1/27/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Mezzini Realty Group. 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 1412, 398 NE 5th Street · MLS A11846720 · Sold Nov 2025
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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 1412 sold at $1,173 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.