Property Details
| Sold Price | $400,000 |
|---|---|
| Last Asking Price | $418,000 |
| Price per SqFt | $879 |
| Maintenance Fee | $550 Monthly |
| Property Taxes | $7,600 2024 |
| Interior Space | 455 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2023 |
| Closed Date | 3/9/2026 |
| MLS # | A11765024 |
Location
From the listing
Location! Beautiful and modern 2022 building approved for vacation rental! totally furnished included in the price, Lavis suites, stunning ocean view, amazing amenities, design for enjoyment, elegant lobby, security 24/7, valet parking, incredible rooftop pools, cocktail bar, luxury hotel-condo, multi-level fitness complex with panoramic views, in the heart of Brickell downtown, dinning and nightlife walking distance, waterfront views, art, entertainment, ready to live, to enjoy, and/or to rent... it is a gem with so much potential....
Listed by Miami Residential Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $550 a month; taxes $7,600 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 1416
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 |
| 1906 | $475,000$1,072/SqFt | 97% | 1/28/26 |
| 2016 | $365,000$1,008/SqFt | 91% | 1/27/26 |
| 4613 | $580,000$1,625/SqFt | 89% | 12/5/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Miami Residential 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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 1416, 398 NE 5th Street · MLS A11765024 · Sold Mar 2026
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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, 65 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 1416 sold at $879 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.