‹›The Elser Hotel & Residences 1504
Unit 1504
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The Elser Hotel & Residences Unit 1504 Sold

$620,000
398 NE 5th Street · Downtown Miami · Miami
$620,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11631157
The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 12 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 13 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 14 of 15The Elser Hotel & Residences Unit 1504, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 15 of 15
$620,000Sold Price
$1,400Per SqFt
1/1Beds/BathsBd/Ba
443SqFt · 41.2 m²
The Elser Hotel & Residences · MLS A11631157 · 833 days on Zilbert · Listed Jul 28, 2024 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Sold Price$620,000
Last Asking Price$638,000
Price per SqFt$1,400
Maintenance Fee$506 Monthly
Property Taxes$11,133 2023
Interior Space443 SqFt
Beds/Baths1/1
Year Built2022
Closed Date11/22/2024
MLS #A11631157

Location

Directions

From the listing

The Elser Hotel & Residences Miami offers a cosmopolitan lifestyle tailored to your every need. Enjoy close proximity to fine dining, art, nightlife, culture, Biscayne Bay, and Miami International Airport. Residents have access to a range of curated amenities designed for recreation, relaxation, and inspiration.This fully furnished studio residence features a 9'2" ceiling height with floor-to-ceiling windows, a smart thermostat, and smart keyless entry. Short-term rentals are allowed with a 1-day minimum, and rental through hotel management is also available. This property is an excellent opportunity for investors.CALL LISTING AGENT!!!

Listed by Golden Keys Inc

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$506
Property taxes$928
Per month$1,434

Maintenance $506 a month; taxes $11,133 for 2023. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 1504

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

Below, the most recent sales most like this unit: units with the same bedroom count.

Unit ⇅Sold Price ⇅% of Ask ⇅Beds/Baths ⇅SqFt ⇅$/SqFt ⇅Closed Date ⇅

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.

Listed by Golden Keys Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

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 1504 sold at $1,400 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.

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