‹›The Elser Hotel & Residences 1805
Unit 1805
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The Elser Hotel & Residences Unit 1805 Sold

$620,000
398 NE 5th Street · Downtown Miami · Miami
$620,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11539638
The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 12 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 13 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 14 of 15The Elser Hotel & Residences Unit 1805, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 15 of 15
$620,000Sold Price
$1,403Per SqFt
0/1Beds/BathsBd/Ba
442SqFt · 41.1 m²
The Elser Hotel & Residences · MLS A11539638 · 985 days on Zilbert · Listed Feb 27, 2024 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Sold Price$620,000
Last Asking Price$699,900
Price per SqFt$1,403
Maintenance Fee$500 Monthly
Property Taxes$11,232 2023
Interior Space442 SqFt
Beds/Baths0/1
Year Built2022
Closed Date6/7/2024
MLS #A11539638

Location

Directions

From the listing

Step into luxury with this exquisite studio hotel/condo unit nestled in the bustling heart of downtown Miami. Featuring a fully-equipped kitchen and chic modern furnishings, including a flat-screen TV, this unit offers both style and convenience. Rest easy on the plush king-size bed or utilize the pull-out couch for additional guests. Wake up to stunning views of Miami Beacthrough the expansive east-facing windows.Indulge in the lavish amenities of this condominium, including a wrap-around pool, a state-of-the-art gym spanning two stories, valet parking, and more. Its unbeatable location provides easy access to the Kaseya Center, Bayside Marketplace, major roadways, the Port of Miami, public parks, and transportation options.Don't miss out on this exceptional opportunity

Listed by EXP Realty, LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$500
Property taxes$936
Per month$1,436

Maintenance $500 a month; taxes $11,232 for 2023. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 1805

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 EXP Realty, LLC. 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 1805 sold at $1,403 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.

Mark ZilbertAsk Mark