Property Details
| Sold Price | $620,000 |
|---|---|
| Last Asking Price | $659,000 |
| Price per SqFt | $1,107 |
| Maintenance Fee | $862 Monthly |
| Property Taxes | $13,040 2024 |
| Interior Space | 560 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 11/24/2025 |
| MLS # | A11509267 |
Location
From the listing
Enjoy a modern vacation home for Miami getaways & investment opportunity for condo-hotel/short-term rental income w/all yr.round city visitors!Global connectivity w/ Intl.Miami Airport|Port of Miami|high-speed Train.World class Arts|Fashion|Sports events,many conferences & cruises yr.long!Relax in urban luxury w/ unique features: panoramic Biscayne Bay/Downtown views through floor-to-ceiling windows.Beautiful furnished 1bed unit sleeps 4|full kitchen|porcelain wood floors|smart bldg.technology.Exclusive oversized pool|Jacuzzi|bar|restaurant|gym 2 levels|24/7concierge|SouthBeach private beach club!Central location w/ plenty of dining|shopping|entertainment MiamiWorldCenter|Concert/Basketball/Opera&Ballet arenas|Museums|BaysidePark|Marina|free MetroMover.Right between Brickell & Wynwood >>> short-term daily rentals are avail. only through the Elser hotel program or approved third party short-term rental operators: Your Home Hospitality - www.yourhomehospitality.com | Miami Vacation Rentals - www.miamivacationrentals.com / condo long term rentals are min. 6 months max. 12 months 2x/yr.! >>> maintenance/HOA fee paid quarterly and just got increased to $2,583.60/Q.>>> An FGBC - Florida Green Building Coalition property as per developer! >>> 1x car complementary valet parking for unit owners & long-term tenants only / $50 valet for hotel rental program guests. >>> Virtual tour 360: https://m.vrtourhosts.com/tour/65366?nobrand --------- PROPERTY SHOWING SUGGESTIONS - THE SAFETY AND HEALTH OF YOU, THE PROPERTY OWNER AND RESIDENTS IS OUR PRIORITY! We ask that you consider the following - Do NOT enter if you do not feel well. - Wear a protective face mask. - Sanitize your hands before entering. - Practice social distancing by keeping at least 6 feet between yourself and others. - Do not gather in groups. - Avoid touching surfaces whenever possible. - When the showing is over, please discard any disposable gloves and masks in a trash receptacle. - Follow all directions of the showing agent. THANK YOU!
Listed by Sterling Equity Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $862 a month; taxes $13,040 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 2815
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 ⇅ |
|---|---|---|---|
| 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 Sterling Equity 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.
Ask Mark About This Listing
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The Elser Hotel & Residences Unit 2815, 398 NE 5th Street · MLS A11509267 · 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 2815 sold at $1,107 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.