Property Details
| Sold Price | $485,000 |
|---|---|
| Last Asking Price | $550,000 |
| Price per SqFt | $1,105 |
| Maintenance Fee | $2,039 Quarterly |
| Property Taxes | $11,519 2024 |
| Interior Space | 439 SqFt |
| Beds/Baths | 0/1 |
| Year Built | 2022 |
| Closed Date | 10/24/2025 |
| MLS # | A11809863 |
Location
From the listing
Fully furnished studio in the iconic Elser building! Enjoy breathtaking views of the bay and city skyline from this beautifully appointed unit. Live in the heart of vibrant Downtown Miami, surrounded by top dining, entertainment, and cultural hotspots. The Elser offers unmatched flexibility — perfect for short-term rentals, long-term stays, or as your personal residence. Enjoy the top of the line amenities the building offers.
Listed by Coldwell Banker Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,039 a quarter; taxes $11,519 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3503
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 ⇅ | 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 Coldwell Banker Realty. 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 3503, 398 NE 5th Street · MLS A11809863 · Sold Oct 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 3503 sold at $1,105 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.