Property Details
| Sold Price | $460,000 |
|---|---|
| Last Asking Price | $499,000 |
| Price per SqFt | $1,041 |
| Maintenance Fee | $458 Monthly |
| Property Taxes | $12,116 2023 |
| Interior Space | 442 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 7/24/2025 |
| MLS # | A11683284 |
Location
From the listing
I DARE YOU TO FIND A BETTER DEAL! LOWEST PRICE! NO ASSESSMENTS! BRAND NEW BUILDING! The Elser Residences is located in the vibrant heart of downtown Miami. With the flexibility for short-term rentals managed on top platforms like Airbnb and VRBO. This stylish retreat boasts a fully-equipped kitchen, chic modern furnishings, and a flat-screen TV, blending style with convenience. Enjoy breathtaking views of Miami's intercoastal bay. Enjoy upscale amenities, including a wrap-around pool, a two-story, state-of-the-art gym, valet parking, and more. Its prime location offers easy access to the Bayside Marketplace, Miami Heat Arena, Art District, Brickell, the Port of Miami, parks, and various transit options.
Listed by Keller Williams Realty Miami Beach
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $458 a month; taxes $12,116 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3707
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 ⇅ |
|---|---|---|---|
| 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 Keller Williams Realty Miami Beach. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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The Elser Hotel & Residences Unit 3707, 398 NE 5th Street · MLS A11683284 · Sold Jul 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 3707 sold at $1,041 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.