Property Details
| Sold Price | $1,150,000 |
|---|---|
| Last Asking Price | $1,200,000 |
| Price per SqFt | $1,170 |
| Maintenance Fee | $1,512 Monthly |
| Property Taxes | $27,999 2025 |
| Interior Space | 983 SqFt |
| Beds/Baths | 2/2 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 4/24/2026 |
| MLS # | R11144068 |
Location
From the listing
Fully furnished, short-term rental friendly luxury condominium located in one of the most desirable lines in the building. This residence offers a spacious wrapped around balcony overlooking Downtown Miami and the waterfront. Enjoy floor-to-ceiling impact glass, and a modern open layout designed for both personal use and income potential. Turnkey interior allows for immediate occupancy or rental. Building amenities include a waterfront pool deck with private cabanas, fitness center with classes, coworking spaces, lounges and cafés, 24/7 valet and concierge, on-site dining and cocktail bar, and direct access to the Biscayne Bay entertainment district. Conveniently located minutes from Bayside Marketplace, Kaseya Center, Brightline Station, PortMiami, and Miami Worldcenter.
Listed by Luxe Properties
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,512 a month; taxes $27,999 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3709
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11921066 | $1,150,000 | 4/27/26 |
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 ⇅ |
|---|---|---|---|
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/27/26 |
| 4209 | $1,500,000$1,526/SqFt | 81% | 2/28/25 |
| 3711 | $1,300,000$1,589/SqFt | 96% | 2/19/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Luxe Properties. 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
The Elser Hotel & Residences Unit 3709, 398 NE 5th Street · MLS R11144068 · Sold Apr 2026
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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, 65 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 3709 sold at $1,170 per SqFt, above 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.