‹›The Elser Hotel & Residences 4414
Unit 4414
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The Elser Hotel & Residences Unit 4414 Sold

$850,000
398 NE 5th Street · Downtown Miami · Miami
$850,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11732718
The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 12 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 13 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 14 of 15The Elser Hotel & Residences Unit 4414, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 15 of 15
$850,000Sold Price
$1,088Per SqFt
1/2Beds/BathsBd/Ba
781SqFt · 72.6 m²
The Elser Hotel & Residences · MLS A11732718 · 646 days on Zilbert · Listed Jan 31, 2025 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Sold Price$850,000
Last Asking Price$869,000
Price per SqFt$1,088
Maintenance Fee$665 Monthly
Property Taxes$16,000 2024
Interior Space781 SqFt
Beds/Baths1/2
Year Built2022
Closed Date3/13/2025
MLS #A11732718

Location

Directions

From the listing

High up on the 44th floor, surround yourself with breathtaking turquoise water views and the downtown skyline from this 1-bedroom, 2-full bathroom unit at the brand new Elser Hotel & Residences. The ultimate vacation home or investment property as you can place unit in the hotel program for short-term rentals to generate great income. Resale unit delivered fully turnkey & NO Developer fee! The brand new Elser has state-of-the-art amenities and the perfect location in booming downtown Miami - steps to world-class entertainment, museums, dining, shopping, and more. Priced to Sell!!

Listed by Fortune International Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$665
Property taxes$1,333
Per month$1,998

Maintenance $665 a month; taxes $16,000 for 2024. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 4414

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 Fortune International 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.

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 4414 sold at $1,088 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