The Elser Hotel & Residences 2815
Unit 2815
1 / 1
$620,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 2815, 398 NE 5th Street, Miami FL 33132, photo 1 of 1
$620,000Sold Price
$1,107Per SqFt
1/1Beds/BathsBd/Ba
560SqFt · 52.0 m²
The Elser Hotel & Residences · MLS A11509267 · 986 days on Zilbert · Listed Jan 6, 2024 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

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 Space560 SqFt
Beds/Baths1/1
FurnishedYes
Year Built2022
Closed Date11/24/2025
MLS #A11509267

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$862maintenance · $862 per month
$1,087taxes · $13,040/yr ÷ 12
$1,949 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

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

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

8 other units sold in the last 12 months at an average of $1,020/SqFt

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
Mark Zilbert
Licensed Real Estate Broker · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

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.

Location

Directions

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

646 units · 60 for sale · 24 sold in the last 12 months · building avg $1,089/SqFt sold