

Property Details
| Sold Price | $1,500,000 |
|---|---|
| Last Asking Price | $1,857,000 |
| Price per SqFt | $1,526 |
| Maintenance Fee | $1,202 Monthly |
| Property Taxes | $30,181 2023 |
| Interior Space | 983 SqFt |
| Beds/Baths | 2/2 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 2/28/2025 |
| MLS # | A11712356 |
Location
From the listing
The Elser Hotel & Residences is positioned in Miami's most magnetic locale, downtown Miami. The brand-new, move-in-ready condo building offers a lively dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining. The Elser Hotel & Residences comes equipped with the latest in smart home technology and amenities including a double-height pool deck with a 132 ft resort-style pool, a two-level modern gym and fitness studio, an outdoor yoga deck, and a lawn with unobstructed stunning Biscayne Bay and downtown city views.
Listed by London Foster Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,202 a month; taxes $30,181 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 4209
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 ⇅ |
|---|---|---|---|
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/27/26 |
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/24/26 |
| 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 London Foster 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
The Elser Hotel & Residences Unit 4209, 398 NE 5th Street · MLS A11712356 · Sold Feb 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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, 65 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 4209 sold at $1,526 per SqFt, in line with 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.

