The Elser Hotel & Residences 2506
Unit 2506
1 / 15
$475,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 1 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 2 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 3 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 4 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 5 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 6 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 7 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 8 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 9 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 10 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 11 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 12 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 13 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 14 of 15The Elser Hotel & Residences Unit 2506, 398 NE 5th Street, Miami FL 33132, photo 15 of 15
$475,000Sold Price
$1,072Per SqFt
1/1Beds/BathsBd/Ba
443SqFt · 41.2 m²
The Elser Hotel & Residences · MLS A11869565 · 379 days on Zilbert · Listed Sep 4, 2025 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Sold Price$475,000
Last Asking Price$489,000
Price per SqFt$1,072
Maintenance fee$2,044 Quarterly
Property Taxes$10,731 2024
Interior Space443 SqFt
Beds/Baths1/1
FurnishedYes
Year Built2022
Closed Date12/12/2025
MLS #A11869565

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$681maintenance · $2,044 per quarter
$894taxes · $10,731/yr ÷ 12
$1,576 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Luxury 1BD/1BA at The Elser Hotel & Residences in Downtown Miami. Turnkey unit with modern finishes, floor-to-ceiling windows, balcony, fully equipped kitchen, and in-unit washer/dryer. Resort-style amenities include 132-ft rooftop pool, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, and lobby bar. No rental restriction; ideal as a full-time residence, pied-à-terre, or income property. Prime location near Biscayne Bay, Bayside, Miami Beach, Wynwood, Arts District, museums, and parks.

Listed by Fortune Christie's Intl R.E.

Sales History for This Unit · The Elser Hotel & Residences Unit 2506

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 $1,027/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 · ONE Sotheby's International Realty · 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 Fortune Christie's Intl R.E.. 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

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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

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