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 Space | 443 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 12/12/2025 |
| MLS # | A11869565 |
Location
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.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,044 a quarter; taxes $10,731 for 2024. MLS figures, which may not be accurate.
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
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 ⇅ |
|---|---|---|---|
| 3805 | $405,000$916/SqFt | 81% | 10/22/26 |
| 2403 | $415,000$847/SqFt | 101% | 6/24/26 |
| 4507 | $520,000$1,176/SqFt | 93% | 4/23/26 |
| 3008 | $450,000$1,047/SqFt | 88% | 4/23/26 |
| 1905 | $420,000$950/SqFt | 93% | 4/20/26 |
| 3406 | $450,000$1,016/SqFt | 90% | 1/21/26 |
| 2503 | $475,000$1,082/SqFt | 96% | 12/15/25 |
| 1803 | $435,000$991/SqFt | 87% | 12/11/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 2506, 398 NE 5th Street · MLS A11869565 · Sold Dec 2025
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 2506 sold at $1,072 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.