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Unit 1906
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The Elser Hotel & Residences Unit 1906 Sold

$475,000
398 NE 5th Street · Downtown Miami · Miami
$475,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11892496
The Elser Hotel & Residences Unit 1906, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 1
$475,000Sold Price
$1,072Per SqFt
0/1Beds/BathsBd/Ba
443SqFt · 41.2 m²
The Elser Hotel & Residences · MLS A11892496 · 389 days on Zilbert · Listed Oct 8, 2025 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Sold Price$475,000
Last Asking Price$489,900
Price per SqFt$1,072
Maintenance Fee$2,040 Quarterly
Property Taxes$10,978 2024
Interior Space443 SqFt
Beds/Baths0/1
Year Built2022
Closed Date1/28/2026
MLS #A11892496

Location

Directions

From the listing

Beautiful fully furnished studio at The Elser with stunning Biscayne Bay views! Modern 443 sq. ft. residence featuring open layout, sleek kitchen, washer/dryer, and turnkey furniture package. Prime Downtown Miami location steps from Miami Worldcenter, shops, and dining. Enjoy luxury amenities—bayview pool, gym, coworking spaces, lounge & 24/7 concierge. Short-term rentals allowed. Motivated seller!

Listed by Majestic Properties LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$680
Property taxes$915
Per month$1,595

Maintenance $2,040 a quarter; taxes $10,978 for 2024. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 1906

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 ⇅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 Majestic Properties 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.

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 1906 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.

Ask Mark