Property Details
| Sold Price | $435,000 |
|---|---|
| Last Asking Price | $500,000 |
| Price per SqFt | $991 |
| Maintenance Fee | $428 Monthly |
| Property Taxes | $10,946 2024 |
| Interior Space | 439 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2022 |
| Closed Date | 12/11/2025 |
| MLS # | A11894838 |
Location
From the listing
Live, Rent, or Both! This versatile condo-hotel residence offers the ultimate flexibility—live full-time, join the hotel rental program, or enjoy both. Located in the heart of Downtown Miami, the unit features modern finishes and spectacular views. Residents enjoy access to a two-story fitness center, a heated bay front pool, and a chic lounge with bar service overlooking Biscayne Bay and Bayside Marketplace. A rare opportunity for lifestyle and investment in one.
Listed by Luxe Living Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $428 a month; taxes $10,946 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 1803
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 |
| 2506 | $475,000$1,072/SqFt | 97% | 12/12/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Luxe Living 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 1803, 398 NE 5th Street · MLS A11894838 · Sold Dec 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 1803 sold at $991 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.