‹›The Elser Hotel & Residences 4516
Unit 4516
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The Elser Hotel & Residences Unit 4516 Sold

$410,000
398 NE 5th Street · Downtown Miami · Miami
$410,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11908924
The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 11The Elser Hotel & Residences Unit 4516, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 11
$410,000Sold Price
$1,133Per SqFt
0/1Beds/BathsBd/Ba
362SqFt · 33.6 m²
The Elser Hotel & Residences · MLS A11908924 · 361 days on Zilbert · Listed Nov 5, 2025 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Sold Price$410,000
Last Asking Price$459,000
Price per SqFt$1,133
Maintenance Fee$1,670 Quarterly
Property Taxes$10,327 2023
Interior Space362 SqFt
Beds/Baths0/1
Year Built2022
Closed Date4/10/2026
MLS #A11908924

Location

Directions

From the listing

Opportunity knocks - come see this beautiful high-floor unit at the brand-new Elser Hotel & Residences. Located in front of Bayside w/sweeping views of Biscayne Bay, Downtown Miami and the City skyline, fully furnished and the spacious layout features a king size bed and pull-out sofa, full kitchen, washer, dryer and flat screen TV. Unit is currently enrolled in the hotel program. This is your chance to use this unit part of the year and earn income when it is rented. The building features resort-style amenities - a roof top pool and bar, extensive gym, jacuzzi, 24-7 concierge, Beach Club access and valet parking. This tremendous location is close to the Kaseya Center, Port of Miami and public transportation. Don't miss your chance to own at Elser! Please see the virtual tour link.

Listed by Florida One Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$557
Property taxes$861
Per month$1,417

Maintenance $1,670 a quarter; taxes $10,327 for 2023. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 4516

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 Florida One 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.

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 4516 sold at $1,133 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.

Ask Mark
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