Property Details
| Sold Price | $450,000 |
|---|---|
| Last Asking Price | $499,000 |
| Price per SqFt | $1,016 |
| Maintenance Fee | $505 Monthly |
| Property Taxes | $11,098 2024 |
| Interior Space | 443 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 1/21/2026 |
| MLS # | A11918517 |
Location
From the listing
STUNNING NEW BUILDING WITH UNOBSTRUCTED DIRECT BAYVIEWS Furnished, 9-ft ceiling with floor-to-ceiling windows, balcony with dazzling views, porcelain tiles, washer/dryer custom Italian kitchen. smart keyless entry, smart thermostat, glass-enclosed showers, matte black kitchen, and fully built-out California-style closets. amenities, including a lobby with cocktail bar and restaurant over 19,000 square foot double-height amenity deck overlooking Downtown Miami and Biscayne Bay, curated art and green walls throughout all common areas, 132-foot resort-style pool with private lounge areas, 16-foot-long poolside screening LED wall, sky entertainment lounge and grilling terrace featuring eight grills, two-level co-working Lab featuring 11 reservable conference rooms, and a coffee lounge
Listed by Sunstone Brokers
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $505 a month; taxes $11,098 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3406
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 |
| 3008 | $450,000$1,047/SqFt | 88% | 4/23/26 |
| 4507 | $520,000$1,176/SqFt | 93% | 4/23/26 |
| 1905 | $420,000$950/SqFt | 93% | 4/20/26 |
| 2503 | $475,000$1,082/SqFt | 96% | 12/15/25 |
| 2506 | $475,000$1,072/SqFt | 97% | 12/12/25 |
| 1803 | $435,000$991/SqFt | 87% | 12/11/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Sunstone Brokers. 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 3406, 398 NE 5th Street · MLS A11918517 · Sold Jan 2026
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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 3406 sold at $1,016 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.