Property Details
| Sold Price | $520,000 |
|---|---|
| Last Asking Price | $560,000 |
| Price per SqFt | $1,176 |
| Maintenance Fee | $2,039 Quarterly |
| Property Taxes | $11,478 2024 |
| Interior Space | 442 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2022 |
| Closed Date | 4/23/2026 |
| MLS # | A11931901 |
Location
From the listing
Stunning furnished studio with city and water views in a prime downtown location! Walkable to restaurants, beaches, museums, and the Kaseya Center. Perfect for city living or as a smart investment, with access to the hotel program for hands-free management and consistent returns. A great addition to any real estate portfolio—whether living or investing. The Elser offers luxury, convenience, and exceptional ROI. Contact me to schedule a private showing!
Listed by The MVMNT Group LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,039 a quarter; taxes $11,478 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 4507
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 |
| 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 |
| 1803 | $435,000$991/SqFt | 87% | 12/11/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by The MVMNT Group 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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 4507, 398 NE 5th Street · MLS A11931901 · Sold Apr 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 4507 sold at $1,176 per SqFt, above 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.