Property Details
| Sold Price | $420,000 |
|---|---|
| Last Asking Price | $450,000 |
| Price per SqFt | $950 |
| Maintenance Fee | $2,040 Quarterly |
| Property Taxes | $10,609 2025 |
| Interior Space | 442 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 2022 |
| Closed Date | 4/20/2026 |
| MLS # | A11941693 |
Location
From the listing
THE BEST VALUED UNIT AT THE ELSER – PRICED TO SELL IMMEDIATELY! Experience the pinnacle of luxury in Downtown Miami. This is officially the lowest-priced unit in the entire building, offering an unbeatable entry point for investors or primary residents. Fully furnished and turnkey, this residence features breathtaking, unobstructed views of Biscayne Bay and the Miami skyline. The Elser stands alone with its flexible Short-Term Rental (Daily) or annual policy, making this a great opportunit. Interior highlights: Ultra-modern finishes, full kitchen, King bed + sofa sleeper, in-unit W/D, and smart home tech. Steps from the Port of Miami, Kaseya Center (Arena), Miami Worldcenter, and the Brightline. World-class amenities include the iconic rooftop pool deck, 2-story fitness center, and co-working lab. HOA includes Wi-Fi and Cable. Don't overpay—grab the best deal in the building today.
Listed by Coldwell Banker Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,040 a quarter; taxes $10,609 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 1905
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 |
| 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 Coldwell Banker 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.
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The Elser Hotel & Residences Unit 1905, 398 NE 5th Street · MLS A11941693 · 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 1905 sold at $950 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.