Property Details
| Sold Price | $405,000 |
|---|---|
| Last Asking Price | $499,000 |
| Price per SqFt | $916 |
| Maintenance Fee | $2,062 Quarterly |
| Property Taxes | $10,780 2025 |
| Interior Space | 442 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2022 |
| Closed Date | 10/22/2026 |
| MLS # | A12091734 |
Location
From the listing
Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-à-terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami’s rapidly evolving urban core.
Listed by London Foster Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,062 a quarter; taxes $10,780 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3805
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 ⇅ |
|---|---|---|---|
| 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 |
| 1803 | $435,000$991/SqFt | 87% | 12/11/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by London Foster 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 3805, 398 NE 5th Street · MLS A12091734 · Sold Oct 2026
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 3805 sold at $916 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.