Market Intelligence Report
The Elser Hotel & Residences
Downtown Miami, Miami · 398 NE 5 St
The Elser Hotel & Residences in Downtown Miami, Miami has 584 recorded condominium sales dating back to 2023, with a median sale price of $757K. Explore the building's full sales history, price trends, and resale performance on CURVE Reports.
Executive summary
Total units552
Total sales584
Total resales117
First close1/3/2023
Most recent close5/22/2026
Total sales volume$543.1M
Avg sale price$930K
Avg hold time1.7 yrs
Avg appreciation-10.9%
Sales by price point
393Under $1M
191$1M–$3M
10 most recent sales
| Unit | Date | Beds | Type | Price | $/SF | Change |
|---|---|---|---|---|---|---|
| 4507 | 5/22/2026 | — | Resale 1 | $520K | — | — |
| 3008 | 5/22/2026 | — | Resale 1 | $460K | — | -40% |
| 1905 | 5/19/2026 | — | Resale 1 | $420K | — | -41% |
| 3709 | 4/30/2026 | — | Resale 1 | $1.1M | — | -37% |
| 4616 | 4/27/2026 | — | Resale 1 | $415K | — | -35% |
| 1416 | 3/25/2026 | — | Resale 1 | $400K | — | — |
| 1906 | 2/10/2026 | — | Resale 1 | $475K | — | -29% |
| 2016 | 2/3/2026 | — | Resale 1 | $365K | — | -37% |
| 3406 | 1/29/2026 | — | Resale 1 | $450K | — | -36% |
| 1803 | 1/7/2026 | — | Resale 1 | $435K | — | -36% |
See the full report for The Elser Hotel & Residences
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