The Elser
Condos for Sale in Miami, FL

The Elser market snapshot (as of September 20, 2026): the median sale price is about $450K ($1072 per sq ft over the trailing 12 months of closed sales), and a median 88 days on market for closed sales.

In ZIP 33132 (Miami), 385 homes closed in the last 12 months at a median of $428K ($515/sq ft), down 5.1% year over year, with a median 84 days on market. Right now 444 active and 31 pending listings — a soft market. See the live ZIP 33132 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 9 homes in THE ELSER that have changed hands since 2023, built between 2022 and 2023 (median 2022), with a median living area of about 443 sq ft and a typical 1-bedroom, 1-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

THE ELSER prices on a per-square-foot basis well above typical resale stock, with a median sale of $450,000 and a longer-than-brisk median marketing time of 88 days — a combination that points to a smaller, higher-cost-basis unit type moving through a thin, low-volume resale market.

Five closings is not a market trend, it is a snapshot. Any read of THE ELSER's pricing needs to account for the fact that the median figures here are built on a small number of transactions, which means comparable-unit analysis at the individual-listing level matters more here than in a building with heavier turnover.

The high price-per-square-foot figure, paired with a median sale price in the $450,000 range, is the clearest signal available: this building trades at a premium rate per foot even when the total price sits in a middle range. That combination usually points to compact floor plans or a high land/location cost basis, not to broad square footage. Buyers should verify unit size against list price before assuming what that median price actually buys. The current MLS data does not surface a defined amenity package for the building, so any amenity claims should be confirmed directly with the specific listing or the condo association rather than assumed from market-level data.

With only 5 recent closings feeding the numbers, pricing a unit at THE ELSER correctly takes more than pulling a building-wide median — it means pulling the actual comparable sales, checking unit size against that $1,072 per-square-foot benchmark, and pricing to the specific unit rather than the building average. That is the level of diligence we bring to every listing and every offer here.

Listings in this community report association dues of about $862 per month ($10,344 a year) — the median AssociationFee across 15 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.