54 of 60For Sale at The Elser Hotel & ResidencesBack to list
Unit 2007
1 / 27
The Elser Hotel & Residences Unit 2007 For Sale
$579,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 1 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 2 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 3 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 4 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 5 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 6 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 7 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 8 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 9 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 10 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 11 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 12 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 13 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 14 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 15 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 16 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 17 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 18 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 19 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 20 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 21 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 22 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 23 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 24 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 25 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 26 of 27The Elser Hotel & Residences Unit 2007, 398 NE 5th Street, Miami FL 33132, photo 27 of 27
54 of 60 For Sale at The Elser Hotel & Residences · back to list
$579,000Asking Price
$1,310Per SqFt
0/1Beds/BathsBd/Ba
442SqFt · 41.1 m²
The Elser Hotel & Residences · MLS A12055966 · 59 days on Zilbert · Listed Jul 20, 2026 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Asking Price$579,000
Price per SqFt$1,310
Maintenance fee$600 Monthly
Property Taxes$9,430 2025
Interior Space442 SqFt
Beds/Baths0/1
Year Built2022
MLS #A12055966

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$600maintenance · $600 per month
$786taxes · $9,430/yr ÷ 12
$1,386 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one.Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions.Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access.Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market.Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

Listed by EXP Realty LLC

Sales History for This Unit · The Elser Hotel & Residences Unit 2007

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date

What Other Units Have Been Selling For at The Elser Hotel & Residences

8 other units sold in the last 12 months at an average of $1,146/SqFt · This unit (2007) is asking $1,310/SqFt

Unit Sold Price % of Ask Beds/Baths SqFt $/SqFt Closed Date

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by EXP Realty 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.

Location

Directions

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

646 units · 60 for sale · 23 sold in the last 12 months · building avg $1,088/SqFt sold, against this unit's $1,310 ask