Property Details
| Asking Price | $1,700,000 |
|---|---|
| Price per SqFt | $1,729 |
| Maintenance Fee | $1,511 Monthly |
| Property Taxes | $27,838 2025 |
| Interior Space | 983 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2022 |
| MLS # | A12110661 |
Location
From the listing
Unparalleled Luxury & High-Yield Potential at The Elser Hotel & Residences!Experience ultimate elevated living in this pristine 35th-floor corner residence featuring 2 Bedrooms and 2 Full Bathrooms across 983 sq ft of smartly designed space. Built in 2022, this modern turn-key condo delivers breathtaking skyline views, premium finishes, and floor-to-ceiling windows flooded with natural light.Perfectly positioned in the heart of Downtown Miami—just steps from Bayside Marketplace, Kaseya Center, and world-class dining—this unit offers unrestricted short-term rental capabilities (Airbnb/VRBO approved), making it a dream opportunity for both savvy investors looking for maximum ROI and buyers seeking a luxurious urban retreat.Building amenities include a resort-style pool deck with skyline views, 24/7 fitness center, concierge, sky lounge, and full-service hospitality management. Located in Flood Zone X. Don't miss this rare high-floor unit in one of Miami's most coveted destinations—schedule your private tour today!
Listed by EXP Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,511 a month; taxes $27,838 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 3509
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 unit (3509) is asking $1,729/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/27/26 |
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/24/26 |
| 4209 | $1,500,000$1,526/SqFt | 81% | 2/28/25 |
| 3711 | $1,300,000$1,589/SqFt | 96% | 2/19/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 3509, 398 NE 5th Street · MLS A12110661 · $1,700,000
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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 3509 asks $1,729 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.