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Unit 3901
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The Elser Hotel & Residences Unit 3901 For Sale

$1,160,000
398 NE 5th Street · Downtown Miami · Miami
The Elser Hotel & Residences Unit 3901 For Sale
$1,160,000
398 NE 5th Street · Downtown Miami · Miami
MLS A11790416
The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 12 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 13 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 14 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 15 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 16 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 17 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 18 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 19 of 20The Elser Hotel & Residences Unit 3901, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 20 of 20
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20 of 67 For Sale at The Elser Hotel & Residences · back to list
$1,160,000Asking Price
$1,009Per SqFt
3/3Beds/BathsBd/Ba
1,150SqFt · 106.8 m²
The Elser Hotel & Residences · MLS A11790416 · 3 days on Zilbert · Listed Nov 5, 2026 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Asking Price$1,160,000
Price per SqFt$1,009
Maintenance Fee$1,769 Monthly
Property Taxes$22,418 2025
Interior Space1,150 SqFt
Beds/Baths3/3
FurnishedYes
Year Built2022
MLS #A11790416

Location

Directions

From the listing

PRE-FORECLOSURE OPPORTUNITY. High-floor, turnkey three-bedroom residence in Downtown Miami. This residence combines a convenient city base with professionally managed rental options.Enjoy convenient access to Brickell, Miami Beach, the Design District, and Miami International Airport. Ideal as a pied-à-terre or personal retreat, the residence offers flexibility for buyers who divide their time between Miami and other destinations.When not in residence, owners may participate in the building’s hotel rental program.Offered AS-IS. Seller seeks a qualified buyer prepared for a prompt closing. Proof of funds or financing preapproval requested before scheduling a private showing.

Listed by RGI Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,769
Property taxes$1,868
Per month$3,637

Maintenance $1,769 a month; taxes $22,418 for 2025. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 3901

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 (3901) is asking $1,009/SqFt

Below, the most recent sales most like this unit: units with the same bedroom count.

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, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.

Listed by RGI 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.

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, 67 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 3901 asks $1,009 per SqFt, below 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.

Mark ZilbertAsk Mark