The Elser Hotel & Residences Unit 4412 Under Contract
Property Details
| Asking Price | $517,000 |
|---|---|
| Price per SqFt | $1,516 |
| Maintenance Fee | $474 Monthly |
| Property Taxes | $10,068 2025 |
| Interior Space | 341 SqFt |
| Beds/Baths | 0/1 |
| Furnished | Yes |
| Year Built | 2022 |
| MLS # | A11995616 |
Location
From the listing
Experience elevated urban living in the heart of Downtown Miami at The Elser Hotel Residences. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Miami skyline from a high-floor vantage point.Designed for both lifestyle and investment, this condo-hotel unit offers a seamless blend of luxury, flexibility, and income potential. Owners benefit from short-term rental permissions, making it an exceptional opportunity for investors seeking strong returns in one of Miami’s most dynamic locations.Residents and guests enjoy resort-style amenities including a heated pool, bar, valet service, and secured lobby, all within walking distance to world-class dining, entertainment, cultural venues, and waterfront attractions.A rare opportunity to own a turnkey property in a prime Downtown Miami location with unmatched rental versatility and lifestyle appeal.
Listed by Miami Masterpiece
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $474 a month; taxes $10,068 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 4412
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 (4412) is asking $1,516/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 4713 | $410,000$1,148/SqFt | 91% | 9/11/26 |
| 4207 | $540,000$1,222/SqFt | 92% | 8/24/26 |
| 2316 | $420,000$1,160/SqFt | 88% | 5/7/26 |
| 4616 | $415,000$1,146/SqFt | 94% | 4/15/26 |
| 4516 | $410,000$1,133/SqFt | 89% | 4/10/26 |
| 1416 | $400,000$879/SqFt | 96% | 3/9/26 |
| 1906 | $475,000$1,072/SqFt | 97% | 1/28/26 |
| 2016 | $365,000$1,008/SqFt | 91% | 1/27/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Miami Masterpiece. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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The Elser Hotel & Residences Unit 4412, 398 NE 5th Street · MLS A11995616 · $517,000
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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, 67 of 646 units are for sale and 23 sold in the last 12 months at an average of $1,080 per SqFt. Unit 4412 asks $1,516 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.