Property Details
| Asking Price | $1,650,000 |
|---|---|
| Price per SqFt | $1,435 |
| Maintenance Fee | $1,300 Quarterly |
| Property Taxes | $26,000 2025 |
| Interior Space | 1,150 SqFt |
| Beds/Baths | 3/3 |
| Furnished | Yes |
| Year Built | 2022 |
| MLS # | A12017319 |
Location
From the listing
Turnkey short-term rental property in the heart of Downtown Miami. Discover this fully furnished 3- bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy. This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment.
Listed by MRI Realty Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,300 a quarter; taxes $26,000 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 4701
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 (4701) is asking $1,435/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 4518 | $1,050,000$925/SqFt | 96% | 8/14/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by MRI Realty Group. 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
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The Elser Hotel & Residences Unit 4701, 398 NE 5th Street · MLS A12017319 · $1,650,000
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 4701 asks $1,435 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.