The Elser Hotel & Residences Unit 4712 Under Contract
Property Details
| Asking Price | $521,000 |
|---|---|
| Price per SqFt | $1,528 |
| Maintenance Fee | $440 Monthly |
| Property Taxes | $10,420 2025 |
| Interior Space | 341 SqFt |
| Beds/Baths | 0/1 |
| Furnished | Yes |
| Year Built | 2022 |
| MLS # | A11995568 |
Location
From the listing
Experience elevated luxury living at The Elser Hotel & Residences in Downtown Miami with this stunning high-floor studio on the 47th level, offering breathtaking panoramic views of the Miami skyline and Biscayne Bay. This fully furnished residence features high ceilings, floor-to-ceiling windows, and designer finishes throughout, creating a modern and sophisticated living experience.The sleek kitchen is equipped with premium cabinetry and top-of-the-line appliances, ideal for both everyday living and short-term rental income. Residents enjoy world-class amenities including resort-style pool, fitness center, concierge services, and an exclusive on-site Michelin-starred dining experience.Located in the heart of Downtown Miami, just minutes from Brickell City Centre, Bayside Marketplace, museums, parks, and major highways. Only a short drive to South Beach and Key Biscayne.Ideal for investors, this property allows daily rentals, making it a prime opportunity for Airbnb or short-term income in one of Miami’s fastest-growing luxury markets.
Listed by Miami Masterpiece
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $440 a month; taxes $10,420 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Elser Hotel & Residences Unit 4712
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 (4712) is asking $1,528/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 4712, 398 NE 5th Street · MLS A11995568 · $521,000
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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 4712 asks $1,528 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.