8 of 60For Sale at The Elser Hotel & ResidencesBack to list
Unit 3811
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The Elser Hotel & Residences Unit 3811 For Sale
$1,385,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 1 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 2 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 3 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 4 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 5 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 6 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 7 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 8 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 9 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 10 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 11 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 12 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 13 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 14 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 15 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 16 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 17 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 18 of 19The Elser Hotel & Residences Unit 3811, 398 NE 5th Street, Miami FL 33132, photo 19 of 19
8 of 60 For Sale at The Elser Hotel & Residences · back to list
$1,385,000Asking Price
$1,693Per SqFt
2/2Beds/BathsBd/Ba
818SqFt · 76.0 m²
The Elser Hotel & Residences · MLS A11969815 · 208 days on Zilbert · Listed Feb 21, 2026 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Asking Price$1,385,000
Price per SqFt$1,693
Maintenance fee$1,543 Monthly
Property Taxes$23,931 2025
Interior Space818 SqFt
Beds/Baths2/2
Year Built2024
MLS #A11969815

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$1,543maintenance · $1,543 per month
$1,994taxes · $23,931/yr ÷ 12
$3,537 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night.The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery.Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility.A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

Listed by COSMORE Florida Corp.

Sales History for This Unit · The Elser Hotel & Residences Unit 3811

Sales history is unavailable for this property

What Other Units Have Been Selling For at The Elser Hotel & Residences

2 other units sold in the last 12 months at an average of $1,170/SqFt · This unit (3811) is asking $1,693/SqFt

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
Mark Zilbert
Licensed Real Estate Broker · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by COSMORE Florida Corp.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

Location

Directions

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

646 units · 60 for sale · 23 sold in the last 12 months · building avg $1,088/SqFt sold, against this unit's $1,693 ask