Property Details
| Asking Price | $1,335,000 |
|---|---|
| Price per SqFt | $1,632 |
| Maintenance Fee | $1,543 Monthly |
| Property Taxes | $23,931 2025 |
| Interior Space | 818 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2024 |
| MLS # | A11969815 |
Location
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.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,543 a month; taxes $23,931 for 2025. MLS figures, which may not be accurate.
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
23 units sold at The Elser Hotel & Residences in the last 12 months at an average of $1,080/SqFt · This unit (3811) is asking $1,632/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/27/26 |
| 3709 | $1,150,000$1,170/SqFt | 96% | 4/24/26 |
| 4209 | $1,500,000$1,526/SqFt | 81% | 2/28/25 |
| 3711 | $1,300,000$1,589/SqFt | 96% | 2/19/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 3811, 398 NE 5th Street · MLS A11969815 · $1,335,000
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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 3811 asks $1,632 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.