3 of 60For Sale at The Elser Hotel & ResidencesBack to list
Unit 2418
1 / 34
The Elser Hotel & Residences Unit 2418 For Sale
$1,600,000
398 NE 5th Street · Miami · Miami
The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 1 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 2 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 3 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 4 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 5 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 6 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 7 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 8 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 9 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 10 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 11 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 12 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 13 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 14 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 15 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 16 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 17 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 18 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 19 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 20 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 21 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 22 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 23 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 24 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 25 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 26 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 27 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 28 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 29 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 30 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 31 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 32 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 33 of 34The Elser Hotel & Residences Unit 2418, 398 NE 5th Street, Miami FL 33132, photo 34 of 34
3 of 60 For Sale at The Elser Hotel & Residences · back to list
$1,600,000Asking Price
$1,410Per SqFt
3/3Beds/BathsBd/Ba
1,135SqFt · 105.4 m²
The Elser Hotel & Residences · MLS A11972846 · 195 days on Zilbert · Listed Mar 6, 2026 · 398 NE 5th Street, Miami FL 33132Current layoutPhotos first

Property Details

Asking Price$1,600,000
Price per SqFt$1,410
Maintenance fee$1,307 Monthly
Property Taxes$22,186 2025
Interior Space1,135 SqFt
Beds/Baths3/3
Year Built2022
MLS #A11972846

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$1,307maintenance · $1,307 per month
$1,849taxes · $22,186/yr ÷ 12
$3,156 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.

Listed by EXP Realty LLC

Sales History for This Unit · The Elser Hotel & Residences Unit 2418

Sales history is unavailable for this property

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

1 other unit sold in the last 12 months at an average of $925/SqFt · This unit (2418) is asking $1,410/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 EXP Realty LLC. 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 $1,410 ask