‹›17 of 65For Sale at The Elser Hotel & ResidencesBack to list
Unit 1601
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The Elser Hotel & Residences Unit 1601 For Sale

$1,200,000
398 NE 5th Street · Downtown Miami · Miami
The Elser Hotel & Residences Unit 1601 For Sale
$1,200,000
398 NE 5th Street · Downtown Miami · Miami
MLS A12097432
The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 6The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 6The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 6The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 6The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 6The Elser Hotel & Residences Unit 1601, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 6
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17 of 65 For Sale at The Elser Hotel & Residences · back to list
$1,200,000Asking Price
$1,043Per SqFt
3/3Beds/BathsBd/Ba
1,150SqFt · 106.8 m²
The Elser Hotel & Residences · MLS A12097432 · 33 days on Zilbert · Listed Sep 29, 2026 · 398 NE 5th Street, Downtown Miami, Miami FL 33132

Property Details

Asking Price$1,200,000
Price per SqFt$1,043
Maintenance Fee$1,666 Monthly
Property Taxes$23,550 2025
Interior Space1,150 SqFt
Beds/Baths3/3
Year Built2022
MLS #A12097432

Location

Directions

From the listing

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with NO Restrictions, or live yearround in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle.Schedule a tour today to discover modern Miami living at its finest!

Listed by My Realty Group, LLC.

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,666
Property taxes$1,963
Per month$3,629

Maintenance $1,666 a month; taxes $23,550 for 2025. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 1601

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 (1601) is asking $1,043/SqFt

Below, the most recent sales most like this unit: units with the same bedroom count.

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, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at The Elser Hotel & Residences. Ask me about this residence, the line, or the building.

Listed by My Realty Group, 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.

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 1601 asks $1,043 per SqFt, below 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.

Ask Mark