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| Asking Price | $1,200,000 |
|---|---|
| Price per SqFt | $1,043 |
| Maintenance Fee | $1,666 Monthly |
| Property Taxes | $23,550 2025 |
| Interior Space | 1,150 SqFt |
| Beds/Baths | 3/3 |
| Year Built | 2022 |
| MLS # | A12097432 |
Location
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 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 ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 4518 | $1,050,000$925/SqFt | 96% | 8/14/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.

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.
Ask Mark About This Listing
The Elser Hotel & Residences Unit 1601, 398 NE 5th Street · MLS A12097432 · $1,200,000
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 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.

