‹›13 of 65For Sale at The Elser Hotel & ResidencesBack to list
1 / 26

Unit in The Elser Hotel & Residences For Sale

$1,300,000
398 NE 5th Street · Downtown Miami · Miami
Address withheld by the listing agent
$1,300,000
398 NE 5th Street · Downtown Miami · Miami
Address withheld by the listing agent
MLS A12102277
The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 1 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 2 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 3 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 4 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 5 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 6 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 7 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 8 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 9 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 10 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 11 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 12 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 13 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 14 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 15 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 16 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 17 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 18 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 19 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 20 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 21 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 22 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 23 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 24 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 25 of 26The Elser Hotel & Residences, 398 NE 5th Street, Downtown Miami, Miami FL, photo 26 of 26
←→
13 of 65 For Sale at The Elser Hotel & Residences · back to list
$1,300,000Asking Price
$1,130Per SqFt
3/3Beds/BathsBd/Ba
1,150SqFt · 106.8 m²
The Elser Hotel & Residences · MLS A12102277 · 23 days on Zilbert · Listed Oct 9, 2026 · 398 NE 5th Street, Downtown Miami, Miami FL

Property Details

Asking Price$1,300,000
Price per SqFt$1,130
Maintenance Fee$1,776 Monthly
Property Taxes$22,756 2025
Interior Space1,150 SqFt
Beds/Baths3/3
Year Built2022
MLS #A12102277

From the listing

Welcome to The Elser Miami — where luxury, lifestyle, and investment potential come together.Discover this exceptional fully furnished 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences, offering breathtaking Biscayne Bay and Downtown Miami skyline views from floor-to-ceiling windows and an expansive 180° balcony.Designed for sophisticated Miami living, the residence features 9'2" ceilings, a premium kitchen with high-end appliances, smart-home technology, and elegant furnishings throughout. Enjoy the unique opportunity to experience both sunrise over Biscayne Bay and spectacular city sunsets from your private balcony.An outstanding opportunity for investors, The Elser offers short-term rental flexibility, making this residence ideal for those seeking both a luxurious personal retreat and an income-producing asset.Residents enjoy an impressive collection of resort-style amenities, including a rooftop infinity pool, 24-hour concierge, valet service, state-of-the-art fitness center, and more.Perfectly positioned in the heart of Downtown Miami, The Elser places you just steps from Bayfront Park, world-class dining, entertainment, shopping, and the energy of Biscayne Boulevard.Luxury. Views. Location. Investment potential.This is a rare opportunity to own one of Downtown Miami's most desirable corner residences. Schedule your private tour today.

Listed by Douglas Elliman

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,776
Property taxes$1,896
Per month$3,672

Maintenance $1,776 a month; taxes $22,756 for 2025. MLS figures, which may not be accurate.

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

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 is asking $1,130/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 Douglas Elliman. 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 A12102277 asks $1,130 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.

Ask Mark