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Unit 4001
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The Elser Hotel & Residences Unit 4001 For Sale

$1,550,000
398 NE 5th Street · Downtown Miami · Miami
The Elser Hotel & Residences Unit 4001 For Sale
$1,550,000
398 NE 5th Street · Downtown Miami · Miami
MLS A12114472
The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 1 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 2 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 3 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 4 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 5 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 6 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 7 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 8 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 9 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 10 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 11 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 12 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 13 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 14 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 15 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 16 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 17 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 18 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 19 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 20 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 21 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 22 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 23 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 24 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 25 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 26 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 27 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 28 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 29 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 30 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 31 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 32 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 33 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 34 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 35 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 36 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 37 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 38 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 39 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 40 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 41 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 42 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 43 of 44The Elser Hotel & Residences Unit 4001, 398 NE 5th Street, Downtown Miami, Miami FL 33132, photo 44 of 44
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5 of 65 For Sale at The Elser Hotel & Residences · back to list
$1,550,000Asking Price
$1,348Per SqFt
3/3Beds/BathsBd/Ba
1,150SqFt · 106.8 m²
The Elser Hotel & Residences · MLS A12114472 · 4 days on Zilbert · Listed Oct 28, 2026 · 398 NE 5th Street, Downtown Miami, Miami FL 33132
This property is also available to rent. See the rental listing

Property Details

Asking Price$1,550,000
Price per SqFt$1,348
Maintenance Fee$1,776 Monthly
Property Taxes$23,423 2025
Interior Space1,150 SqFt
Beds/Baths3/3
Year Built2022
MLS #A12114472

Location

Directions

From the listing

Experience panoramic Biscayne Bay and Downtown Miami views from this fully furnished 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Floor-to-ceiling windows, 9'2" ceilings, and an expansive wraparound balcony create a bright setting for enjoying Miami’s waterfront and skyline. The thoughtfully appointed interior features a premium kitchen, high-end appliances, smart-home technology, and elegant furnishings. Short-term rental flexibility accommodates personal enjoyment and potential rental income, subject to applicable requirements. Resort-style amenities include an infinity pool, a state-of-the-art fitness center, concierge, and valet service. Ideally located near Bayfront Park, dining, shopping, and entertainment, this residence offers a distinctive opportunity to own in the heart of Downtown Miami. Contact us to arrange a private showing. UNIT RENTED.AVAILABLE TO RENT AIRBNB

Listed by Urban Development & Investments LLC

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,776
Property taxes$1,952
Per month$3,728

Maintenance $1,776 a month; taxes $23,423 for 2025. MLS figures, which may not be accurate.

Sales History for This Unit · The Elser Hotel & Residences Unit 4001

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 (4001) is asking $1,348/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 Urban Development & Investments 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 4001 asks $1,348 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