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The Elser Hotel & Residences, 398 NE 5th St #3711
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OFF MARKET
2
Beds2
Baths818
SqFtStatus
OFF MARKETExpired
Parking
1
Size
818 SqFt (76 m2)
Price
$1,710/SqFt ($18,409/m2)
Type
Condo
Built
2022
HOA
$1,511/MO
MLS Number
A11837377
View
Bay,City
On Site
431 Days
Updated
84 Days ago
Page Views
0
Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.
Features
Bedrooms
- Bedrooms: 2
Bathrooms
- Bathrooms: 2
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Barbecue, Deck, SecurityHighImpactDoors
- View: Bay,City
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, ClosetCabinetry, Other, ShowerOnly, Skylights, Elevator, Bar
- Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Skylights
- Year Built: 2022
- Year Built Description: Resale
- Style: HighRise
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Garage: 1
- Listing Date: 2025-07-11T19:33:51.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Maintenance Includes: Amenities, CommonAreas, CableTv, Hvac, Insurance, Internet, MaintenanceStructure, Parking, Water
- Taxes: 25753
- Security Information: ElevatorSecured, KeyCardEntry, LobbySecured
- Parking Description: Attached, Covered, Garage, Valet
- Total Floors in Building: 49
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-8%Date
Event
Price
Change
Price Per
09/22/2025
Price Reduced
$1.4M
0%$1,710 ft2
$18,409 m2
09/22/2025
Price Reduced
$1.4M
-3.52%$1,710 ft2
$18,409 m2
08/14/2025
Price Reduced
$1.5M
-4.61%$1,773 ft2
$19,080 m2
07/09/2025
Listed
$1.5M
$1,858 ft2
$20,002 m2
09/22/2025
$1.4M
Event
Price Reduced
Change
0%Price Per
$1,710 ft2
$18,409 m2
09/22/2025
$1.4M
Event
Price Reduced
Change
-3.52%Price Per
$1,710 ft2
$18,409 m2
08/14/2025
$1.5M
Event
Price Reduced
Change
-4.61%Price Per
$1,773 ft2
$19,080 m2
07/09/2025
$1.5M
Event
Listed
Price Per
$1,858 ft2
$20,002 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carlo Ortiz • Xcellence • Buyer Agency Compensation .
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Scores
96
100
99
100
77
100
65
100
0
100
46
100
2
100
Community Snapshot
Studio – 3 BR
Bedrooms
$449K – $1.7M
Price Tier
341 - 32,286
SqFt Range
2022
Year Build
49
Total Floors
Subdivision Amenities
Barbecue
Cabana
Clubhouse
Elevators
Fitness Center
Hobby Room
Management
Playground
Pool
Sauna
Trash
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