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The Elser Hotel and Residences Unit #1706

Listed as Active
Price: $579,000
Price / sq ft $1,307
HOA fee: $494
Living area: 443 sq ft / 41 m²
Bedrooms / baths 1 bed, 1 full / 0 half bath
Address: 398 5th St # 1706
Area: Downtown Miami
Year built: 2022
MLS # A11789023

The Elser Hotel and Residences listing description

Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

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The Elser Hotel and Residences — Floor Plan

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Copyright © 2026 Miami Association of REALTORS®. Listing provided courtesy of Related General Realty, LLC. — Information updated on 01/22/2026. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.