The Elser Hotel & Residences · 3 Bedrooms · 3 Bathrooms · 1,150 Sq Ft

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership. Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods. When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations. This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity. Vacant and available for private showings.
Unit 3901 is located at 398 NE 5th St, part of the 01 line on floor 39 of The Elser's 646-residence tower. 2 other 01 line residences are currently offered for sale in the building.
This Residence
$956/SF
Building Avg Asking
$1,463/SF
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Courtesy of RGI Realty