The Elser Homes for Sale

The Elser is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $579,000 to $1,200,000. Homes were built starting 2022. Pure Equity lists homes in The Elser and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers The Elser and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 9 The Elser Miami homes for sale as of October 2026. The median asking price is $850,000. Asking prices run from $580,000 to $1.19M.

That is 33% above the Miami median of $639,000. On a per-foot basis, homes here ask about $1,486 per square foot, compared with $497 across Miami. So the median price buys roughly 550 square feet of living area.

Listings here have averaged 244 days on the market. That is slower than the Miami average of 138 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in The Elser date from 2022, so they are about 4 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

The Elser includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

The Elser has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

Rentals in The Elser have a median asking rent of $7,999 per month, across 3 active rental listings. For comparison, the Miami median is $3,000, so rents here run 167% higher.

For investors, those medians imply a gross yield near 11.3% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Miami rentals or ask us for a rent estimate on a specific The Elser home.

Here is what the median The Elser price means in Florida closing terms. At $850,000, a 20% down payment comes to about $170,000, leaving a loan near $680,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,380. Next, the intangible tax of 0.2% adds about $1,360. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $5,100 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent The Elser listings show assignments to Frederick Douglass (elementary), Jose De Diego (middle) and Booker T. Washington (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.