Condo in 398 NE 5th Street 1615, Miami, FL 33132 for sale with MLS# A12061775
Experience the ultimate blend of luxury, flexibility, and investment potential at The Elser Hotel & Residences in the heart of Downtown Miami.This beautifully furnished 1-bedroom, 1-bathroom residence offers a thoughtfully designed living space with spectacular city and Biscayne Bay views. Delivered fully furnished and turnkey, the residence is ready for immediate personal enjoyment or income generation from day one.Perfectly positioned directly across from Bayside Marketplace, Bayfront Park, Kaseya Center, and PortMiami, you'll be at the center of Miami's most vibrant entertainment, dining, shopping, and tourism district. With short-term rentals permitted, this residence presents an exceptional opportunity for investors seeking strong rental demand and maximum flexibility.Residents enjoy world-class amenities, resort-style services, and one of the most sought-after addresses for both visitors and owners. Whether you're looking for a vacation home, an investment opportunity, or both, this is a rare opportunity to own a turnkey residence in one of Miami's fastest-growing neighborhoods.Don't miss your chance to own a condo in one of Downtown Miami's premier luxury buildings. Schedule your private showing today!
398 NE 5th Street 1615, Miami, FL 33132
- Price:
- $790,000.00
- Original List Price:
- $790,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,410.71
- More Listings Same Building:
- The Elser Miami in 398 5th St Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 29, 2026 4:00 am
- Other Special Conditions:
- Sold As-is, Corporate Owned
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Bedroom On Entry Level
- Living Area:
- 560 Sqft
- Built-Up Area:
- 560 Sqft
- View from the Property:
- Bay
- Waterfront:
- No
- Security:
- Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security Guard, Security System, Closed Circuit Camera(s), Secured Garage/Parking, Fire Alarm, Lobby - Attended, Entry - Phone/intercom, Elevator Secure
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Electric Water Heater
- Interior:
- Closet Cabinetry, Kitchen Island, Elevator
- Exterior:
- Balcony
- Laundry:
- Washer Hookup, Dryer Hookup
- Air Conditioning
- Air Conditioning System:
- Electric
- Property Entrance Faces:
- Southeast
- Other Equipment:
- Other
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Year Built:
- 2022
- Levels:
- Two
- Entry Level (floor):
- 1
- Flooring:
- Ceramic Tile
- Number of stories:
- 49
- Property Condition:
- New Construction
- Tax Annual Amount:
- $12,578.00
- Tax Year:
- 2025
- Association Fee:
- $1,756.00
- Association Fee Frequency:
- Quarterly
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
- Electric:
- Circuit Breakers
- Utilities Available:
- Cable Available
- Association
- Application Required
- Application Fee:
- $350.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes
- Lease Number Times per Year Allowed:
- 360
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Bar, Maintenance, Fitness Center, Picnic Area, Parking, Lobby
- Subdivision Name:
- Elser Residences
- Association Fee Includes:
- Maintenance Grounds, Cable Tv, Maintenance Structure, Common Areas, Internet, Pool Service, Recreation Facility
- Senior Community:
- No
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 1615 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Real Estate Folio Number (Parcel Number):
- 0141370784790
- Elementary School:
- Dr. Edward L. Whigham
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- July 29, 2026
- Listing Agreement executed on:
- July 29, 2026
- Listing Status Last Changed On:
- July 29, 2026 4:00 am
- Last Modified:
- July 29, 2026 5:09 pm
- Courtesy of:
- MRI Realty Group
- Attribution:
- Not provided
- Floor Number:
- 16
- Street Name:
- 5th
- Street Number:
- 398
- Unit Number:
- 1615
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44''
- Longitude:
- W81° 48' 38.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami