Condominium
398 NE 5th St # 1615
398 NE 5th St # 1615, Miami FL 33132 Get directions
$790,000
1 Bed · 1 Bath · 560 SqFt
See estimated monthly costThis listing is courtesy of MRI Realty Group. Hans Baumgartner Perez
Overview
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!
Facts & features
Interior
- Living area (sq ft)
- 560
- Full bathrooms
- 1
- Furnished
- Furnished
- Lobby
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
Building & exterior
- Year built
- 2022
- Bay
- Open Balcony
- Valet
HOA (homeowners association)
- Association fee
- $1,756 per quarter
- Pets allowed
- Yes
- Bar
- Barbecue
- Business Center
- Exercise Room
- Pool
- Daily Rentals Allowed
- More Than 20 Lbs
Taxes
- Annual tax
- $12,578
- Tax year
- 2025
- Parcel number
- 01-41-37-078-4790
Listing
- MLS number
- A12061775
- Property type
- Condominium
- Price per SqFt
- $1,411
- Subdivision
- Elser Residences
- On market since
- Jul 29, 2026
- Days on market
- 12
Estimated monthly cost
$6,221 per month
- Principal & interest (30 yr)
- $3,995
- Property tax
- $1,048
- Insurance (estimated)
- $593
- Association fee
- $585
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- iPrep Academy
- Primary Learning Center
- Miami-Dade Online Academy
- Key Point Academy Downtown
- School Board Adm -Garage
- The Learning World Academy in Downtown
- KLA Schools of Brickell
- RJW The Academy of Arts Sciences
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Comparables in this building
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