Condominium

398 NE 5th St # 1815

398 NE 5th St # 1815, Miami FL 33132 Get directions

$550,000

For Sale New — 1 day on market

1 Bed · 1 Bath · 560 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida, LLC. Jorge Lopez

Overview

Experience luxury living at The Elser Hotel & Residences in the heart of Downtown Miami! This sleek and fully furnished turnkey 1-bed, 1-bath unit blends elevated residential comfort with full short-term rental flexibility, making it ideal for full-time living, a personal getaway or an income-generating investment. Inside you can enjoy soaring floor-to-ceiling glass windows showcasing the vibrant Downtown skyline and Biscayne Bay vistas. High ceilings, porcelain wood-grain tile flooring, a private covered balcony, and custom California-style closets enhance the bright layout. The modern kitchen features custom Italian cabinetry by Italkraft and quartz countertops. Complete with smart keyless entry and an in-unit washer/dryer. Enjoy resort-style amenities including a sky deck with a 132-ft pool, LED video wall, hot tub, two-story fitness center, outdoor yoga lawn, and a two-level co-working lab with private conference rooms. Prime location just steps from Kaseya Center, Bayside Marketplace, Bayfront Park, Miami Worldcenter, Brightline, and PortMiami. Priced to sell!

Facts & features

Interior

Living area (sq ft)
560
Full bathrooms
1
  • First Floor Entry

Building & exterior

Year built
2022
Garage spaces
1
Covered spaces
1
  • None
  • Open Balcony
  • 1 Space

HOA (homeowners association)

Association fee
$798 per month
Pets allowed
Yes
  • Elevator(s)
  • Exercise Room
  • Pool
  • Sauna
  • Spa/Hot Tub
  • Daily Rentals Allowed
  • Ok To Lease

Taxes

Annual tax
$10,727
Tax year
2025
Parcel number
01-41-37-078-4810

Listing

MLS number
A12115063
Property type
Condominium
Price per SqFt
$982
Subdivision
THE ELSER
On market since
Oct 29, 2026
Days on market
1

Estimated monthly cost

$4,886 per month

Principal & interest (30 yr)
$2,781
Property tax
$894
Insurance (estimated)
$413
Association fee
$798

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

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Nearby schools

  • New World School of the Arts Public · 9-12 · 0.31 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.31 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.58 mi
  • Downtown Miami Charter School Charter · K-6 · 0.65 mi
  • School Board Adm - Main Building Public · 0 · 0.71 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.74 mi
  • K-12 Distance Learning Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • Miami-Dade Online Academy Public · K-12 · 0.75 mi
  • Key Point Academy Downtown Private · PK-12 · 0.76 mi
  • School Board Adm -Garage Public · 0 · 0.79 mi
  • The Learning World Academy in Downtown Private · PK-01 · 0.80 mi
  • KLA Schools of Brickell Private · NS-PK · 0.84 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.84 mi

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