MIAMI LUXHomes

398 NE 5th St # 1615, Miami, FL 33132

$790,0001 Beds1 Baths560 Sq. Ft.$1,411 / sq. ft.

Miami, FL 33132 · The Elser Hotel & Residences

Status
Active
Type
Condominium
Year Built
2022
Days on Market
42
MLS #
A12061775
County
Miami-Dade County

About 398 NE 5th St # 1615, Miami, FL 33132

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!

How This Listing Compares in Miami

Per square foot, it is asking 255% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

This homeMiami median (12 mo)
Price per sq. ft.$1,411$397
1-bedroom price$790,000$340,000
Days on market4251

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 398 NE 5th St # 1615, Miami, FL 33132

Bathrooms Full
1
Bathrooms Half
0
Interior Features
Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Refrigerator, Washer
Flooring
Ceramic Floor
Heating
None
Cooling
Electric
Furnished
Furnished
Architectural Style
High Rise
Garage Spaces
0
Parking Features
Valet
Pool Private
No
Year Built Details
Effective Year Built
Property Condition
New Construction
Direction Faces
Southeast

The Building at 398 NE 5th St # 1615, Miami, FL 33132

Building Name
Elser Residences
Building Area Total
560
Building Area Units
Square Feet
Stories Total
49
Entry Level
16
Association
Yes
Association Fee
$1,756
Association Fee Frequency
Quarterly
Association Amenities
Bar, Barbecue, Business Center, Exercise Room, Pool
Pets Allowed
More Than 20 Lbs
Security Features
Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Card Entry, Fire Alarm, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured, TV Camera

Lot, Views & Construction at 398 NE 5th St # 1615, Miami, FL 33132

Lot Size Square Feet
0
Waterfront
No
View
Bay
Exterior Features
Open Balcony
New Construction
No

Taxes & Public Record for 398 NE 5th St # 1615, Miami, FL 33132

Parcel Number
01-41-37-078-4790
Tax Annual Amount
$12,578
Tax Year
2,025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 1615 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
County Or Parish
Miami-Dade County

Map & Neighborhood

398 NE 5th St # 1615, Miami, FL 33132 · More homes in Miami

Courtesy of MRI Realty Group

Comparable Listings in Miami

398 NE 5th St # 1615, Miami, FL 33132 at a Glance

Offered for sale in Miami 33132, 398 NE 5th St # 1615 is a condo with 1 bedroom, 1 bathrooms and about 560 square feet of living space, dating to 2022. The asking price is $790,000, on the market since July 29, 2026, with MRI Realty Group as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.