
398 NE 5th St # 1615, Miami, FL 33132
Miami, FL 33132 · The Elser Hotel & Residences
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 home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,411 | $397 |
| 1-bedroom price | $790,000 | $340,000 |
| Days on market | 42 | 51 |
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
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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.