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Property photos —
ActiveBeachesMLS
ActiveMLS® A12061775
$790,000

398 NE 5th Street 1615, Miami, FL 33132

Beds
1
Baths
1
Sqft
560
Est. payment$5,679/mo
Home type
Condominium
Year built
2022
Lot size
—
Price / sqft
$1,411
HOA
—
Community
Elser Residences

Property description

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!

Listing activity

Days on market
—
Listed
—
MLS listing updated
Sep 9, 2026
Feed last checked
9 minutes ago

Listed by Hans Baumgartner Perez · MRI Realty Group

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Property

Not reported by the listing source.

Construction

Type & style

Home type
Condominium
Year built
2022
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
Elser Residences

Association

Has association
Yes
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12061775
Additional MLS details

Reported by the listing source

Bathrooms Total Integer
1
County Or Parish
Miami-Dade
List Price
790000
Living Area
560
Mls Status
Active
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Standard Status
Active
State Or Province
FL
Subdivision Name
Elser Residences
Bedrooms Total
1

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 9, 2026Price updatedBeachesMLS$790,000$1,411/sqft

Public tax history

—

Payment calculator

Estimated monthly payment$5,679/moIllustrative estimate, not a loan offer.
Principal & interest
$4,099
Property taxes
$1,185
Insurance
$395
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Elser Residences

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of MRI Realty Group. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.