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398 NE 5th St 1615Miami, FL 33132

For Sale

$790,000

Smart Buyer Rebate $7,900

Explore this fully furnished 1-bedroom, 1-bathroom residence, ideal for short-term rentals in one of Miami's top locations. Unit 1615 at The Elser spans 560 sq ft, offering breathtaking city and bay views and unmatched convenience. This unit is fully furnished equipped, and ready to rent or enjoy. It’s situated right across from Miami's key shopping destinations, the cruise terminal, and the entertainment arena. Its prime location in the heart of Downtown Miami makes this a compelling investment for anyone looking to tap into the city's dynamic lifestyle. With short-term rentals permitted, this unit is a ready-to-go option for generating rental income in Miami’s most desirable area. Contact us to schedule your viewing today!

Listed by Hans Baumgartner Perez

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License #3544032

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MRI Realty Group

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305-600-6199

Last updated September 06, 2025

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Source: MIAMIRE #A11655850

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu364
  • HOA/Maint. Fees$1,756/quarter
  • Taxes$13,444/year
  • Size560 sqft
  • Price per sqft$1,411

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/06/2025
Price Decreased
$790,000
09/09/2024
Listed by MRI Realty Group
$830,000

Property Details for 398 NE 5th St 1615

Association

Amenities

  • Association Amenities: Bar, Barbecue, Business Center, Exercise Room, Pool
  • Pets Allowed: More Than 20 Lbs

Fees

  • Association Fee: $1,756.00 Quarterly
  • Association Fee Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Internet/Wi Fi, Landscaping/Lawn Maintenance, Parking, Pool Service, Recreation Facilities

General

  • Number Of Units In Community: 704

Exterior

Construction

  • Number Of Units Total: 704
  • Property Attached: Yes
  • Property Condition: New Construction
  • Stories Total: 49
  • Structure Type: Condo-Hotel, Condo
  • Year Built: 2022
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: Elser Residences
  • Entry Level: 16
  • Exterior Features: Open Balcony

Features

  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • View: Bay

Measurements

  • Building Area Total: 560
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-4790
  • Tax Annual Amount: $13,444.00
  • Tax Year: 2023

Interior

Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Refrigerator, Washer
  • Flooring: Ceramic Floor
  • Interior Features: Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers

Measurements

  • Living Area: 560
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: Elser Residences

Parking

Parking

  • Parking Features: Valet

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Laundry Features: Washer/Dryer Hook-Up

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.