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398 NE 5th Street 1515Miami, FL 33132

For Sale

$650,000

Smart Buyer Rebate $6,250

Live above it all in this elegant one-bedroom suite at The Elser, where floor-to-ceiling windows and a private balcony showcase breathtaking views of Biscayne Bay, sailboats, and the Skyview observation wheel. This spacious, high-ceiling unit features designer finishes, a gourmet kitchen, spa-style bath, and luxury bedding. Enjoy 5-star amenities including a wrap-around pool, sky lounge, two-story fitness center, valet, and 24/7 concierge. Ideally located near the Kaseya Center, Bayside, Port of Miami, parks, and transit. Great opportunity to utilize the hotel program to earn income if you travel away from Miami. You can elevate your lifestyle in the heart of downtown Miami.

Listed by Jill Penman

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License #3055685

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One Sotheby's International Realty

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305-807-9199

Listed by Graciela Blanco

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License #0674777

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One Sotheby's International Realty

Last updated October 14, 2025

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Source: MIAMIRE #A11853208

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu76
  • HOA/Maint. Fees$734/month
  • Taxes$13,062/year
  • Size560 sqft
  • Price per sqft$1,161

Amenities

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

Location

Mortgage Calculator

Listing History

10/13/2025
Price Decreased
$650,000
09/10/2025
Price Decreased
$699,000
08/07/2025
Listed by One Sotheby's International Realty
$784,500

Property Details for 398 NE 5th Street 1515

Association

Amenities

  • Association Amenities: Barbecue, Billiard Room, Business Center, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub
  • Pets Allowed: Dogs OK

Fees

  • Association Fee: $734.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Parking, Pool Service, Trash Removal

General

  • Number Of Units In Community: 646

Exterior

Construction

  • Number Of Units Total: 646
  • Property Attached: Yes
  • Stories Total: 49
  • Structure Type: Condo-Hotel, Condo
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Year Built: 2022
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: ELSER
  • Construction Materials: Concrete Block Construction
  • Entry Level: 15
  • Exterior Features: East Of Us1, Open Balcony

Features

  • Patio And Porch Features: Open Balcony
  • View: Bay
  • Waterfront: Yes

Measurements

  • Building Area Total: 560
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-4780
  • Tax Annual Amount: $13,062.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s), Recreation Room, Utility Room/Laundry

Measurements

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

Rooms

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

Other

Location

  • Subdivision Name: MAP OF MIAMI DADE CO. FL.,The Elser

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Valet

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Utility Room/Laundry

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.