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$790,000
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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
Full Property Details
Full Property Details for 398 NE 5th #1615
General
- Price: $790,000
- Taxes: $12,578 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A12061775
- Updated: 9/8/2026
- Added to Site: 42 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Elevator, Kitchen Island
- Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Refrigerator, Water Heater, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Pool: Yes
- Pool Description: Community
- Security/Safety: Closed Circuit Camera(s), Door Man, Lobby Secured, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Parking Features: Valet
Location
- Area: 2410
- County: Miami-Dade
- Subdivision: Elser Residences
- Direction Faces: Southeast
Community
- Community Name: 2410
- Assoc. Fees Include: Common Areas, Cable TV, Maintenance Grounds, Parking, Pool(s), Recreation Facilities
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: None
Structural Information
- Entry Floor Number: 16
- Square Feet: 560
- Living Area: 560 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $12,578
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: Corporate Listing, Listed As-Is
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1615 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Property ID: 01-41-37-078-4790
Listed by MRI Realty Group
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Schools
Schools serving 398 NE 5th #1615
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.9 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th #1615
Date
Details
Price
Change
Source
7/29/2026
Listed
$790,000
2.33%
MLS
6/07/2023
Sold
$772,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 398 NE 5th #1615
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,447
—
$523,200
-20%
2024
$12,447
-3%
$654,000
—
2023
$12,772
—
$654,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 398 NE 5th #1615
398 NE 5th #1615, Miami, FL 33132 (MLS# A12061775) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th #1615 is currently listed for $790,000 and was received on July 29, 2026. Want to learn more about 398 NE 5th #1615? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

