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$645,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 560 Sq. Ft.
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Best priced condo in its line! Opportunity knocks. 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.

Full Property Details for 398 NE 5th St #1515

General

  • Price: $645,000
  • HOA FEE: $734/month
  • Taxes: $13,062 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11853208
  • Updated: 12/27/2025
  • Added to Site: 163 day(s) ago

Interior

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

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Other

Other Rooms

  • Living Room: Recreation Room, Utility R Sq. Ft.
  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Other
  • Laundry: Utility Room/Laundry

Additional Information

  • Shared Amenities: Barbecue, Billiard Room, Business Center, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Parking, Pool Service, Trash Removal
  • Security/Safety: Elevator Secure, Card Entry, Other

Exterior

  • Exterior Features: East Of Us1, Open Balcony
  • Deck/Patio: Open Balcony

Parking

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

Location

  • Area: Map Of Miami Dade Co. Fl.
  • County: Miami-Dade County
  • Subdivision: MAP OF MIAMI DADE CO. FL., The Elser
  • Building Name: ELSER
  • Driving Directions: Merge onto I-95 S, take exit 2D toward I-395/Miami Beach. Keep right for exit 2B. Continue on NE 2nd Ave, turn right on NE 2nd Ave, then left on NE 5th St. Turn right; destination is on the left.

Community

  • Community Name: Map Of Miami Dade Co. Fl.
  • Association: Yes
  • Units Assoc/Comm: 646
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo-Hotel, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Entry Floor Number: 15
  • Building Size: 560
  • Square Feet: 560
  • Sq. Ft. Source: Developer
  • Living Area: 560 Sq. Ft.
  • Year Built: 2022

Unit Information

  • Units in Complex: 646

Lot Features

  • Property View: Bay
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,151.79
  • Association Fee: $734
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $13,062
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 1515 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Okay To Lease 1st Year
  • Inclusions: Other
  • Property ID: 01-41-37-078-4780

Listed by One Sotheby's International Realty

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Listing agents

— 398 NE 5th St #1515 —

  • One Sotheby's International Realty

  • One Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #1515

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th St #1515 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Price Reduced
$645,000
-0.77%
MLS
10/13/2025
Price Reduced
$650,000
-7.01%
MLS
9/10/2025
Price Reduced
$699,000
-10.9%
MLS
8/07/2025
Listed
$784,500
4.6%
MLS
4/03/2023
Sold
$750,000
—
Public Record
Get Price Alerts and Save Property
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 for 398 NE 5th St #1515

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,409
-3%
$652,000
—
2023
$12,733
—
$652,000
—
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 for 398 NE 5th St #1515

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by One Sotheby's International Realty

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398 NE 5th Street #1515, Miami, FL 33132 (MLS# A11853208) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th Street #1515 is currently listed for $645,000 and was received on August 07, 2025. Want to learn more about 398 NE 5th Street #1515? 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.

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