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$635,000 Just Listed
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Property Description
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
Full Property Details for 398 NE 5th St #1515
General
- Price: $635,000
- HOA FEE: $734/month
- Taxes: $13,062 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11973660
- Updated: Today (3/2/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level, Primary Bath Shower
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
Exterior
- Exterior Features: East Of Us1, Open Balcony
- Deck/Patio: Open Balcony
Parking
- 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.
- Building Name: The Elser
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: Corner Unit, 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
- 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.: $1,133.93
- Association Fee: $734
- Assoc Fee Freq.: Monthly
- Tax Amount: $13,062
- Tax Year: 2025
- 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, Ok To Lease
- Inclusions: Other
- Property ID: 01-41-37-078-4780
Listed by One Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 398 NE 5th St #1515
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #1515
Date
Details
Price
Change
Source
3/02/2026
Listed
$635,000
—
MLS
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 St #1515
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,629
-14%
$521,600
-20%
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
Estimate the Cost for 398 NE 5th St #1515
398 NE 5th St #1515, Miami, FL 33132 (MLS# A11973660) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #1515 is currently listed for $635,000 and was received on March 02, 2026. Want to learn more about 398 NE 5th St #1515? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

