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New listingMLS listing sourceMIAMI REALTORS® MLS
New listingMLS® A12115063
$550,000

398 NE 5th Street 1815, Miami, FL 33132

Beds
1
Baths
1
Sqft
560
Est. payment$4,821/mo
Home type
Condominium
Year built
2022
Lot size
—
Price / sqft
$982
HOA
$798/mo
Community
THE ELSER

Property description

Experience luxury living at The Elser Hotel & Residences in the heart of Downtown Miami! This sleek and fully furnished turnkey 1-bed, 1-bath unit blends elevated residential comfort with full short-term rental flexibility, making it ideal for full-time living, a personal getaway or an income-generating investment. Inside you can enjoy soaring floor-to-ceiling glass windows showcasing the vibrant Downtown skyline and Biscayne Bay vistas. High ceilings, porcelain wood-grain tile flooring, a private covered balcony, and custom California-style closets enhance the bright layout. The modern kitchen features custom Italian cabinetry by Italkraft and quartz countertops. Complete with smart keyless entry and an in-unit washer/dryer. Enjoy resort-style amenities including a sky deck with a 132-ft pool, LED video wall, hot tub, two-story fitness center, outdoor yoga lawn, and a two-level co-working lab with private conference rooms. Prime location just steps from Kaseya Center, Bayside Marketplace, Bayfront Park, Miami Worldcenter, Brightline, and PortMiami. Priced to sell!

Listing activity

Days on market
0
Listed
Oct 29, 2026
MLS listing updated
Oct 30, 2026
Feed last checked
Just now

Listed by Jorge Lopez · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Flooring
Ceramic Tile
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1

Exterior

Stories
47
Building area
560 sqft
Entry level
1
Exterior features
Balcony
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2022
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
THE ELSER
MLS area
2420
Security
Key Card Entry, Security Guard
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$798 monthly
Estimated monthly dues
$798
Amenities
Pool, Elevator(s), Fitness Center, Sauna, Spa/Hot Tub
Services included
Cable TV, Common Areas, Elevator, Internet
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12115063
Possession
Negotiable
Original list price
$550,000
Parcel number
0141370784810
Annual property tax
$10,727
Tax year
2025
Tax legal description
398 NE 5TH STREET CONDO UNIT 1815 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Elevator(s), Fitness Center, Sauna, Spa/Hot Tub
Association Fee Frequency
Monthly
Association Fee Includes
Cable TV, Common Areas, Elevator, Internet
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
560
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
0
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
550000
Listing Contract Date
2026-10-29
Living Area
560
MLSArea Major
2420
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-10-29
Photos Count
2
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Key Card Entry, Security Guard
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-29T04:00:00Z
Stories Total
47
Subdivision Name
THE ELSER
Tax Annual Amount
10727
Bathrooms Full
1
Bedrooms Total
1
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
798

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 29, 2026ListedMIAMI REALTORS® MLS$550,000$982/sqft

Public tax history

YearProperty taxesAssessment
2025$10,727—

Payment calculator

Estimated monthly payment$4,821/moIllustrative estimate, not a loan offer.
Principal & interest
$2,854
Property taxes
$894
Insurance
$275
Association dues
$798

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE ELSER

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.