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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, or both, this is a rare opportunity to own a turnkey residence in one of Miami’s fastest-growing neighborhoods.Don’t miss your chance to own a condo in one of Downtown Miami’s premier luxury buildings. Schedule your private showing today!
Current real estate data for Condo in Miami as of Nov 09, 2026
5,208
Condo Listed
149
Avg DOM
696
Avg $ / SqFt
$986,370
Avg List Price
Listing Provided Courtesy of MRI Realty Group at 786-280-2600

Property Details

Price:
$790,000
MLS #:
A12061775
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Elser Residences
Neighborhood:
2420
Listed Date:
Jul 28, 2026
Finished Sq Ft:
560
Total Sq Ft:
560
Year Built:
2022
NewconstructionElser ResidencesFrederick DouglassJose De DiegoBooker T. WashingtonBayPets Allowed

Schools

Elementary School:
Frederick Douglass
Middle School:
Jose De Diego
High School:
Booker T. Washington

Interior

Appliances
Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Other
Bathrooms
1 Full Bathroom
Cooling
Electric
Flooring
Ceramic Tile
Heating
None
Interior Features
Closet Cabinetry, Elevator, Kitchen Island
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Association Amenities
Maintenance, Pool, Bar, Business Center, Fitness Center, Lobby, Parking, Picnic Area
Direction Faces
Southeast
Exterior Features
Balcony
New Construction YN
1
Parking Features
Valet
Security Features
Closed Circuit Camera(s), Elevator Secure, Entry – Phone/Intercom, Fire Alarm, Fire Sprinkler System, Key Card Entry, Lobby – Attended, Secured Garage/Parking, Security Guard, Security System, Smoke Detector(s)
View
Bay

Financial

HOA Fee
$1,756
HOA Fee Frequency
Quarterly
HOA Includes
Recreation Facility, Pool Service, Cable TV, Common Areas, Internet, Maintenance Grounds, Maintenance Structure
Tax Year
2025
Taxes
$12,578

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Community

Property Summary

    Located in the Elser Residences subdivision, 398 NE 5th Street 1615 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $790,000 and features 1 beds, 1 baths, and has approximately 560 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,411. The average price per square foot for Condo listings in Miami is $696. The average listing price for Condo in Miami is $986,370. To schedule a showing of MLS#a12061775 at 398 NE 5th Street 1615 in Miami, FL, contact your Trust House Realty agent at 9543362003.

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