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398 NE 5th St # 1515, Miami FL 33132

Condo/Co-op For Sale
$635,000

BTC: 9.89256673

ETH: 360.19376723

112 days
Waterfront
1 bds
1 ba
560 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,134
Cooling:
Central Air
HOA:
$734

Valuation

Our model vs. what's actually selling nearby.
Estimate
$560,000
$399K – $887K
Confidence Low
List vs. estimate
$75K above estimate
List $635,000 · +13.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,133
+102.4% vs. city median $560
Based on
183 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $509K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,062
2025
HOA
$734/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Other

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-4780

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $734

    • HOA Frequency: Monthly

    • Annual tax amount: $13,062

  • Source details

    • MLS ID: A11973660

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 560

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty