Home›398 NE 5th Street 1615, Miami, FL 33132

Residential in Miami

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!

Property Highlights

View

  • Bay

Cooling

  • Electric

Heating

  • None

Electric

  • Circuit Breakers

Flooring

  • Ceramic Tile

Amenities

  • Bar
  • Business Center
  • Fitness Center
  • Lobby
  • Parking
  • Picnic Area
  • Pool

Utilities

  • Cable Available

Appliances

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Electric Water Heater

Possession

  • Close Of Escrow

Water View

  • Bay

Pets Allowed

  • Size Limit

Listing Terms

  • Cash
  • Conventional

Balcony Details

  • Balcony - Open

Other Equipment

  • Other

ParkingFeatures

  • Valet

Pets Allowed YN

  • Yes

Association Type

  • Condominium

ExteriorFeatures

  • Balcony

InteriorFeatures

  • Closet Cabinetry
  • Elevator
  • Kitchen Island

Laundry Features

  • Washer Hookup
  • Dryer Hookup

Parking Features

  • Valet

SecurityFeatures

  • 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)

Unit Description

  • High Rise

Interior Features

  • Closet Cabinetry
  • Elevator
  • Kitchen Island

Security Features

  • Closed Circuit Camera(s)
  • Elevator Secure
  • Entry - PhoneIntercom
  • Fire Alarm
  • Fire Sprinkler System
  • Key Card Entry
  • Lobby - Attended
  • Secured GarageParking
  • Security Guard
  • Security System
  • Smoke Detector(s)

Master BedroomBath

  • Bedroom On Entry Level

Property Condition

  • New Construction

Special Information

  • Sold As-Is
  • Corporate Owned

AssociationAmenities

  • Maintenance
  • Pool
  • Bar
  • Business Center
  • Fitness Center
  • Lobby
  • Parking
  • Picnic Area

Showing Requirements

  • Appointment Only
  • Call Listing Agent

Water Heater Details

  • Electric Water Heater

Association Amenities

  • Maintenance

Outdoor Living Spaces

  • Balcony

Application Information

  • 1-2 Weeks Approval

Association Fee Includes

  • Cable TV
  • Common Areas
  • Internet
  • Maintenance Grounds
  • Maintenance Structure
  • Pool Service
  • Recreation Facility

Leasing Permitted Details

  • Short Term Rentals Allowed

Property Details

Property TypeResidential
StyleCondominium
Year Built2022
CountyMiami-Dade
SubdivisionElser Residences
Living Area560 sq ft
Bedrooms1
Baths1
Half Baths0
Unit Number1615
HOA Fee$1,756 / Quarterly
HOA IncludesRecreation Facility, Pool Service, Cable TV, Common Areas, Internet, Maintenance Grounds, Maintenance Structure
Annual Tax$12,578 (2025)
Special AssessmentNo
Pets AllowedSize Limit, Yes
Size LimitYes
Listing OfficeMRI Realty Group
Listing AgentHans Baumgartner Perez
Office Phone786-280-2600

398 NE 5th Street 1615, Miami, FL 33132, Miami, FL 33132