$699,900

398 NE 5TH ST #1715, MIAMI, FL 33132

1 bed1 bath560 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,250 per sq ft, 48% over the Downtown median
303 days on the market
Price cut $59,100 since it was listed at $759,000
$10,694 in property taxes (2025)
1 car garage

Downtown today: 393 homes for sale, median list price $599,000.

About this home

This true 1-bedroom, 1-bath residence offers 560 sq. ft. of thoughtfully designed living space with captivating views of Biscayne Bay and the Downtown Miami skyline. Located at The Elser Residences in the heart of Downtown Miami, steps from entertainment, art, culture, dining, shopping, and nightlife. Just minutes from the beaches and directly across from the Kaseya Center, home of the Miami Heat. Fully furnished with a modern gourmet kitchen. Licensed for full-time living as well as short- and long-term rentals. A professional management company is already in place, offering a seamless turnkey investment or primary residence opportunity.

Zoned schools

Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi

Distances from the center of Downtown, MIAMI.

Listing courtesy of Linart Realty, LLC. MLS# R11151415.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed January 4, 2026.

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