$550,000

398 NE 5TH ST #1815, MIAMI, FL 33132

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

This home against Downtown

$982 per sq ft, 17% over the Downtown median
7 days on the market
$10,727 in property taxes (2025)
1 car garage

Downtown today: 392 homes for sale, median list price $599,000.

About this home

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!

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 Compass Florida, LLC. MLS# A12115063.

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

Listed October 27, 2026.

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