$619,000

398 NE 5TH ST #4015, MIAMI, FL 33132

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

This home against Downtown

$1,105 per sq ft, 31% over the Downtown median
216 days on the market
Price cut $200,000 since it was listed at $819,000
$11,000 in property taxes (2025)
Waterfront

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

About this home

Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.

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# B26010042.

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

Listed April 1, 2026.

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