THE ELSER

398 NE 5th Street # 1715, Miami FL 33132

1 beds · 1 baths · 560 ft²

For Sale · Active Listing

$699,900

7.79%

Est. Payment $3,725/mo

MLS Sheet Video

Bedrooms

Bathrooms

560

Sq. Ft.

2022

Year Built

Garage

Stories

166

Days on Market

Description

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.

Facts

MLS#: R11151415
Subdivision: THE ELSER
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2022
Lot Size: 0 sqft
Sq. Ft.: 560 ft²
Sq. Mt.: 52 m²
Price per sq. ft.: $1,250/ft²
Price per sq. mt.: $13,460/m²
Stories: 47
Garage: 1 spaces
Pool: Private
Days on Market: 166 days
Listed: Jan 5, 2026
Last Updated: Jun 20, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/20/2026	Price change	$699,900-7.8%
1/5/2026	Listed for sale	$759,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

398 NE 5th Street # 1715, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Panther Run Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Renaissance Charter School At Wellington
KG,1,2,3,4,5,6,7,8 · charter · 0.7 mi
Equestrian Trails Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Emerald Cove Middle School
6,7,8 · public · 1.0 mi
Wellington Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,12 · private · 1.0 mi
Wellington Preparatory School
KG,1,2,3,4,5 · private · 1.0 mi
Discovery Key Elementary School
KG,1,2,3,4,5 · public · 1.3 mi
Forest Trail Academy
1,2,3,4,5,6 · private · 1.5 mi
Forest Trail Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
Polo Park Middle School
6,7,8 · public · 1.6 mi

Estimated Monthly Payment

$4,458/mo

Principal & Interest

$3,725

Property Tax

$583

Insurance

$150

HOA

Down Payment20% ($139,980)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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