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Active - Condominium for sale

398 NE 5th St # 1615, Miami FL 33132

1 bd|1 bth|560 sqft

Facts & features

Condominium Property type
108 days on Beycome
2022 Year built
$1,411 Price/Sqft.
$1,756/qtr HOA

Why you’ll love it

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!

Translating description...

Listings courtesy of MRI Realty Group.

Listed by: Hans Baumgartner Perez • 305-600-6199 • MRI Realty Group

Co-listed by: Andrea Baumgartner Perez • 305-600-6199 • MRI Realty Group

Source: Miami MLS, MLS#: A12061775 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$515,000$1,065,000
1%20%
0%90%
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Estimated monthly payment

$5,628/mo

  • Mortgage$3,995
  • Property tax$1,048
  • HOA fee
  • Homeowners insurance
Due at closing$628,050
Down payment held in escrow$158,000
Closing costs$11,850
beycome credit Est.$15,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$15,800 Credit back

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Travel times

About Elser Residences

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$790,000 Listed price

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$15,800 Credit back

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