Modern 1BR Condo with Urban Views at The Elser, Miami

Contemporary 1-bedroom, 1-bath condo on 16th floor with city views, premium amenities, and prime Miami location near Bayside Marketplace.
$850,000

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Florida Local Time --:--
MLS #A11806224
Listing Updated: 2026-07-12 18:29:13
Listed By: Tower Team Realty, LLC

Overview

This modern 1-bedroom, 1-bath condominium at The Elser offers 626 sqft of stylish living space on the 16th floor, featuring expansive urban views of Downtown Miami. Built in 2022, the unit includes premium appliances, in-unit washer/dryer, walk-in closet, and smart keyless entry for convenience and security. Residents enjoy resort-style amenities such as a pool, advanced fitness center, co-working spaces, and 24/7 concierge services. The property includes one assigned covered parking space with valet service. Ideally situated steps from Miami’s top dining, entertainment, and cultural venues, this condo provides easy access to Bayside Marketplace, Kaseya Center, Miami Worldcenter, Brightline Station, Bayfront Park, and the Port of Miami.

Property Highlights

1-bedroom, 1-bath condo with walk-in closet and open balcony. Modern finishes, smart entry, in-unit washer/dryer. Resort amenities include pool, fitness center, co-working spaces, and concierge. Assigned covered parking with valet. Prime downtown Miami location near Bayside Marketplace and cultural attractions.

Property Details

City: Miami
State: FL
Zip Code: 33132
Address: 398 NE 5th St # 1619, Miami FL 33132
Year Built: 2022
Property Type: Residential
Property Sub Type: Condominium
Listing Office Name: Tower Team Realty, LLC
County: Miami-Dade County
Garage Spaces: 1
Parking Features: Assigned, Covered, Valet
Interior Features: Other, Walk-In Closet(s)
Exterior Features: Open Balcony
Waterfront: No
Pool: No
HOA Fee: $665
Annual Tax: $13,302
Days On Market: 402 Days
Modern furnished 1/1 unit at The Elser, located on the 16th floor with expansive urban views of Downtown Miami. Ideal for investors or end-users, this unit allows short-term rentals, long-term leases, or full-time living. Modern finishes include premium appliances, in-unit washer/dryer, and smart keyless entry. The building offers resort-style amenities: pool, state-of-the-art fitness center, co-working spaces, and 24/7 concierge. Located steps from Miami’s top dining, entertainment, and cultural destinations. Directly across from Bayside Marketplace and Kaseya Center, and within walking distance to the future Miami Worldcenter, Brightline Station, Bayfront Park and Port of Miami.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

398 NE 5th St # 1619, Miami FL 33132

About This Neighborhood

Located in the heart of Miami’s bustling downtown, this property benefits from proximity to Bayside Marketplace, Kaseya Center, and the future Miami Worldcenter. The neighborhood offers a dynamic urban lifestyle with easy access to cultural venues, dining, entertainment, and waterfront parks. Residents enjoy convenient transportation options including Brightline Station and nearby Port of Miami, making this area a sought-after destination for city living.

Walkability & Lifestyle

This condo’s location supports a highly walkable lifestyle with numerous restaurants, shops, and entertainment venues within easy reach. Residents can enjoy waterfront parks, marinas, and cultural attractions nearby. The area’s pedestrian-friendly streets and public transit options enhance daily convenience, making it ideal for those who prefer an active urban environment without relying heavily on a car.

Things To Do Nearby

Living at The Elser places you near Miami’s vibrant entertainment scene, including Bayside Marketplace’s shopping and dining, cultural events at Kaseya Center, and outdoor activities at Bayfront Park. Residents can enjoy boating, waterfront dining, nightlife, and upcoming developments like Miami Worldcenter. The area offers diverse recreational and social opportunities for all interests.

Nearby Schools

The downtown Miami area offers access to a variety of educational institutions, including public and private schools within reasonable commuting distance. Families and residents benefit from the city’s established school network, providing options for different age groups and educational preferences. The neighborhood's urban setting also supports access to extracurricular activities and community programs.

Why Buyers Like This Area

Buyers appreciate this property for its modern design, prime downtown location, and access to premium amenities. The flexibility to use the unit as a full-time residence or rental adds to its appeal. Its proximity to major attractions and transportation hubs offers convenience and lifestyle benefits, making it suitable for professionals, investors, and those seeking an urban living experience in Miami.

Investment Potential

This 1-bedroom condo at The Elser offers flexible usage options including short-term rentals, long-term leases, or full-time residence, appealing to a variety of buyers and renters. Its downtown Miami location near major attractions and transportation hubs enhances its rental appeal. The building’s resort-style amenities and modern features support tenant interest, making it a practical choice for those seeking a versatile property in a vibrant urban setting.

Rental Income Potential

The Elser’s location and amenities support steady tenant demand, particularly from professionals and visitors seeking short-term or long-term stays. Its proximity to entertainment, business centers, and transit hubs enhances rental potential. While rental income may vary seasonally, the property’s versatility and modern features contribute to consistent interest from prospective renters in Miami’s dynamic market.
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