Estimated monthly payment
$42 /mo
Principal and interest only, based on $1,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,000
- Days on Site
- 7 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,127 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- A12090832
- Subdivision
- THE ELSER
- Development
- THE ELSER
- County
- Miami Dade
- Status
- Active
About This Property
Looking for a spacious, fully furnished 3-bedroom rental in Downtown Miami? This one is different—and here’s why. ??Located on the 15th floor, this beautiful 3-bedroom, 3-bath residence offers incredible water and skyline views. Because it’s an ADA-accessible unit, the layout includes wider hallways and additional maneuvering space, making it the most spacious 3-bedroom floor plan in the entire building!The residence comes fully furnished, is pet-friendly, and includes access to amazing amenities:? Rooftop pool deck?? Stylish cocktail bar??? Multi-level fitness center?? Panoramic city and bay views??? Exclusive private beach club in Miami BeachYou’ll be right in the heart of Downtown Miami, just minutes from the Kaseya Center, PortMiami, great restaurants, shopping, and entertainment.Available for an annual lease or for a flexible seasonal stay of 3 to 6 months or less
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Number of Stories
- 47
- Garage Spaces
- 1
- Parking
- Valet
- Living Sq Ft
- 1,127
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Trash Compactor
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate
- Spa
- Yes
- Interior Features
- Bathtub / Split Bedrooms / Soaking Tub
- Laundry
- Washer Hookup / Dryer Hookup
- Windows
- Blinds
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Private Pool
- Yes
- Pool Features
- In Ground / Association
- Waterfront Features
- None
- View
- Bay
Community & HOA
- HOA Includes
- Internet
- Association Amenities
- Beach Rights / Elevators / Fitness Center / Maintenance / Pool / Sauna / Spa Hot Tub
- Security
- Closed Circuit Cameras / Gated With Guard / Key Card Entry / Lobby Secured
- Utilities
- Cable Available / Sewer Available
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Restrictions
- No Rv / No Truck / No Trailer Parking
- MLS Area
- 2420
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
The Elser is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $579,000 to $1,200,000. Homes were built starting 2022. Pure Equity lists homes in The Elser and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 9
- Under Contract
- 1
- Median List Price
- $850,000
- Median $/Sq Ft
- $1,575
- Avg Days on Market
- 255
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 1518, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 1518, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 398 NE 5th Street 1518, Miami, FL 33132 still available?
- 398 NE 5th Street 1518, Miami, FL 33132 is currently listed as Active, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 398 NE 5th Street 1518, Miami, FL 33132?
- With 20% down ($1,600) on the $8,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1518, Miami, FL 33132 is about $42/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 398 NE 5th Street 1518, Miami, FL 33132?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 398 NE 5th Street 1518, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 398 NE 5th Street 1518, Miami, FL 33132?
- 398 NE 5th Street 1518, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 398 NE 5th Street 1518, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 1518, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of EXP Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 17, 2026.
$8,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Listed by Annie J Montiel, EXP Realty LLC
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