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The Elser Hotel & Residences

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398 NE 5th Street, Miami, FL 33132

The Elser Hotel & Residences image #1
Sale
56
Rent
23
PRICE
$489,000+
SQ FT
341-1,761
UNITS
646
STORIES
49
BUILT
2022

About

The Elser Hotel & Residences

The Elser: Short-term rental opportunity crafted to afford top views, stellar amenities, and a rich, cosmopolitan lifestyle in Downtown Miami

The Elser Residences & Hotel is Downtown Miami’s first bayfront condo tower to feature no rental restrictions. Co-developed by PMG and Greybrook Partners, this luxury high-rise offers complete rental flexibility, giving you the freedom to rent on a daily basis via sites like Airbnb or through the in-house services of Pinnacle Property Management and the Society Owners Program.

Designed by the internationally renowned Sieger Suarez Architects, The Elser Miami is a 49-story tower with 646 turnkey residences. Each fully-furnished residence features interiors by Cotofana Designs, 9+ foot ceilings, balconies overlooking stunning bay and/or city views, cabinetry by Italkraft with quartz countertops, Frigidaire appliances, porcelain wood-grain flooring, and smart-home technology.

Highlight amenities include a cocktail bar and restaurant by Jaguar Sun, a coffee lounge by Café Domino, a 132-foot pool and deck with private lounge areas, a 16-foot poolside screening LED wall, a two-level wellness center with an expansive outdoor yoga deck, a temperature-controlled oversized swim spa, a lawn with a theater, a sky entertainment lounge, a two-level co-working center.

Living next door to the new Waldorf Astoria Residences (by the same developers) and across from the Kaseya Center (formerly FTX Arena), you will be in the heart of Downtown Miami. You can walk to the sprawling Bayfront Park, the Bayside Marketplace and Marina, the Perez Art Museum, the Frost Museum of Science, a Whole Foods, and great shopping at the newly renovated Flagler Street, as well as multiple Metromover stations. By car, business at Brickell is 10 minutes, art at Wynwood is 15 minutes, vacay-friendly South Beach is 15 minutes, and the Miami International Airport is 20 minutes away.

The Elser Miami Residential Features

  • Fully-furnished studios, 1, 2, and 3-bedroom residences:

         - Atelier Collection (Floors 14-20)

         - Bohème Collection (Floors 21-36)

         - Haute Collection (Floors 37-46)

         - Penthouses (Floor 47)

  • 9’2” ceiling height with floor-to-ceiling windows
  • Balconies with stunning views of Biscayne Bay and the Miami city skyline
  • Porcelain wood-grain tile flooring throughout
  • Built-in full-size washer and dryer (in select residences)
  • Ecobee smart thermostat
  • Smart keyless entry
  • Pre-wiring for high-speed communications, multiple telephone lines, and cable
  • Custom kitchen cabinetry by Italian design house Italkraft
  • Quartz kitchen counters
  • Frigidaire stainless-steel appliances including microwave, dishwasher, freestanding range oven, and refrigerator
  • Frameless glass-enclosed showers
  • Custom Italian vanities by Italkraft
  • Modern matte black kitchen and bathroom fixtures
  • Fully built-out California-style closets

The Elser Miami Building Features

  • Lobby with cocktail bar and restaurant by Jaguar Sun
  • Over 19,000 square-foot double-height amenity deck overlooking Downtown Miami and Biscayne Bay
  • Curated art and green walls throughout all common areas
  • 132-foot resort-style pool with private lounge areas
  • 16-foot poolside screening LED wall
  • Lawn with theater
  • Sky entertainment lounge & grilling terrace featuring eight grills
  • Temperature-controlled oversized swim spa
  • Owner’s lounge with catering kitchen
  • Two-level co-working lab featuring 11 reservable conference rooms
  • Coffee lounge by Cafe Domino
  • Complimentary WiFi in common areas

Wellness & Fitness

  • Two-level modern gym & fitness studio
  • Fitness classes & community events
  • Expansive outdoor yoga deck
  • Sauna
  • Modern residential lobby with 24/7 concierge
  • Electric vehicle charging stations
  • Latest smart building technology
  • Destination-controlled elevator dispatch
  • Smart package lockers
  • Custom The Elser Residences app, linking residents to concierge services and building amenities such as digital key, guest access, payments, package deliveries and messages from management
  • Dry cleaning & laundry service lockers
  • Access-controlled entry points throughout
  • Valet parking

Key Building Details

Architect
Sieger Suarez Architects
Developer
PMG, Greybrook
Interior Designer
Cotofana Designs
Neighborhood
Avg Price / Sq Ft
$1,411
Avg Assoc Fee
$1.43 / sq ft / month
CBB Rank
5/5help popup
Pets
Pets OK for Owners & Renters, Large Pets Allowed

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Building Amenities

Pool / Spa
Pool / Spa
Heated Pool, Spa / Hot Tub, Sauna
Sport / Fitness
Sport / Fitness
Exercise Room, Pool
Parking
Parking
Garage, Valet
General Amenities
General Amenities
Bar, Picnic Area, Business Center, Elevator
Waterfront
Waterfront
No

Additional details

Avg Price / Sq Ft
$1,411
Unit Conveniences
Central Cooling, Central Heat, Dishwasher, Electric Heat, Washer/Dryer
Maintenance Includes
N/A
Type of Association
N/A
Style
Condo, Condo 5+ Stories, Condo-Hotel
Transit Score ®
Bike Score ®

Available Condos at The Elser Hotel & Residences

There are currently no units listed for sale in the MLS
for price list and members-only developer specials

The Elser Hotel & Residences floorplans

The Elser Hotel & Residences floorplans
Apt#
01
02
03
04
05
06
07
08
Model
Residence 01
Residence 02
Residence 03
Residence 04
Residence 05
Residence 06
Residence 07
Residence 08
Bed / Baths
3 / 3
Studio / 1
Studio / 1
Studio / 1
Studio / 1
Studio / 1
Studio / 1
1 / 1
Floors
14 - 47
14 - 47
14 - 47
14 - 47
14 - 47
14 - 47
14 - 47
14 - 47
Interior + Ext (Sq Ft)
1,307 + 226
430 + 41
439 + 41
443 + 41
442 + 40
443 + 40
442 + 41
430 + 39

The Elser Hotel & Residences building stats

Inventory
Condos for Sale and for Rent
646
Total Condos
54 Condos for Sale
8% of building
23 Condos for Rent
4% of building
12%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$943,374

AVG LIST PRICE / SQ FT

$1,411

AVG SALE PRICE

$627,143*

*past six months

AVG SALE PRICE/ SQ FT

$1,043*

*past six months

155*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

October 2026
1
September 2026
1
August 2026
2
July 2026
0
June 2026
1
May 2026
1

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