| Unit | Price | MLS# | Beds/Baths | Sq.Ft. | $/Foot | Change | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 3 Bedrooms | ||||||||
| 1909 | $1,876,500 | A11534892 | 3 3/0 | 976 | $1,923 | Feb 21, 2024 | View | |
| 2601 | $1,464,972 | A11288139 | 3 3/ | 1,307 | $1,121 | 1.00% | Oct 14, 2022 | View |
| 3018 | $1,412,134 | A11365345 | 3 3/ | 1,267 | $1,115 | 1.00% | Mar 31, 2023 | View |
| 2618 | $1,402,910 | A11337472 | 3 3/ | 1,267 | $1,107 | 3.37% | Feb 2, 2023 | View |
| 1617 | $1,400,000 | A11526459 | 3 3/0 | 1,040 | $1,346 | Feb 4, 2024 | View | |
| 3901 | $1,400,000 | A11562334 | 3 3/0 | 1,150 | $1,217 | NEW | Apr 3, 2024 | View |
| 2218 | $1,395,943 | A11470298 | 3 3/ | 1,267 | $1,102 | Oct 16, 2023 | View | |
| 1417 | $1,387,000 | A11452652 | 3 3/0 | 1,040 | $1,334 | Sep 13, 2023 | View | |
| 1518 | $1,383,562 | A11470285 | 3 3/ | 1,267 | $1,092 | Oct 16, 2023 | View | |
| 2 Bedrooms | ||||||||
| 3309 | $1,837,527 | A11293941 | 2 2/ | 1,202 | $1,529 | 1.00% | Oct 26, 2022 | View |
| 2209 | $1,814,635 | A11337463 | 2 2/ | 1,202 | $1,510 | 1.70% | Feb 2, 2023 | View |
| 3417 | $1,406,562 | A11311448 | 2 3/ | 1,149 | $1,224 | 27.08% | Dec 5, 2022 | View |
| 2817 | $1,394,076 | A11293997 | 2 3/ | 1,149 | $1,213 | 6.90% | Oct 28, 2022 | View |
| 1 Bedroom | ||||||||
| 2910 | $1,200,000 | A11552727 | 1 1/0 | 509 | $2,358 | Mar 19, 2024 | View | |
| 4310 | $1,160,000 | A11423982 | 1 1/0 | 572 | $2,028 | Jul 24, 2023 | View | |
| 1510 | $1,100,000 | A11545413 | 1 1/0 | 509 | $2,161 | Mar 6, 2024 | View | |
| 4210 | $1,100,000 | A11567766 | 1 1/0 | 509 | $2,161 | NEW | Apr 11, 2024 | View |
| 4415 | $1,083,000 | A11523746 | 1 1/0 | 560 | $1,934 | Jan 30, 2024 | View | |
| 4614 | $1,050,000 | A11530817 | 1 2/0 | 665 | $1,579 | Feb 9, 2024 | View | |
| 1614 | $998,500 | A11452466 | 1 2/0 | 665 | $1,502 | Sep 13, 2023 | View | |
| 1514 | $990,000 | A11460007 | 1 2/0 | 665 | $1,489 | 0.99% | Sep 27, 2023 | View |
| 2915 | $980,000 | A11496767 | 1 1/0 | 560 | $1,750 | Dec 7, 2023 | View | |
| 3815 | $899,000 | A11456237 | 1 1/0 | 641 | $1,402 | 5.37% | Sep 20, 2023 | View |
| 2019 | $899,000 | A11535550 | 1 1/0 | 626 | $1,436 | Feb 20, 2024 | View | |
| 3119 | $895,000 | A11508836 | 1 1/0 | 626 | $1,430 | Jan 19, 2024 | View | |
| 2815 | $890,000 | A11509267 | 1 1/0 | 560 | $1,589 | Jan 5, 2024 | View | |
| 1515 | $890,000 | A11525140 | 1 1/0 | 560 | $1,589 | 1.11% | Feb 4, 2024 | View |
| 1419 | $825,000 | A11554854 | 1 1/0 | 626 | $1,318 | Mar 22, 2024 | View | |
| 2102 | $795,000 | A11509279 | 1 1/0 | 430 | $1,849 | Jan 5, 2024 | View | |
| 2303 | $779,000 | A11524919 | 1 1/0 | 439 | $1,774 | Jan 31, 2024 | View | |
| 2804 | $775,000 | A11501823 | 1 1/0 | 443 | $1,749 | 2.52% | Dec 18, 2023 | View |
| 4708 | $768,000 | A11560922 | 1 1/0 | 430 | $1,786 | NEW | Apr 1, 2024 | View |
| 4006 | $729,800 | A11560900 | 1 1/0 | 443 | $1,647 | NEW | Apr 1, 2024 | View |
| 2206 | $695,000 | A11527880 | 1 1/0 | 443 | $1,569 | Feb 5, 2024 | View | |
| 2316 | $674,000 | R10964281 | 1 1/0 | 362 | $1,862 | 2.32% | Feb 29, 2024 | View |
| Studios | ||||||||
| 2503 | $779,000 | A11505564 | 0 1/0 | 439 | $1,774 | Dec 28, 2023 | View | |
| 3006 | $779,000 | A11516773 | 0 1/0 | 443 | $1,758 | 2.01% | Jan 17, 2024 | View |
| 3904 | $762,139 | A11288834 | 0 1/ | 494 | $1,543 | 2.01% | Oct 14, 2022 | View |
| 3204 | $759,000 | A11530361 | 0 1/0 | 443 | $1,713 | 0.39% | Feb 16, 2024 | View |
| 2904 | $759,000 | A11534588 | 0 1/0 | 443 | $1,713 | 0.39% | Feb 16, 2024 | View |
| 3602 | $755,707 | A11295338 | 0 1/ | 508 | $1,488 | 9.71% | Oct 31, 2022 | View |
| 1804 | $750,000 | A11570671 | 0 1/0 | 494 | $1,518 | NEW | Apr 17, 2024 | View |
| 3202 | $747,132 | A11524739 | 0 1/ | 500 | $1,494 | Jan 31, 2024 | View | |
| 2602 | $745,000 | A11489713 | 0 1/0 | 430 | $1,733 | 1.97% | Nov 21, 2023 | View |
| 2004 | $739,000 | A11528995 | 0 1/0 | 443 | $1,668 | Feb 13, 2024 | View | |
| 1806 | $699,900 | A11526409 | 0 1/0 | 443 | $1,580 | Feb 2, 2024 | View | |
| 1805 | $699,900 | A11539638 | 0 1/0 | 442 | $1,583 | Feb 27, 2024 | View | |
| 4713 | $698,000 | A11440483 | 0 1/0 | 357 | $1,955 | 0.21% | Aug 22, 2023 | View |
| 3813 | $695,000 | A11530883 | 0 1/0 | 357 | $1,947 | Feb 16, 2024 | View | |
| 1504 | $694,500 | A11473399 | 0 1/0 | 443 | $1,568 | 0.34% | Oct 21, 2023 | View |
| 4712 | $679,900 | A11523242 | 0 1/0 | 341 | $1,994 | 2.86% | Jan 30, 2024 | View |
| 4412 | $679,900 | A11523112 | 0 1/0 | 341 | $1,994 | 2.86% | Jan 30, 2024 | View |
| 4613 | $675,000 | A11483159 | 0 1/0 | 357 | $1,891 | 3.43% | Nov 29, 2023 | View |
| 1416 | $640,000 | A11549690 | 0 1/ | 455 | $1,407 | Mar 13, 2024 | View | |
| 1612 | $635,000 | A11455725 | 0 1/0 | 341 | $1,862 | 3.64% | Sep 19, 2023 | View |
| 4105 | $629,000 | A11517187 | 0 1/0 | 442 | $1,423 | 16.02% | Jan 19, 2024 | View |
| 1412 | $628,000 | A11526245 | 0 1/0 | 341 | $1,842 | 1.72% | Feb 2, 2024 | View |
| 4012 | $625,000 | A11543928 | 0 1/0 | 341 | $1,833 | 4.58% | Mar 6, 2024 | View |
| Unit | Price | MLS# | Beds/Baths | Sq.Ft. | $/Foot | Change | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 3 Bedrooms | ||||||||
| 4517 | $15,000 | A11536416 | 3 3/0 | 1,149 | $13 | Feb 21, 2024 | View | |
| 1417 | $12,000 | A11501958 | 3 3/0 | 1,040 | $12 | Dec 16, 2023 | View | |
| 3901 | $10,000 | A11574251 | 3 3/0 | 1,150 | $9 | NEW | Apr 24, 2024 | View |
| 1 Bedroom | ||||||||
| 3110 | $7,800 | A11547627 | 1 1/0 | 509 | $15 | Mar 9, 2024 | View | |
| 1614 | $5,800 | A11501959 | 1 2/0 | 665 | $9 | Dec 16, 2023 | View | |
| 2910 | $5,500 | A11552732 | 1 1/0 | 509 | $11 | Mar 19, 2024 | View | |
| 1705 | $5,500 | A11557049 | 1 1/0 | 442 | $12 | NEW | Mar 28, 2024 | View |
| 2405 | $5,000 | A11537170 | 1 1/0 | 442 | $11 | Feb 29, 2024 | View | |
| 2804 | $4,995 | A11501827 | 1 1/0 | 443 | $11 | Dec 18, 2023 | View | |
| 3107 | $4,500 | A11574635 | 1 1/0 | 442 | $10 | NEW | Apr 23, 2024 | View |
| 4210 | $4,300 | A11567903 | 1 1/0 | 509 | $8 | NEW | Apr 12, 2024 | View |
| 3708 | $3,850 | A11528965 | 1 1/0 | 430 | $9 | 6.10% | Feb 7, 2024 | View |
| Studios | ||||||||
| 3008 | $5,200 | A11576439 | 0 1/0 | 443 | $12 | NEW | Apr 26, 2024 | View |
| 4203 | $4,500 | A11440900 | 0 1/0 | 439 | $10 | Aug 23, 2023 | View | |
| 2406 | $4,200 | A11526447 | 0 1/0 | 443 | $9 | 6.67% | Feb 2, 2024 | View |
| 1412 | $3,500 | A11527770 | 0 1/0 | 341 | $10 | Feb 5, 2024 | View | |
| Unit | Price | MLS# | Beds/Baths | Sq.Ft. | $/Foot | Change | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 1 Bedroom | ||||||||
| 3410 | $995,000 | A11423424 | 1 1/0 | 572 | $1,740 | 3.65% | Jul 24, 2023 | View |
| General Information | |
| Total residences in the building | 646 |
| Number of Stories | 49 |
| Year Built | 2023 |
| Average Maintenance Cost | $1.38 Per Square Foot |
| Pets Allowed | NO |
| Valet Service | NO |
| Oceanview From The Building | YES |
| Currently Available For Sale and Rent | |
| Total residences for sale | 58 |
| Total residences for rent | 16 |
| Average price per square foot | 1622 |
| Maximum price per square foot | 2358 |
| Minimum price per square foot | 1092 |
| Sold Units Statistics | |
| Average price per square foot | 1598 |
| Maximum price per square foot | 1807 |
| Minimum price per square foot | 1389 |
| Number Of Units Sold | |
| Number of Units sold in 2024 | 2 |
| Average price per square foot paid | |
| Average price per square foot paid in 2024 | 1598 |
The Elser Hotel & Residences is a 49-story luxury tower that stands out from the surrounding buildings. The project has been implemented with a full range of modern services and amenities, according to the concept of "everything at your fingertips".
The building is located on the first coastline while benefiting from a prime location in the heart of the city. There are very few condominiums like this in Miami, but none of them offer apartments priced from only $650,000.
Unparalleled panoramic views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline are unrivaled, as there are and will be no high-rise structures in front or to the sides of the building. Add to that immediate check-in, short-term rental permits, on-site hospitality management to ensure a comfortable stay, and the choice for your Miami investment is an easy decision.
Also, it is worth noting that “Miami Heat” players, including Tyler Herro, Kyle Lowry, and Duncan Robinson, have chosen The Elser Hotel & Residences as their preferred destination.
Address: 398 NE 5th St, Miami, FL 33132, USA
Status: Built
Completion: 2023
The team behind The Elser Residences is quite impressive:
Developers: Property Markets Group (PMG) & Greybrook Partners
Property Markets Group (PMG) and Greybrook Partners have a proven record of delivering luxury real estate projects. Their collaboration highlights a commitment to creating high-quality, luxurious living spaces that cater to the modern lifestyle
Property Markets Group (PMG) is a national full-service real estate development firm founded in 1991. PMG has led the acquisition, financing, development, construction, and marketing of 85 residential buildings and more than 150 real estate projects.
Greybrook is a leading Toronto-based private equity firm with a core focus on real estate development. They have invested equity in over 100 residential and commercial real estate projects with an estimated completion value exceeding $35 billion.
Architects: Sieger Suarez Architects
Sieger Suarez Architects is a Miami-based firm specializing in the diversified field of luxury high-rise residential design and development. They have designed over US $10 billion worth of residential real estate properties. The firm is known for its innovation of the “floor through/see-through” unit design, one of the most successful design concepts in the high-rise residential market.
They are the architectural brains behind The Elser Hotel & Residences. Their innovative design approach has resulted in a 49-story tower that not only offers stunning views of Biscayne Bay but also seamlessly blends luxury with comfort.
Interior Design: Cotofana Designs
Cotofana Designs is a Miami-based interior design firm that provides a range of services. They are responsible for the interior design of The Elser Hotel & Residences and have curated a relaxing coastal chic décor that complements the architectural brilliance of the building.
Their hand-selected interior design and décor have transformed the residences into luxurious living spaces that offer residents a taste of Florida's unique style. Cotofana Designs' work displays its ability to create interiors that are not only aesthetically pleasing but also functional and comfortable.
This collaboration has resulted in a luxurious hotel and residences that offer a dynamic lifestyle at the center of Downtown Miami.
The Elser Residences Miami is a 49-story tower located in the heart of downtown Miami. This luxurious establishment offers 646 residences, each designed with modern aesthetics and comfort in mind.
Immediate Check-In and Short-Term Rentals
We offer immediate check-in for our guests and allow short-term rentals. Our on-site hospitality management ensures a seamless and enjoyable stay.
Modern Lobby and Concierge
The modern residential lobby is staffed with a 24-hour concierge, ready to assist with any needs.
Eco-Friendly Features
The Elser supports green initiatives with electric vehicle charging stations available for use.
Smart Construction Technologies
The building incorporates the latest smart construction technologies.
Elevator with Destination Control
Elevators are equipped with destination control for efficient travel within the building.
Smart Lockers and Package Delivery
We offer smart lockers for packages and have a dedicated app that connects residents with concierge services and building amenities. The app features include digital key access, guest access, parcel delivery, and messages from management.
Laundry Services
For convenience, we provide lockers for dry cleaning and laundry.
Controlled Access and Valet Parking
The building features controlled access entry points everywhere for added security and offers valet parking for all our residents and guests.
The Elser Residences offers a variety of residences, ranging from cozy studios to spacious three-bedroom units, with nineteen units on every floor. The square footage of these residences spans from 455 to 1,533 square feet, with the prices $650,000 - $1,840,000.
Here are specific layouts:
Residence 01: 3 bedrooms, 3 bathrooms, 1,533 sq. ft
Residence 02 - 08, 15, 16: Junior Suite, 1 bathroom, ranging from 455 to 703 sq. ft
Residence 09: 3 bedrooms, 3 bathrooms, 1,429 sq. ft (floors 14-20); 2 bedrooms, 2 bathrooms, 1,429 sq. ft (floors 20-47)
Residence 10: 1 bedroom, 1 bathroom, 688 sq. ft
Residence 11: 2 bedrooms, 2 bathrooms, 1,202 sq. ft
Residence 12, 13: Studio, 1 bathroom, ranging from 459 to 472 sq. ft
Residence 14: 1 bedroom, 2 bathrooms, 851 sq. ft
Residence 17: 3 bedrooms, 3 bathrooms, 1,254 sq. ft (floors 14-20); 2 bedrooms, 3 bathrooms, 1,254 sq. ft (floors 20-47)
Residence 18: 3 bedrooms, 3 bathrooms, 1,491 sq. ft
Residence 19: 1 bedroom, 1 bathroom, 769 sq. ft
The residences are fully furnished and finished, ready for the owners to move in. They feature 9-foot-2-inch ceiling heights with floor-to-ceiling windows throughout. Each residence comes with a balcony that provides stunning views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline.
• The residences feature porcelain wood grain tile floors throughout adding a touch of elegance and warmth to the space
• Select residences come with a built-in full-size washer and dryer, adding to the convenience
• The residences are equipped with an Ecobee smart thermostat, feature smart keyless entry
• Kitchens in the residences are custom Italian designed, equipped with quartz countertops and Frigidaire stainless steel appliances including microwave, dishwasher, freestanding range oven, and refrigerator
• The residences come with glass-enclosed showers and Italian custom-made vanities and bathroom fixtures from Italkraft
• All residences have fully built-in California-style closets. And pre-wired for high-speed communications, multiple phone lines, and cable
All these features are designed to provide residents with a comfortable and luxurious living experience.
The Elser Residences Condo offers a wide range of services and amenities that cater to the needs and desires of its residents and guests:
- Lobby with Cocktail Bar and Restaurant by Jaguar Sun providing a relaxing space for residents and guests
- The Elser Tower boasts a convenient double-height terrace spanning over 19,000 square feet with views of Downtown Miami and Biscayne Bay
- Curated Art and Green Walls in all common areas, adding to the aesthetic appeal
- Elser Residences features a 132-foot resort-style pool with separate lounge areas, and a 16-foot LED poolside screening wall, providing residents with a unique outdoor experience
- Lawn with Theater for providing a venue for various events and activities
- Sky Entertainment Lounge and Grill Terrace with eight grills
- Large Swim Spa with adjustable temperature
- Owner’s Lounge with Catering Kitchen
- Two-level co-working Lab featuring conference rooms
- Coffee Lounge by Cafe Domino offering a unique experience for coffee lovers
- Two-level modern Gym and Fitness Studio providing residents and guests with a variety of fitness classes and social events
- Spacious Outdoor Yoga Area offers a serene space for relaxation and meditation
- Sauna: After a workout, residents can unwind in the sauna
- Free Wi-Fi in Public Areas
- Private parking for the convenience of its residents and guests
These amenities and services are designed to provide a comfortable, and enjoyable stay for all residents and guests at The Elser Hotel & Residences.
The Elser Miami is located in the same vibrant location with shimmering views of Biscayne Bay enjoyed at the Elser Pier in the early 1900s. This idyllic downtown location helps the building be within walking distance of Bayside Market, American Airlines Arena, and Bayfront Park. These are the main places for shopping, entertainment, and recreation in Miami.
This means condominium residents can immediately experience a vibrant and dynamic lifestyle, with access to a variety of well-appointed amenities, and world-class entertainment, arts, and dining options. At the same time, it only takes 15 minutes. by car to get to Miami International Airport and the same distance to the ocean beach of South Beach.
These advantages make The Elser a unique property in Miami that middle-income families and above can afford. Whether a resident or visitor, you will enjoy the vibrant energy of Downtown Miami and the luxurious amenities of The Elser Hotel & Residences!
