The Elser Residences

The Elser Hotel & Residences is a striking residential and hospitality development located in the heart of Downtown Miami at 398 NE 5th Street, Miami, FL. Rising 47 stories, this contemporary tower has become one of the newest landmarks on the city’s skyline, seamlessly combining modern design, hotel-style services, and a prime urban location ideal for both residents and investors.

The project was developed by Property Markets Group (PMG) in partnership with Greybrook Realty Partners and designed by the renowned firm Sieger Suarez Architects. The building delivers more than 650 fully finished residences, offering layouts ranging from studios to three-bedroom units, with sizes approximately 341 to 1,150 square feet. Pricing starts from around $428,000, positioning The Elser as an attractive entry point into Downtown Miami’s luxury real estate market.

Residences feature floor-to-ceiling windows, open-concept layouts, contemporary finishes, and private balconies that showcase expansive views of the Miami skyline, Biscayne Bay, and the surrounding urban landscape. Being delivered turnkey, the homes allow owners to enjoy immediate use or efficiently implement rental strategies.

A key highlight of The Elser is its robust amenity offering. Residents enjoy an expansive approximately 19,000-square-foot amenity deck with a resort-style swimming pool, lounge areas, outdoor dining spaces, and private gathering zones. Additional amenities include a state-of-the-art fitness and wellness center, coworking spaces with meeting rooms, social and entertainment lounges, a sky lounge, and on-site hospitality services such as concierge and professional management.

Located just steps from Miami Worldcenter, Bayfront Park, cultural venues, dining, entertainment, and major transportation hubs, The Elser Hotel & Residences offers a compelling blend of lifestyle, flexibility, and long-term value in one of Miami’s most dynamic and rapidly evolving districts.