The Elser

Originally started as an apartment tower,The Elser Residences & Hotel is now Downtown Miami’s first Bayfront condo tower to feature no rental restrictions.

Unit Type

Studio, 1, 2 & 3 Bedroom Residences

Starting Price

$619,000 -​ 1,876,500

Build Size

From 450 Sqft to 1200 Sqft

Condition

Completed in 2022

Co-developed by PMG and Greybrook Partners, owners at this luxury high-rise have complete rental flexibility – giving them 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 will feature 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, smart-home technology, and more. Highlight amenities include a cocktail bar and restaurant by Jaguar Sun, a 16-foot poolside screening LED wall, a 132-foot pool and deck with private lounge areas, a two-level wellness center with expansive outdoor yoga deck, a temperature-controlled oversized swim spa, a lawn with theater, a sky entertainment lounge, two-level co-working center, a Café Domino, and more.

Features

  • Parking

    Yes, Garage, Covered, Valet

  • Pool/Spa

    Pool, Heated Pool, Sauna, Spa / Hot Tub

  • General Amenities

    Bar, Picnic Area, Business Center, Club Room, Elevator

  • Sport/Fitness

    Exercise Room

  • Waterfront

    No

Location

398 NE 5th St, Miami, FL 33132, United States

  • Next door to the new Waldorf Astoria Residences (by the same developers) and across from the FTX Arena, residents will find themselves in the heart of Downtown Miami. Living at The Elser, you can walk to the sprawling Bayfront Park, Bayside Marketplace and Marina, the Perez Art Museum, Frost Museum of Science, a Whole Foods, great shopping at the newly renovated Flagler Street, and 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.

    • 132-Foot Resort Style Pool with private lounge areas

    • 16 ft Poolside Screening LED Wall

    • Coffee Lounge by Cafe Domino®

    • Complimentary wifi in common areas

    • Curated art and green walls throughout all common areas

    • Lawn with Theate

    • Lobby with Cocktail Bar and Restaurant by Jaguar Sun®

    • Over 19,000 square foot double height amenity deck overlooking Downtown Miami and Biscayne Bay

    • Owners Lounge with catering kitchen

    • Sky Entertainment Lounge & Grilling Terrace featuring eight grills

    • Temperature Controlled Oversized Swim Spa

    • Two-level Coworking Lab featuring 11 reserverable conference rooms

  • Greybrook is a leading Toronto-based real estate private equity firm focused on investments in residential development and value-add assets. The firm offers investors the unique opportunity to partner with leading North American real estate developers and share in value creation activities. Greybrook, through its affiliates, has invested over $1.8 billion of equity in more than 90 real estate projects across Canada and the United States. In aggregate, its real estate investment portfolio is expected to result in the development of over 50 million square feet of residential and commercial density, with an estimated completion value of $20 billion.

 

Contact us.

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