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Completed (2022)
The Elser Hotel & Residences
398 NE 5th Street · Miami · Downtown Miami
A 49-story downtown Miami condo-hotel with 646 furnished residences from studios to three bedrooms, opened in 2022.
Updated · facts from the public sources cited at the bottom of this page
The Elser Hotel & Residences at a glance
- Status
- Completed (2022)
- Opened November 17, 2022
- Pricing
- On request
- Not published in the sources we reviewed
- Residences
- 646
- Studios to 3 bedrooms · 49 stories
- Completed
- 2022
- Condo-hotel
Overview
What is The Elser Hotel & Residences?
The Elser Hotel & Residences is a 49-story condo-hotel at 398 NE 5th Street in downtown Miami with 646 fully furnished residences ranging from studios to three-bedroom suites.
Developed by Property Markets Group and Greybrook Realty Partners and designed by Sieger Suarez Architects, it officially opened on November 17, 2022.
- Developer
- Property Markets Group (PMG) and Greybrook Realty Partners
- Architect
- Sieger Suarez Architects
Status & Completion
The Elser Hotel & Residences status & completion
The Elser Hotel & Residences is a completed building. Latest report: Opened November 17, 2022. Completion: 2022.
Pre-Construction
Sales and permitting before vertical work.
Construction
The building rises on site.
Completed
Certificate of occupancy and closings.
Construction and delivery dates are estimates from public reports and are subject to change; confirm the current schedule in the developer's documents.
Residences & Floor Plans
The Elser Hotel & Residences residences & floor plans
Floor plans and current availability at The Elser Hotel & Residences change as owners list and sell. Rather than show outdated inventory, we can connect you with a licensed local agent who can send current listings, plans and recent sales.
The Elser Hotel & Residences specifications
- Residences
- 646
- Stories
- 49
- Bedrooms
- Studios to 3 bedrooms
- Interior sizes
- Request details
- Building type
- Condo-hotel
Units for Sale
Current resale listings, plus off-market opportunities when available.
See what is available →Recent Sales
Closed prices to judge value before you make an offer.
Get recent sales →Figures are from the public sources listed at the bottom of this page; where sources disagree, the range is shown. "Request details" means the figure is not confirmed publicly.
Location
The Elser Hotel & Residences location
The Elser Hotel & Residences is located at 398 NE 5th St, Miami, FL 33132, in Downtown Miami, Miami-Dade County.
Address398 NE 5th St, Miami, FL 33132
NeighborhoodDowntown Miami
CityMiami
CountyMiami-Dade County
Graphic is illustrative only and not a map of the actual site.
Pricing
The Elser Hotel & Residences pricing
Resale asking prices at The Elser Hotel & Residences change constantly, and we could not verify a reliable public price range. Request current listings and recent closed sales for an accurate picture.
Exact pricing depends on the residence, floor, view and timing.
See Units for Sale & Pricing
Buyer Guide
Buying a resale at The Elser Hotel & Residences?
Buying a resale at The Elser Hotel & Residences?
Know who works for whom.
Listing agents represent the seller. Buyers can have their own licensed agent, and should review the association documents before making an offer.
01
Your Own Representation
A listing agent works for the seller. You can bring your own licensed buyer's agent — ask us to connect you with one.
02
Building Due Diligence
Association documents, budgets, reserves and assessments are worth reviewing before you commit.
03
Side-by-Side Comparisons
See how The Elser Hotel & Residences compares with other South Florida buildings on this page.
Compare
CompletedImage: Newgard Development Group
CompletedRendering: astonmartinresidences.com
Under ConstructionRendering: Related Group
Under ConstructionRendering: Swire Properties
Pre-ConstructionRendering: JDS Development Group
Pre-ConstructionRendering: orabycasatua.com
Compare nearby developments
Other new developments in Miami. Compare The Elser Hotel & Residences with any of them.
CompletedImage: Newgard Development Group
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CompletedRendering: astonmartinresidences.com
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Aston Martin Residences
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Completed 2024
Under ConstructionRendering: Related Group
Miami-Dade
Baccarat Residences Miami
Miami · Brickell (Miami River)
Est. delivery Early 2028
Under ConstructionRendering: Swire Properties
Miami-Dade
The Residences at Mandarin Oriental, Miami
Miami · Brickell Key
Est. delivery 2030
Pre-ConstructionRendering: JDS Development Group
Miami-Dade
888 Brickell by Dolce & Gabbana
Miami · Brickell
Est. delivery 2029
Pre-ConstructionRendering: orabycasatua.com
Miami-Dade
ORA by Casa Tua
Miami · Brickell
Est. delivery 2030
All Miami new developments · All Miami-Dade County new developments
FAQ
The Elser Hotel & Residences FAQ
Answers to common questions about The Elser Hotel & Residences in Miami.
Get Updates by EmailWhat is The Elser Hotel & Residences?
The Elser is a 49-story condo-hotel at 398 NE 5th Street in downtown Miami with 646 fully furnished residences ranging from studios to three-bedroom suites.
Where is The Elser located?
The address is 398 NE 5th Street, Miami, FL 33132, in downtown Miami.
Who developed The Elser Hotel & Residences?
The Elser was developed by Property Markets Group (PMG) and Greybrook Realty Partners and designed by Sieger Suarez Architects.
When did The Elser open?
The Elser officially opened on November 17, 2022.
What unit types are available at The Elser?
Residences range from studios to three bedrooms, and all are fully furnished. Ask for the floor plan of any specific listing.
How much do condos at The Elser cost?
Units are resold by individual owners, so prices vary by size, floor and view. request current pricing and recent sales.
Can I buy at The Elser with my own agent?
Yes. South Florida Real Estate Voice is an independent publication, not affiliated with the developer; if you would like, we can connect you with a licensed local agent. Register with your own agent before you tour units or contact a listing agent so your representation is in place from the first conversation.
Email Updates
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