Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white
×

Select Language

The Elser – Luxury Living in Miami
Lisa Griffin

19 JUN

Communities

The Elser – Luxury Living in Miami

The Elser Hotel & Residences: Urban Living, Elevated

Rising 49 stories at 398 NE 5th Street in Miami Real Estate, the Elser is more than a building, it’s a tribute to Miami’s past and a bold step into its future. Named after the historic Elser Pier, this luxury high-rise combines hotel-style service with full condo ownership, and yes, it welcomes short-term rentals, thanks to a flexible lease policy.

Homes That Work Hardand Live Easy

From fully-furnished studios to 3-bed residences, each space comes complete with smart-home tech, sleek porcelain wood-look floors, and Italian Italkraft kitchens. Many units boast balconies with sweeping Biscayne Bay or city views, all thoughtfully designed for comfort and style.

Amenities That Match Your Lifestyle

The Elser’s amenity floor—not just a pool area—is a full-blown social hub:

  • 132-foot pool & spa with bayfront lounge space and private cabanas
  • 19,000-square-foot double-height deck, complete with lawn, sky lounge, grills, and LED screening wall for movie nights
  • Two-story fitness studio, yoga deck, and sauna
  • Co-working lab with reservable conference rooms
  • Coffee bar, cocktail lounge, valet, EV charging, and even hotel management servicing residence owners

Downtown Address = Instant Access

Located within walking distance of Bayside Marketplace, Bayfront Park, the FTX Arena, the Perez Art Museum, and even the new Waldorf Astoria tower, it’s urban life at its finest. With a Walk Score of 96, everything you need, groceries, galleries, nightlife, really is right outside your door.

Investment Savvy & Turnkey Living

The Elser’s developer pivoted from apartments to fully-sold condos amid a wave of demand, especially from buyers keen on short-term rental flexibility. Sales reportedly reached $80 million within months of launch, and with units starting at about $600K, it’s attracting both locals and Latin American investors.

Real Resident & Guest Insights

Visitors and residents love the Elser’s blend of luxury and warmth:

“One of the best luxury hotels I’ve ever stayed at in Miami!”
“Wow, what a nice hotel… modern and clean with great views.”

Guests highlight the killer gym, attentive staff, and breezy bay views, though some reviews note minor quirks, like occasional pet odors in hotel units.

Final Take

The Elser isn’t just a place to live—it’s a lifestyle statement. Whether you’re:

  • A full-time Downtown professional,
  • A global investor seeking rooftop returns,
  • Or someone craving both hotel-style service and condo ownership—

…this tower has it all: style, flexibility, waterfront vibes, and connectivity.

 

Back to Palm Beach Blog
OPEN HOUSE

View All Open Houses


Your Soulmate in Real Estate™

Looking for a Perfect Community to live?

Take our step by step quiz to find a best matching community for you*.

* Patent Pending