The Elser Hotel & Residences Condos — Downtown Miami

398 NE 5th St, Miami, FL 33132 · Miami

57 for sale24 for rent$489K – $2.0M$1,411 / sqft median

About The Elser Hotel & Residences

Downtown's flexible-ownership flagship, The Elser is a 49-story tower across from Bayfront Park, delivered in 2023, whose fully furnished residences carry no rental restrictions — owners can live full-time, lease annually, or place units in the on-site hotel program and short-term-rental market as they wish.

Today 57 units are on the market, priced from $489K up to $2.0M (a median $1,411 per square foot). By size: 8 studios from $489K, 29 one-bedrooms from $499K, 9 two-bedrooms from $1.1M, 10 three-bedrooms from $1.2M and 1 four-bedroom-plus from $2.0M. For renters, 24 units are available on annual leases from $2,650 to $9,500 a month.

The Elser Hotel & Residences Building Facts

The Building

Address
398 NE 5th St, Miami, FL 33132
Neighborhood
Downtown Miami
City
Miami, FL 33132
County
Miami-Dade County
Year built
2023
Stories
49
Bedrooms
Studio – 4 bedrooms
Bathrooms
1 – 4 baths
Developer
Property Markets Group · Greybrook
Architect
Sieger Suarez

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

Floor Plans & Residences at The Elser Hotel & Residences

Residence configurations observed across current and recent The Elser Hotel & Residences listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
Studio / 1 Bath341–455 sqft85$489K – $720K$1,618
1 Bed / 1 Bath430–626 sqft284$499K – $1.1M$1,497
1 Bed / 2 Bath665 sqft13$959K$1,442
2 Bed / 2 Bath810–983 sqft61$1.3M – $1.6M$1,654
2 Bed / 3 Bath1,043 sqft32$1.1M – $1.3M$1,141
3 Bed / 3 Bath976–2,301 sqft109$1.2M – $1.6M$1,243

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

The Elser Hotel & Residences Listings

The Elser Hotel & Residences Condos for Sale

398 NE 5th St # 3718-3719, Miami, FL 33132
Newly Listed

Condo for Sale

$1,999,000

4 bd · 4 ba · 1,761 sqft

398 NE 5th St # 3718-3719, Miami, FL 33132

Listed today

THE ELSER CONDO

398 NE 5th St # 4701, Miami, FL 33132
106 Days on Market

Condo for Sale

$1,650,000

3 bd · 3 ba · 1,150 sqft

398 NE 5th St # 4701, Miami, FL 33132

106 days on market

The Elser

398 NE 5th St # 3209, Miami, FL 33132
578 Days on Market

Condo for Sale

$1,629,000

2 bd · 2 ba · 983 sqft

398 NE 5th St # 3209, Miami, FL 33132

578 days on market

The Elser

398 NE 5th St # 2418, Miami, FL 33132
187 Days on Market

Home for Sale

$1,600,000

3 bd · 3 ba · 1,135 sqft

398 NE 5th St # 2418, Miami, FL 33132

187 days on market

The Elser

398 NE 5th Street # 4618, Miami, FL 33132
202 Days on Market

Condo for Sale

$1,599,000

3 bd · 3 ba · 1,135 sqft

398 NE 5th Street # 4618, Miami, FL 33132

202 days on market

398 NE 5th St # 3318, Miami, FL 33132
88 Days on Market

Condo for Sale

$1,450,000

3 bd · 3 ba · 1,135 sqft

398 NE 5th St # 3318, Miami, FL 33132

88 days on market

The Elser Residences

398 NE 5th St # 1811, Miami, FL 33132
205 Days on Market

Condo for Sale

$1,449,000

2 bd · 2 ba · 818 sqft

398 NE 5th St # 1811, Miami, FL 33132

205 days on market

The Elser Residence

398 NE 5th St # 3711, Miami, FL 33132
49 Days on Market

Condo for Sale

$1,379,000

2 bd · 2 ba · 818 sqft

398 NE 5th St # 3711, Miami, FL 33132

49 days on market

The Elser

398 NE 5th St # 3618, Miami, FL 33132
205 Days on Market

Condo for Sale

$1,379,000

3 bd · 3 ba · 1,135 sqft

398 NE 5th St # 3618, Miami, FL 33132

205 days on market

The Elser Residences

398 NE 5th St # 1417, Miami, FL 33132
770 Days on Market

Condo for Sale

$1,338,000

3 bd · 3 ba · 1,040 sqft

398 NE 5th St # 1417, Miami, FL 33132

770 days on market

The Elser Hotel

398 NE 5th St # 3811, Miami, FL 33132
227 Days on Market

Condo for Sale

$1,335,000

2 bd · 2 ba · 818 sqft

398 NE 5th St # 3811, Miami, FL 33132

227 days on market

The Elser Hotel

398 NE 5th St # 1911, Miami, FL 33132
23 Days on Market

Condo for Sale

$1,300,000

2 bd · 2 ba · 810 sqft

398 NE 5th St # 1911, Miami, FL 33132

23 days on market

The Elser

Listing
Newly Listed

Condo for Sale

$1,300,000

3 bd · 3 ba · 1,150 sqft

Listed today

Elser Condo

398 NE 5th St # 1711, Miami, FL 33132
Newly Listed

Condo for Sale

$1,299,000

2 bd · 2 ba · 825 sqft

398 NE 5th St # 1711, Miami, FL 33132

Listed today

The Elser

398 NE 5th St # 3017, Miami, FL 33132
324 Days on Market

Condo for Sale

$1,299,000

2 bd · 3 ba · 1,043 sqft

398 NE 5th St # 3017, Miami, FL 33132

324 days on market

Elser

398 NE 5TH # 4118, Miami, FL 33132
17 Days on Market

Condo for Sale

$1,299,000

3 bd · 3 ba · 1,135 sqft

398 NE 5TH # 4118, Miami, FL 33132

17 days on market

The Elser Residences

398 NE 5th St # 2118, Miami, FL 33132
26 Days on Market

Condo for Sale

$1,225,000

3 bd · 3 ba · 1,135 sqft

398 NE 5th St # 2118, Miami, FL 33132

26 days on market

Elser

398 NE 5th St # 1601, Miami, FL 33132
Newly Listed

Condo for Sale

$1,200,000

3 bd · 3 ba · 1,150 sqft

398 NE 5th St # 1601, Miami, FL 33132

1 day on market

The Elser

398 NE 5th St # 4417, Miami, FL 33132
430 Days on Market

Condo for Sale

$1,180,000

2 bd · 3 ba · 1,043 sqft

398 NE 5th St # 4417, Miami, FL 33132

430 days on market

ELSER

398 NE 5th St # 4719, Miami, FL 33132
63 Days on Market

Condo for Sale

$1,139,000

1 bd · 1 ba · 626 sqft

398 NE 5th St # 4719, Miami, FL 33132

63 days on market

The Elser Residences

398 NE 5th Street # 2017, Miami, FL 33132
248 Days on Market

Condo for Sale

$1,090,000

2 bd · 3 ba · 1,043 sqft

398 NE 5th Street # 2017, Miami, FL 33132

248 days on market

The Elser

398 NE 5th St # 1510, Miami, FL 33132
587 Days on Market

Condo for Sale

$1,050,000

1 bd · 1 ba · 509 sqft

398 NE 5th St # 1510, Miami, FL 33132

587 days on market

The Elser

398 NE 5th St # 2910, Miami, FL 33132
514 Days on Market

Condo for Sale

$1,050,000

1 bd · 1 ba · 509 sqft

398 NE 5th St # 2910, Miami, FL 33132

514 days on market

THE ELSER

398 NE 5th St # 1614, Miami, FL 33132
997 Days on Market

Condo for Sale

$958,800

1 bd · 2 ba · 665 sqft

398 NE 5th St # 1614, Miami, FL 33132

997 days on market

The Elser Hotel

398 NE 5th St # 2119, Miami, FL 33132
423 Days on Market

Condo for Sale

$930,000

1 bd · 1 ba · 626 sqft

398 NE 5th St # 2119, Miami, FL 33132

423 days on market

The Elser

398 NE 5th St # 4210, Miami, FL 33132
69 Days on Market

Condo for Sale

$890,000

1 bd · 1 ba · 509 sqft

398 NE 5th St # 4210, Miami, FL 33132

69 days on market

The Elser

398 NE 5th St # 3515, Miami, FL 33132
320 Days on Market

Condo for Sale

$870,000

1 bd · 1 ba · 560 sqft

398 NE 5th St # 3515, Miami, FL 33132

320 days on market

The Elser

Listing
219 Days on Market

Condo for Sale

$860,000

1 bd · 1 ba · 560 sqft

219 days on market

The Elser

398 NE 5th St # 1619, Miami, FL 33132
497 Days on Market

Condo for Sale

$850,000

1 bd · 1 ba · 626 sqft

398 NE 5th St # 1619, Miami, FL 33132

497 days on market

The Elser Residences

398 NE 5th Street # 3907, Miami, FL 33132
93 Days on Market

Condo for Sale

$850,000

1 bd · 1 ba · 442 sqft

398 NE 5th Street # 3907, Miami, FL 33132

93 days on market

398 NE 5th St # 1407, Miami, FL 33132
120 Days on Market

Condo for Sale

$795,000

1 bd · 1 ba · 442 sqft

398 NE 5th St # 1407, Miami, FL 33132

120 days on market

The Elser

398 NE 5th St # 1615, Miami, FL 33132
42 Days on Market

Condo for Sale

$790,000

1 bd · 1 ba · 560 sqft

398 NE 5th St # 1615, Miami, FL 33132

42 days on market

Elser Residences

398 NE 5th St # 4415, Miami, FL 33132
367 Days on Market

Condo for Sale

$780,000

1 bd · 1 ba · 560 sqft

398 NE 5th St # 4415, Miami, FL 33132

367 days on market

The Elser Residences Miam

398 NE 5th St # 4708, Miami, FL 33132
796 Days on Market

Home for Sale

$768,000

1 bd · 1 ba · 430 sqft

398 NE 5th St # 4708, Miami, FL 33132

796 days on market

THE ELSER

398 NE 5th St # 4006, Miami, FL 33132
796 Days on Market

Home for Sale

$729,800

1 bd · 1 ba · 443 sqft

398 NE 5th St # 4006, Miami, FL 33132

796 days on market

THE Elser

398 NE 5th St # 3207, Miami, FL 33132
256 Days on Market

Condo for Sale

$720,000

0 bd · 1 ba · 442 sqft

398 NE 5th St # 3207, Miami, FL 33132

256 days on market

The Elser

398 NE 5th St # 2407, Miami, FL 33132
264 Days on Market

Condo for Sale

$720,000

1 bd · 1 ba · 442 sqft

398 NE 5th St # 2407, Miami, FL 33132

264 days on market

ELSER

398 NE 5th St # 2112, Miami, FL 33132
83 Days on Market

Home for Sale

$709,000

0 bd · 1 ba · 341 sqft

398 NE 5th St # 2112, Miami, FL 33132

83 days on market

THE ELSER

398 NE 5th St # 4316, Miami, FL 33132
107 Days on Market

Condo for Sale

$699,900

0 bd · 1 ba · 362 sqft

398 NE 5th St # 4316, Miami, FL 33132

107 days on market

The Elser

398 NE 5th Street # 1715, Miami, FL 33132
247 Days on Market

Condo for Sale

$699,900

1 bd · 1 ba · 560 sqft

398 NE 5th Street # 1715, Miami, FL 33132

247 days on market

398 NE 5th St # 2205, Miami, FL 33132
211 Days on Market

Condo for Sale

$699,000

1 bd · 1 ba · 442 sqft

398 NE 5th St # 2205, Miami, FL 33132

211 days on market

The Elser

398 NE 5th St # 2805, Miami, FL 33132
Newly Listed

Condo for Sale

$699,000

1 bd · 1 ba · 442 sqft

398 NE 5th St # 2805, Miami, FL 33132

4 days on market

The ELSER Residances

398 NE 5th St # 2319, Miami, FL 33132
253 Days on Market

Condo for Sale

$685,000

1 bd · 1 ba · 626 sqft

398 NE 5th St # 2319, Miami, FL 33132

253 days on market

The Elser Residences

398 NE 5th Street # 4015, Miami, FL 33132
191 Days on Market

Condo for Sale

$674,999

1 bd · 1 ba · 560 sqft

398 NE 5th Street # 4015, Miami, FL 33132

191 days on market

398 NE 5th St # 2215, Miami, FL 33132
192 Days on Market

Condo for Sale

$665,000

1 bd · 1 ba · 560 sqft

398 NE 5th St # 2215, Miami, FL 33132

192 days on market

The Elser

398 NE 5th St # 1915, Miami, FL 33132
97 Days on Market

Condo for Sale

$660,000

1 bd · 1 ba · 579 sqft

398 NE 5th St # 1915, Miami, FL 33132

97 days on market

THE ELSER HOTEL

398 NE 5th St # 2203, Miami, FL 33132
58 Days on Market

Condo for Sale

$650,000

1 bd · 1 ba · 439 sqft

398 NE 5th St # 2203, Miami, FL 33132

58 days on market

The Elser

398 NE 5th St # 4512, Miami, FL 33132
246 Days on Market

Condo for Sale

$649,900

0 bd · 1 ba · 341 sqft

398 NE 5th St # 4512, Miami, FL 33132

246 days on market

The Elser

398 NE 5th St # 2904, Miami, FL 33132
73 Days on Market

Condo for Sale

$599,999

1 bd · 1 ba · 443 sqft

398 NE 5th St # 2904, Miami, FL 33132

73 days on market

The Elser

398 NE 5TH Street # 1515, Miami, FL 33132
44 Days on Market

Condo for Sale

$599,900

1 bd · 1 ba · 560 sqft

398 NE 5TH Street # 1515, Miami, FL 33132

44 days on market

398 NE 5th St # 2116, Miami, FL 33132
208 Days on Market

Condo for Sale

$599,000

0 bd · 1 ba · 362 sqft

398 NE 5th St # 2116, Miami, FL 33132

208 days on market

The Elser

Listing
46 Days on Market

Condo for Sale

$580,000

1 bd · 1 ba · 442 sqft

46 days on market

The Elser

398 NE 5th St # 3104, Miami, FL 33132
18 Days on Market

Condo for Sale

$579,000

1 bd · 1 ba · 443 sqft

398 NE 5th St # 3104, Miami, FL 33132

18 days on market

The Elser

398 NE 5th St # 2007, Miami, FL 33132
63 Days on Market

Condo for Sale

$539,000

0 bd · 1 ba · 442 sqft

398 NE 5th St # 2007, Miami, FL 33132

63 days on market

The Elser

398 NE 5th St # 3805, Miami, FL 33132
Newly Listed

Condo for Sale

$499,000

1 bd · 1 ba · 442 sqft

398 NE 5th St # 3805, Miami, FL 33132

4 days on market

THE ELSER

398 NE 5th St # 4313, Miami, FL 33132
217 Days on Market

Condo for Sale

$495,000

0 bd · 1 ba · 357 sqft

398 NE 5th St # 4313, Miami, FL 33132

217 days on market

THE ELSER

398 NE 5th St # 1902, Miami, FL 33132
Newly Listed

Condo for Sale

$489,000

0 bd · 1 ba · 430 sqft

398 NE 5th St # 1902, Miami, FL 33132

4 days on market

The Elser Hotel Miami

The Elser Hotel & Residences Location & Address

Address

398 NE 5th St, Miami, FL 33132

Downtown Miami · Miami · Miami-Dade County

Get directions

The Elser Hotel & Residences — Frequently Asked Questions

What do condos at The Elser Hotel & Residences sell for?

Current asking prices run $489K–$2.0M across 57 listings. Exact value depends on floor, line, view and finish.

Are there condos for sale at The Elser Hotel & Residences right now?

Yes — 57 residences are for sale, the least expensive at $489K. Mix: 8 studios, 29 one-bedrooms, 9 two-bedrooms, 10 three-bedrooms and 1 four-bedroom-plus. 24 units are also available for rent.

When was The Elser Hotel & Residences built?

The Elser Hotel & Residences was completed in 2023 and has 49 stories. The project credits developer Property Markets Group · Greybrook and architect Sieger Suarez.

Where is The Elser Hotel & Residences located?

The Elser Hotel & Residences is at 398 NE 5th St, Miami, FL 33132, in Downtown Miami.

Living at The Elser Hotel & Residences: Summary

The Elser Hotel & Residences is a condominium in Downtown Miami, Miami, FL 33132 (Miami-Dade County). Current snapshot — 57 for sale and 24 for rent. For a private showing, off-market availability or a valuation of your unit at The Elser Hotel & Residences, call Matthew Gromadzki at +1 786-370-8570.