The Elser Hotel & Residences

The Elser Hotel & Residences is a 49-story bayfront condo-hotel tower in Downtown Miami by PMG and Greybrook, delivered fully furnished with no rental restrictions — Downtown's first bayfront tower allowing daily (Airbnb-style) rentals.

The Elser Hotel & Residences is a 49-story bayfront tower in Downtown Miami at 398 NE 5th Street, co-developed by Property Markets Group (PMG) and Greybrook and designed by Sieger Suarez Architects. Completed in 2022, it holds 646 fully furnished studio to three-bedroom residences and was Downtown Miami's first bayfront condo tower with no rental restrictions, allowing daily rentals via platforms like Airbnb. Amenities include a cocktail bar and restaurant by Jaguar Sun, a coffee lounge by Café Domino, a 132-foot pool and deck with private lounge areas, a 16-foot poolside LED screening wall, and a fitness center. Residences feature porcelain wood-grain tile flooring, smart thermostats, keyless entry and Frigidaire stainless-steel appliances. (Note: completed building — verify current resale/condo-hotel pricing.)