The Elser Residences

Downtown Miami

646

TOTAL UNITS

FLOORS

2022

DELIVERY

$650k

STARTING PRICE

Description Images Features Location Floor Plans Schools Near by Contact Us

Location: 398 NE 5th St, Miami, FL 33132

Prices: $650,000 - $1,400,000

Square Feet: 455 - 1,533 sq.ft. \ 42 - 143 m2

Residences: Studio, 1 , 2 & 3 Bedrooms

Architect: Sieger Suarez Architects

Developer: Property Markets Group (PMG), Greybrook Partners

Designer: Cotofana Designs

Maintenance: N/A

Description

The Elser Residences is the tower that turned Elser Pier's history into a bayfront address. Developed by Property Markets Group in Downtown Miami, The Elser Residences offers furnished studios to three-bedroom layouts with 9-foot-2-inch ceilings and floor-to-ceiling views of Biscayne Bay. A 19,000-square-foot double-height amenity deck, a Jaguar Sun restaurant in the lobby, and curated art walls give the building its social core, with active markets for sale and for rent among Downtown Miami condos.

The Elser Residences Key Facts

Address: Downtown Miami (bayfront)

The Elser Residences Key Facts

Address: Downtown Miami (bayfront)
Neighborhood: Downtown Miami
Developer: Property Markets Group
Website: theelsercondo.miami
Floor Plans: Studios, 1-, 2- and 3-bedroom layouts (furnished)
Ceilings: 9 ft 2 in
Signature: 19,000 sq. ft. double-height amenity deck; Elser Pier heritage
Status: Recently completed

The Elser Residences and the Elser Pier Legacy

The building takes its name and spirit from Elser Pier, the early-1900s entertainment and convention landmark that once defined this stretch of bayfront. Today's tower carries that social DNA forward: furnished studios to three-bedroom residences with 9-foot-2-inch ceilings, floor-to-ceiling glass, and balconies over Biscayne Bay. The lobby sets the tone with a cocktail bar and restaurant by Jaguar Sun, and the 19,000-square-foot double-height amenity deck stacks curated art and green walls above downtown and bay views. PMG's downtown portfolio also includes Waldorf Astoria Miami and E11EVEN Beyond.

Steps From Bayside and Bayfront Park

The location puts Bayside Marketplace, Bayfront Park, and the Kaseya Center within walking distance, with the Design District ten minutes by car, the airport fifteen, and South Beach sixteen. The Metromover is nearby. See more Downtown Miami condos and new residential developments.

The Elser Residences Frequently Asked Questions

Who developed The Elser Residences?

Property Markets Group (PMG), the New York and Miami developer behind several downtown towers.

What is the Elser Pier connection?

The building is named for Elser Pier, the early-1900s bayfront venue for entertainment and conventions that once anchored this part of downtown.

What layouts are available?

Furnished studios and one- to three-bedroom residences with 9-foot-2-inch ceilings and floor-to-ceiling bay views.

What amenities are included?

A 19,000-square-foot double-height amenity deck, a Jaguar Sun cocktail bar and restaurant in the lobby, curated art and green walls, and bay-view common spaces.

Where is it?

On the Downtown Miami bayfront, within walking distance of Bayside Marketplace, Bayfront Park, and the Kaseya Center.

Can I buy or rent here?

Yes. The Elser has active for-sale and for-rent markets across its furnished residences.

For Sale(0)

Pending(0)

For Rent(0)

Sold(0)

Rented(0)

For Sale

Studios

Unit	Price	FT² (M²)	$/SF
4412	$517,000	341 (31 m²)	$1,516
4712	$521,000	341 (31 m²)	$1,528
4716	$525,000	362 (33 m²)	$1,450
2007	$579,000	442 (41 m²)	$1,310
2116	$599,000	362 (33 m²)	$1,655
4313	$625,000	357 (33 m²)	$1,751
4512	$649,900	341 (31 m²)	$1,906
4316	$699,900	362 (33 m²)	$1,933
3207	$720,000	442 (41 m²)	$1,629

1 Bedroom

Unit	Price	FT² (M²)	$/SF
2904	$599,999	443 (41 m²)	$1,354
1515	$619,900	560 (52 m²)	$1,107
2203	$650,000	439 (40 m²)	$1,481
1915	$660,000	579 (53 m²)	$1,140
2215	$665,000	560 (52 m²)	$1,188
4015	$674,999	560 (52 m²)	$1,205
2319	$685,000	626 (58 m²)	$1,094
2205	$699,000	442 (41 m²)	$1,581
1715	$699,900	560 (52 m²)	$1,250
2407	$720,000	442 (41 m²)	$1,629
4415	$780,000	560 (52 m²)	$1,393
1615	$790,000	560 (52 m²)	$1,411
1407	$795,000	442 (41 m²)	$1,799
1619	$850,000	626 (58 m²)	$1,358
3907	$850,000	442 (41 m²)	$1,923
3515	$870,000	560 (52 m²)	$1,554
4210	$890,000	509 (47 m²)	$1,749
2314	$895,000	665 (61 m²)	$1,346
2119	$930,000	626 (58 m²)	$1,486
1614	$958,800	665 (61 m²)	$1,442
1510	$1,050,000	509 (47 m²)	$2,063
2910	$1,050,000	509 (47 m²)	$2,063
4719	$1,139,000	626 (58 m²)	$1,819

2 Bedrooms

Unit	Price	FT² (M²)	$/SF
4417	$1,180,000	1043 (96 m²)	$1,131
3017	$1,299,000	1043 (96 m²)	$1,245
1911	$1,300,000	810 (75 m²)	$1,605
3711	$1,379,000	818 (75 m²)	$1,686
3811	$1,385,000	818 (75 m²)	$1,693
1811	$1,449,000	818 (75 m²)	$1,771
3209	$1,629,000	983 (91 m²)	$1,657

3 Bedrooms

Unit	Price	FT² (M²)	$/SF
3901	$1,099,000	1150 (106 m²)	$956
2017	$1,150,000	1043 (96 m²)	$1,103
2118	$1,225,000	1135 (105 m²)	$1,079
1417	$1,338,000	1040 (96 m²)	$1,287
3618	$1,379,000	1135 (105 m²)	$1,215
4118	$1,399,000	1135 (105 m²)	$1,233
3318	$1,450,000	1135 (105 m²)	$1,278
4618	$1,599,000	1135 (105 m²)	$1,409
4701	$1,650,000	1150 (106 m²)	$1,435

Pending Sale

3 Bedrooms

Unit	Price	FT² (M²)	$/SF
1809	$1,099,000	976 (90 m²)	$1,126

For Rent

Studios

Unit	Price	FT² (M²)	$/SF
4512	$2,650	341 (31 m²)	$8
4313	$3,000	357 (33 m²)	$8
4404	$3,450	443 (41 m²)	$8

1 Bedroom

Unit	Price	FT² (M²)	$/SF
3207	$3,400	442 (41 m²)	$8
4015	$3,500	560 (52 m²)	$6
4210	$4,100	509 (47 m²)	$8
1614	$4,500	665 (61 m²)	$7
2114	$5,700	665 (61 m²)	$9

2 Bedrooms

Unit	Price	FT² (M²)	$/SF
4417	$6,500	1043 (96 m²)	$6
3711	$7,500	818 (75 m²)	$9

3 Bedrooms

Unit	Price	FT² (M²)	$/SF
2301	$6,900	2301 (213 m²)	$3
1417	$6,980	1040 (96 m²)	$7
4001	$7,500	1150 (106 m²)	$7
4018	$8,650	1135 (105 m²)	$8
PH 4701	$9,500	1150 (106 m²)	$8

Sold

Unit	Price	FT² (M²)	$/SF	Sale Date
4713	$410,000	357 ft² (33 m²)	$1,148	09/11/2026
4207	$540,000	442 ft² (41 m²)	$1,222	08/24/2026
4518	$1,050,000	1135 ft² (105 m²)	$925	08/14/2026
2403	$415,000	490 ft² (45 m²)	$847	06/24/2026
2316	$420,000	362 ft² (33 m²)	$1,160	05/07/2026
3709	$1,150,000	983 ft² (91 m²)	$1,170	04/27/2026
3709	$1,150,000	983 ft² (91 m²)	$1,170	04/24/2026
4507	$520,000	442 ft² (41 m²)	$1,176	04/23/2026
3008	$450,000	430 ft² (39 m²)	$1,047	04/23/2026
1905	$420,000	442 ft² (41 m²)	$950	04/20/2026
4616	$415,000	362 ft² (33 m²)	$1,146	04/15/2026
4516	$410,000	362 ft² (33 m²)	$1,133	04/10/2026
1416	$400,000	455 ft² (42 m²)	$879	03/09/2026
1906	$475,000	443 ft² (41 m²)	$1,072	01/28/2026
2016	$365,000	362 ft² (33 m²)	$1,008	01/27/2026
3406	$450,000	443 ft² (41 m²)	$1,016	01/21/2026
2503	$475,000	439 ft² (40 m²)	$1,082	12/15/2025
2506	$475,000	443 ft² (41 m²)	$1,072	12/12/2025
1803	$435,000	439 ft² (40 m²)	$991	12/11/2025
4613	$580,000	357 ft² (33 m²)	$1,625	12/05/2025
2815	$620,000	560 ft² (52 m²)	$1,107	11/24/2025
1412	$400,000	341 ft² (31 m²)	$1,173	11/10/2025
3503	$485,000	439 ft² (40 m²)	$1,105	10/24/2025
1516	$425,000	362 ft² (33 m²)	$1,174	10/22/2025

Rented

Unit	Price	FT² (M²)	$/SF	Rented Date
2910	$4,350	509 ft² (47 m²)	$9	07/15/2026
2802	$2,900	430 ft² (39 m²)	$7	07/05/2026
2602	$2,700	430 ft² (39 m²)	$6	06/26/2026
1510	$4,300	509 ft² (47 m²)	$8	06/17/2026
2515	$3,000	560 ft² (52 m²)	$5	06/10/2026
2415	$3,200	560 ft² (52 m²)	$6	04/10/2026
1518	$8,000	1127 ft² (104 m²)	$7	02/20/2026
3711	$7,100	818 ft² (75 m²)	$9	02/13/2026
2207	$3,000	442 ft² (41 m²)	$7	02/09/2026
2218	$9,000	1135 ft² (105 m²)	$8	02/01/2026
3419	$4,500	626 ft² (58 m²)	$7	12/30/2025
3107	$2,750	442 ft² (41 m²)	$6	10/17/2025
2515	$3,000	560 ft² (52 m²)	$5	10/10/2025

Features

Building Features

49-story tower located in Downtown Miami
Designed by internationally renowned architecture firm Sieger Suarez Architects
Views of the Miami skyline, unobstructed views of Biscayne Bay and the Atlantic Ocean
Modern Residential Lobby with 24/7 Concierge
Electric Vehicle Charging Stations
Valet parking
Immediate occupancy
Approved for short term rental
On-site hospitality management
Features the Latest Smart Building Technology
Destination Controlled Elevator Dispatch
Smart Package Lockers
Custom Society Residences app, linking residents to concierge services and building amenities
- Digital Key
- Guest Access
- Payments
- Package Deliveries
- Messages from Management
Dry Cleaning & Laundry Service Lockers
Access-controlled entry points throughout

Residence Features

Fully-furnished studios, 1, 2 and 3-bedroom residences
Balconies with stunning views of Biscayne Bay and the Miami city skyline
Built-in full-size washer and dryer (in select residences)
Smart keyless entry
Custom kitchen cabinetry by Italian design house Italkraft
Frigidaire stainless-steel appliances including microwave, dishwasher, freestanding range oven and refrigerator
Custom Italian vanities by Italkraft
Fully built-out California-style closets
9’2” ceiling height with floor-to-ceiling windows
Porcelain wood-grain tile flooring throughout
Ecobee smart thermostat
Pre-wired for high-speed communications, multiple telephone lines, and cable
Quartz kitchen counters
Frameless glass-enclosed showers
Modern matte black kitchen and bathroom fixtures
Glass-enclosed showers

Location

Floor Plans

FLOOR / UNITS	BEDS / BATHS	TOTAL RESIDENCE	FLOOR PLANS
Residence 01	3 Bedrooms / 3 Bathrooms Lvl 14-47	1533 sqft / 124.42m2	Download
Residence 09	3 Bedrooms / 3 Bathrooms	1429 sqft / 132.75m2	Download
Residence 10	1 Bedroom / 1 Bathroom	668 sqft / 63.91m2	Download
Residence 11	2 Bedrooms + Den / 2.5 Bathrooms	2202 sqft / 111.06m2	Download
Residence 14	1 Bedroom / 1 Bathroom	851 sqft / 79.06m2	Download
Residence 17	3 Bedrooms / 3 Bathrooms	1242 sqft / 116.50m2	Download
Residence 18	3 Bedrooms / 3 Bathrooms	1491 sqft / 138.51m2	Download
Residence 19	1 Bedroom / 1 Bathroom	769 sqft / 71.44m2	Download

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