Building facts
- Address
- 398 NE 5th Street
- Neighborhood
- Downtown Miami
- Year built
- 2022
- Floors
- 47
- Residences
- 704
- Status
- Completed
- Developer
- Property Markets Group (PMG), Greybrook Partners
- Pricing
- Starting at $725,000
The Elser Residences Condos
398 NE 5th Street, Miami, Florida 33130 | Neighborhood: Downtown Miami
Home > Miami Luxury Condos > The Elser Residences Miami
Positioned in the heart of Downtown Miami, The Elser Residences rises 49 stories above the colorful Miami skyline. With 646 residential units, the building offer studios, one, two and three bedroom layouts as well as Penthouses.
Two floors are dedicated to luxury amenities for residents including pools, state-of-the-art fitness center, a two level co-working lab and an in-house Café. The building also has a flexible rental policy, allowing daily rentals through their vetted rental program. Residences are delivered completely finished, and some are even offered “turn-key”, fully furnished.
This is the only NEW existing inventory in Miami with amazing VIEWS to the Bay and THE Ocean and with the option to place units in a SHORT TERM rental program professionally managed by an operator. We will also have vacant units ready to move in. The building is still under construction, no visits are allowed at this time but we anticipate receiving TCO by the end of June. We are taking reservations NOW, this is the best time to reserve and secure the best price possible.
Payment structure:
1. 10% deposit required with Reservation
2. 40% deposit required with Contract (estimate July 2022)
3. Balance at closing (estimate August-September 2022)
Prices:
Studios from $600K
One Bedrooms from $800K
Two bedrooms from $1.4M
Three bedrooms from $1.4M
Interested in buying at The Elser Residences Miami?
Learn more about buying at The Elser Residences with Josh Stein.
The Elser Residences Miami Amenities
• Lobby with Cocktail Bar and Restaurant by Jaguar Sun®
• Over 19,000 square foot double height amenity deck overlooking Downtown Miami and Biscayne Bay
• Curated art and green walls throughout all common areas
• 132-Foot Resort Style Pool with private lounge areas
• 16 ft Poolside Screening LED Wall
• Lawn with Theate
• Sky Entertainment Lounge & Grilling Terrace featuring eight grills
• Temperature Controlled Oversized Swim Spa
• Owners Lounge with catering kitchen
• Two-level Coworking Lab featuring 11 reserverable conference rooms
• Coffee Lounge by Cafe Domino®
• Complimentary wifi in common areas
The Elser Residences Miami Prices
Residences from $600,000 USD
– Studios from $600K
– One Bedrooms from $800K
– Two bedrooms from $1.4M
– Three bedrooms from $1.4M
Payment structure:
1. 10% deposit required with Reservation
2. 40% deposit required with Contract (estimate July 2022)
3. Balance at closing (estimate August-September 2022)