Property Markets Group (PMG) and Greybrook Realty Partners recently hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower at 398 Northeast 5th Street. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne. Remarks were given by Ryan Shear, Managing Partner of PMG, and the PMG Residential sales team, Alejandra Castillo, Christian Tupper, Daiana Quiceno, Aura Aragon and Karine Carvalho. Designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs, The Elser Hotel & Residences will deliver the only new, fully furnished and move-in-ready residences to Downtown Miami this summer. The property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program, managed by industry-leading management company Highgate.
The Elser Hotel & Residences. Credit: World Red Eye.
Launch Event. Credit: World Red Eye.
Views looking north along Biscayne Boulevard. Credit: World Red Eye.
Live Performance. Credit: World Red Eye.
Christian Tupper, Aura Aragon, Karine Carvalho, Ryan Shear, Alejandra Castillo, & Daiana Quiceno. Credit: World Red Eye.
The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. Fully-furnished residences range from studios to three-bedrooms spanning 404 to 1307 square feet. Amenities include a double-level amenity deck overlooking Downtown Miami and Biscayne Bay, a 132-foot resort-style pool with private lounge areas and a 16-foot poolside screening LED wall. Additional amenities include co-working spaces, oversized modern gyms and fitness studios with frequent group classes, multiple lounges, smart package lockers, bike storage facilities, and a yoga lawn overlooking Biscayne Bay, among others. The property will include a new lobby cocktail bar and restaurant by the creators of Jaguar Sun as well as a coffee lounge by Cafe Domino.
Below are the latest renderings of interiors at the property.
The Elser Hotel & Residences Interiors. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Cafe Domino Coffee Lounge. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Cardio Area. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Free Weights Area. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Lawn with Theater. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Lobby. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Outdoor Fitness Deck. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Resort Style Pool. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel and Residences – Two Level Gym. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel & Residences. Credit: Property Markets Group, Greybrook Realty Partners.
The Elser Hotel & Residences – Miami Skyline Marked. Credit: Property Markets Group, Greybrook Realty Partners.
Construction completed earlier this year on the 571-foot-tall structure. John Moriarty & Associates of Florida, Inc. served as the general contractor with M.C. Velar Construction as the shell contractor. CHM Structural Engineers, LLC served as the structural engineer. Enviralum Industries Inc. provided balcony dividers. Millet Glass Industry provided the glass panels for the entire building.
398 Northeast 5th Street. Photo from Google Maps – July 2022.
398 Northeast 5th Street. Photo from Google Maps – July 2022.
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