The Elser Hotel & Recidences

Miami - Florida

A collection of junior suites, 1-bedroom, 2-bedroom and 3-bedroom residences centrally located in downtown Miami. Elser Hotel & Residences Miami is the only existing building downtown with a professionally managed short-term rental program by a five-star operator that allows daily rentals.

398 NE 5th Street Miami, FL 33132

The Elser Hotel and Residences, offers a dynamic and lively lifestyle for creators of all stripes; Enjoy access to a host of amenities and immediate proximity to the best entertainment, art, and dining.

Strategic Location

Located in downtown Miami, directly across from the FTX Arena, this is the fastest growing area in the city of Miami. Downtown offers a rich and vibrant community driven by culture, glamor and wellness. Elser Residences will create an atmosphere where residents experience an abundance of live-work-play amenities.

Enjoy an effortless cosmopolitan lifestyle with convenient access to the variety of experiences this exciting metropolis has to offer.



  • 49-story tower located in downtown Miami
  • 646 Residences – Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom
  • FULLY FURNISHED + Kitchen Utensils + Decorations
  • Professional on-site management + Airbnb
  • Balconies with stunning views of Biscayne Bay and the Miami city skyline
  • Porcelain Wood-grain tile floors throughout
  • Full-size built-in washer and dryer (in select residences)
  • Ecobee Smart Thermostat
  • Smart keyless entry
  • Pre-wired for high-speed communications, multiple phone lines, and cable
  • Fully Built-In California-Style Cabinets
  • Custom kitchen cabinets from Italian design house Italkraft
  • Quartz kitchen countertops
  • Stainless Steel Frigidaire Appliances Including Microwave, Dishwasher, Freestanding Oven, and Refrigerator
  • Frameless Glass Enclosed Showers
  • Italkraft Custom Italian Vanities
  • Modern kitchen and bathroom fixtures in matte black.

Commercial Area

  • Lobby with Cocktail Bar and Restaurant by Jaguar Sun®
  • Over 19,000 square feet of double-height amenity terrace overlooking downtown Miami and Biscayne Bay
  • Curated art and green walls in all common areas
    telescope observatory area
  • 132-foot resort-style pool with private lounging areas
  • 16 ft Poolside Screening LED Wall
  • Lawn with Theater
  • Sky Entertainment Lounge & Grilling Terrace with eight grills
  • Temperature controlled oversized swim spa
  • Owners lounge with catering kitchen
  • Two-level coworking lab with 11 reservable conference rooms
  • Coffee lounge by Cafe Domino
  • Free Wi-Fi in common areas
  • Two-level modern gym and fitness studios
  • Fitness classes and community events
  • Wide outdoor yoga platform
  • Sauna and steam room
  • EV charging stations and 24/7 valet service
  • Lockers for dry cleaning and laundry service.



Recidence 2-3-4-5-6-7-8-12-13-15-16 levels 14 - 47
Recidence 10 levels 14 - 47
Recidence 14 levels 14 - 47
Recidence 19 levels 14 - 47
Recidence 11 levels 14 - 47
Recidence 17 levels 20 - 47
Recidence 01 levels 14 - 47
Recidence 09 levels 14 - 19
Recidence 17 levels 14 - 19
Recidence 18 levels 14 - 47

Estudio / 1 Bath
1 Bed / 1 Bath
1 Bed / 2 Baths
1 Bed / 1 Bath
2 Beds / 2 Baths
2 Beds+Den / 3 Baths
3 Beds / 3 Baths
3 Beds / 3 Baths
3 Beds / 3 Baths
3 Beds / 3 Baths
549 SF
688 SF
851 SF
769 SF
1202 SF
1254 SF
1533 SF
1429 SF
1254 SF
1491 SF


Founded in 1991 by Kevin Maloney and led by managing partners Ryan Shear and Dan Kaplan, PMG has grown from a local New York City real estate operator to a national investment, development and asset management firm operating in Florida, New York, Colorado, South Carolina, Tennessee, and Georgia. Their in-house teams manage the entire development lifecycle, spanning land use and acquisitions, financing and accounting, design and construction, asset management, marketing, sales and leasing, and legal supervision.

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