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49-Story The Elser Hotel & Residences Announced, Opening this Summer


Plans for a 49-story downtown Miami tower called The Elser Hotel & Residences have been announced.

The project was formerly planned to become a rental tower called Society Residences, with 646 apartments.


The Elser will also have 646 units, but they will be sold as fully-furnished condos instead.

Owners at The Elser will be permitted to rent their units on a daily basis. There will also be an in-house short-term rental program that owners have the option to use, professionally managed by hospitality company Highgate. Units will be ready for delivery this summer.


Condo sizes will range from 404 to 1307 square feet, with prices from the $600s or the equivalent cryptocurrency exchange rate.


Amenities include a double-level amenity deck spanning over 19,000 square feet overlooking Downtown Miami and Biscayne Bay, a 132-foot resort-style pool with private lounge areas, a 16-foot poolside screening LED wall, co-working spaces, oversized modern gyms and more. 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.

Interior design is by Cotofana, while the tower itself was designed by Sieger Suarez.

PMG and Greybrook Realty Partners are the developers.


“Downtown Miami is the city’s most desirable location for luxury real estate, resulting in high levels of demand met with record-low inventory,” said Ryan Shear, Managing Partner of PMG.

Miami is now experiencing a “population, tourism and corporate relocation boom” that has resulted in “historically low resale inventories,” added Peter Politis, CEO of Greybrook.



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The Elser Hotel and Residences - Furnished Miami Condos for Sale
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DISCLAIMERS | ©2022 THE ELSER HOTEL & RESIDENCES MIAMI
398 NE 5TH ST, MIAMI, FL 33132
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ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE SELLER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A SELLER TO A BUYER OR LESSEE. THIS PROJECT IS BEING DEVELOPED BY 400 BISCAYNE CONDO OWNER, LP (THE “DEVELOPER” OR THE “SPONSOR”), WHICH HAS A LIMITED RIGHT TO USE THE NAME AND LOGO OF 400 BISCAYNE CONDO OWNER, LP. ANY AND ALL STATEMENTS, DISCLOSURES AND/OR REPRESENTATIONS SHALL BE DEEMED MADE BY THE DEVELOPER AND NOT BY 400 BISCAYNE CONDO OWNER, LP. YOU AGREE TO LOOK SOLELY TO THE DEVELOPER (AND NOT TO 400 BISCAYNE CONDO OWNER, LP OR TO ANY OTHER DEVELOPER PARTY (AS DEFINED BELOW) OTHER THAN THE DEVELOPER WITH RESPECT TO ANY AND ALL MATTERS RELATING TO THE SALES AND MARKETING AND/OR DEVELOPMENT OF THE PROJECT. THE DEVELOPER MAY REVISE THESE TERMS AT ANY TIME BY UPDATING THIS POSTING.
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