Miami Condos›Downtown Miami›The Elser Hotel & Residences
SIRS — verifyN/A
Building Photo
The Elser Hotel & Residences
398 Northeast 5th Street·Miami·FL·33132
Downtown Miami
Total Units
704
Floors
47
Year Built
2022
Bedrooms
Studio to 3 Bedrooms
Unit Size (sqft)
442 to 1,307
Allioo Score
—
Building Overview
The Elser Hotel & Residences is a 47-story building in Downtown Miami offering 704 units with studio to three-bedroom floor plans. Located at 398 NE 5th Street.
Building Details
Association Name
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Association Phone
—
Year Built
2022
Total Floors
47 Floors
Total Units
704 Units
Architect / Designer
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Bedrooms
Studio to 3 Bedrooms
Unit Size Range
442 to 1,307
Neighborhood
Downtown Miami
Folio Number
—
Full Address
398 Northeast 5th Street, Miami, FL, 33132
Amenities & Lifestyle
Resort Style Pool Sky Entertainment Lounge Owners Lounge with catering kitchen Two-level Coworking Lab Lobby with Cocktail Bar and Restaurant 24/7 Concierge Electric Vehicle Charging Stations Valet Parking Complimentary wifi in common areas
HOA & Financial
Avg HOA / Month
—
Application Fee
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Approval Timeframe
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Special Assessment
No current info — ask association if any assessments are planned or in progress.
HOA Fee Includes
Details pending — typical inclusions are water, cable, sewer, and trash
Reserve Status
Information not yet gathered — ask the association for reserve details
Lender & Purchase Requirements
Right of First Refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
Down Payment Notes
Not disclosed — down payment requirements vary by lender and building
Florida Condo Reform & Structural Compliance
Verify compliance with HOA
Confirm SIRS status, milestone inspections, and reserve disclosures directly with the association before closing.
SIRS Required (3+ stories)✗ No
SIRS Study CompletedVerify with HOA
SIRS Reported to State✗ No
Phase 1 Milestone InspectionVerify with HOA
40-Year RecertificationDate not confirmed — verify with association or local municipality
Florida Law Note: SB 4D (effective Dec 31, 2024) requires all condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure and inspection phase reports before closing.