Street view of The Elser Hotel & Residences

The Elser Hotel & Residences

398 Northeast 5th St, Miami, FL, 33132
The Elser Hotel & Residences
398 Northeast 5th St, Miami, FL, 33132

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.

Year built
2022
Floors
47
Residences
704
Bedrooms
Studio to 3 Bedrooms
Interior sqft
442 to 1,307
Folio number
0101080001010

Location

Map

398 Northeast 5th St, Miami, FL, 33132

Open in Maps

Living here

Rules & restrictions

Rental restrictions
12 months minimum

Association

Application fee
$150
HOA dues include
Details pending — typical inclusions are water, cable, sewer, and trash

Amenities

PoolFitness centerClub roomBusiness centerCo-working space24-hr concierge24-hr securityValet parkingEv charging

Buying

Financing a unit in this building: down payment minimums, how buyers are reviewed, and any special assessment.

Right of first refusal
Status unknown — contact HOA to confirm if they hold purchasing rights

SIRS & structural compliance

SIRS required for this buildingNo
SIRS study completedNot verified
Reserve study reported to the stateNot verified
Phase 1 milestone inspectionNot verified
40-year recertificationNot verified

Permits

Permits not yet researched for this building.

Reviews & reputation

4.5

out of 5 across 94 Google reviews

CONDO-HOTEL BUILDING -- reviews are entirely short-term/Airbnb guest stays, not residents. Guest complaints: cigarette-smell in a unit with an inadequately disclosed non-refundable cleaning fee, and general Airbnb-booking-platform friction. Positive guest sentiment on amenities and staff helpfulness. Not representative of condo-owner sentiment -- a dedicated resident-specific search would be needed.

GoogleLast pulled Sep 3, 2026View source

Summaries are synthesized by Allioo from public review signals, not direct quotes from residents.

Market

Median sold price
Not available

Sold prices not yet available

Median sold $/sqft
Not available

Sold prices not yet available

Median rent
$3,200

As of April 2026

Bedroom-level sold data not yet available for this building.

Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales. Median rent is from the MLS and may be delayed. Full stats

Frequently asked questions

12 months minimum

Data on this page is for informational purposes only and may be outdated or inaccurate. Confirm fees, rules, SIRS status, and other details directly with the building association before you buy or lease.

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