For Buyers
Straight answers to the questions buyers actually ask about The Elser Residences. Where a figure is market-dependent, it's computed live from the MLS; where it depends on association documents, we verify against the current documents rather than guessing.
As of today there are 53 residences for sale at The Elser Residences, priced from $489,000 to $1.65M, with an average asking price of about $1,463 per interior square foot. These figures update automatically from the MLS — see the market report for the full breakdown.
Yes — The Elser was Downtown Miami's first bayfront condo built with no rental restrictions, so owners can rent daily, weekly or monthly on Airbnb, VRBO and Booking.com, self-manage, or use the in-house Society Owners Program run by Pinnacle Property Management. There are currently 24 residences offered for long-term lease, from $2,650/mo. Confirm current terms against the condominium documents before contracting.
Owners have full flexibility: rent your residence yourself on the major platforms, bring your own manager, or enroll in the building's Society Owners Program by Pinnacle Property Management, which operates your furnished unit as part of the hotel and handles bookings, guest services and housekeeping while you're away. We can share the current program terms and recent performance ranges as part of a buyer analysis.
Association fees vary by residence size and are set by the condominium association; they fund the building's hotel-level service — pool and amenity-deck operation, concierge, valet, security, the co-working Lab, common-area utilities and reserves. We provide the exact current fee, budget and reserve information for any specific unit as part of our buyer package, sourced from the association's current documents.
Yes — The Elser's residences are delivered turnkey and fully furnished, with Italkraft cabinetry, quartz counters, porcelain wood-grain floors, Frigidaire appliances and smart-home technology, so a unit can be occupied or rented immediately.
Purchases are subject to a standard association application and approval, typically measured in weeks. The building is pet-friendly within association guidelines — confirm current pet rules (size, count and breed provisions) against the condominium documents before contracting.
The Elser Hotel & Residences was developed by Property Markets Group (PMG) and Greybrook and designed by Sieger Suarez Architects, with interiors by Cotofana Designs. Its 646 turnkey residences were completed and began closing in 2022.
The Elser sits on the Biscayne Bay waterfront in Downtown Miami, so residences capture bay and Downtown skyline views depending on floor and orientation — east/bayfront lines look over the water, while city-facing homes overlook the Downtown and Brickell skyline. The floor-plans page shows the layouts currently on the market.
Florida property taxes are assessed by Miami-Dade County on the unit's assessed value; there is no state income tax. We include the current tax bill and any assessment history for a specific unit in our buyer package rather than quoting a generic figure.
Tell us what you're looking for — line, floor, exposure, budget — and we'll assemble current availability (including off-market opportunities), comparable sales, association documents and floor plans, then coordinate showings, offer, approval and closing end to end.
Current availability, comparable sales, association documents, fees and floor plans for the exact units you're considering.