The Elser - Florida Home Finders

The Elser

Miami, FL

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The Elser

Project Details

The Elser Hotel and Residences inherits the vibrant surroundings and stunning vistas of Biscayne Bay, reminiscent of the early 1900s era at Elser Pier.

Situated in the bustling downtown corridor, Elser Pier once stood as Miami’s paramount destination for entertainment and conventions, owing to its prime waterfront location. The pier’s array of venues and panoramic views attracted both tourists and local residents alike.

The enduring legacy and remarkable achievements of Elser Pier have left an indelible mark on the future trajectory of the corridor, laying the groundwork for the flourishing bayfront cityscape that defines Miami today.

Pricing Starting from the $700s!

Reasons To Buy

Growing Population: Central Florida's population has grown by 20.5% from 2010 to 2020, indicating a strong demand for housing. (Source: US Census Bureau)

Job Market: Orlando ranks #5 among the top cities for job growth, with a 4.3% annual job growth rate. (Source: Forbes)

Tourism: Central Florida welcomes over 75 million visitors annually, making it a prime location for vacation rentals. (Source: Visit Florida)

Affordability: Compared to other major cities in the US, Orlando ranks #14 in terms of affordability, making it an attractive option for buyers. (Source: Zillow)

Rental Yield: Central Florida offers strong rental yields, with Orlando ranking #6 among the top cities for highest rental yields (10.1%). (Source: RentCafe)

Economic Diversification: Central Florida's economy is diversifying beyond tourism, with growth in industries like healthcare, technology, and logistics. (Source: Orlando Economic Partnership)

Infrastructure Development: Over $10 billion is being invested in infrastructure projects, such as the Orlando International Airport expansion and Brightline high-speed rail. (Source: Orlando Business Journal)

Education: UCF, USF, and other universities in Central Florida attract students and talent, fueling a skilled workforce. (Source: US News & World Report)

Nature and Outdoor Activities: Central Florida boasts numerous lakes, parks, and natural springs, offering endless opportunities for outdoor recreation. (Source: Florida State Parks)

Climate: With an average temperature of 72°F (22°C), Central Florida offers a desirable subtropical climate perfect for year-round living and vacationing. (Source: NOAA)

Quick Facts

Developer: Property Markets Group

Address: 398 NE 5TH ST, MIAMI, FL 33132

Pricing: $753, 563+

Occupancy: Now

Property Types: Condo

Property Sizes: 508 - 1,267 sq.ft.

Incentives: Closing Cost Rebates, Preferred Mortgage Rates *subject to qualification

Property Finishes: • Fully-furnished studios, 1, 2 and 3-bedroom residences • 9’2” ceiling height with floor-to-ceiling windows • Balconies with stunning views of Biscayne Bay and Downtown Miami • Porcelain wood grain tile flooring throughout • Built-in full-size washer and dryer (in select residences) • Ecobee smart thermostat • Smart keyless entry • Custom kitchen cabinetry by Italian design house, Italkraft • Quartz kitchen countertops • Frigidaire stainless-steel appliances including microwave, dishwasher, freestanding range oven and refrigerator • Glass-enclosed showers • Custom Italian vanities by Italkraft • Modern matte black kitchen and bathroom fixtures • Fully built-out California-style closets • Pre-wired for high-speed communications, multiple telephone lines, and cable

Property Amenities: • Lobby with cocktail bar and restaurant by Jaguar Sun® • Over 19,000 square foot double height amenity deck overlooking Downtown Miami and Biscayne Bay • Curated art and green walls throughout all common areas • 132 ft resort-style pool with private lounge areas • 16 ft poolside screening LED wall • Lawn with Theater • Sky entertainment lounge & grilling terrace featuring eight grills • Temperature controlled oversized swim spa • Owners Lounge with catering kitchen • Two-level coworking lab featuring reservable conference rooms • Coffee lounge by Cafe Domino® • Complimentary WiFi in common areas

Florida Home Finders Incentives

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