$80M In Sales In 60 Days At 49-Story The Elser Hotel & Residences

The Elser Hotel & Residences is seeing immense sales volume, according to a press release from the developers.

In less than 60 days, a total of $80 million in sales have been closed, developers said.

Latin American buyers make up 75 percent of sales, primarily from Colombia, Mexico, and Chile.

Units are being delivered fully furnished and finished, with access to a 19,000-square-foot double-level amenity deck and a 132-foot resort-style pool.

The property will also include a new lobby cocktail bar and restaurant by the creators of Jaguar Sun as well as a coffee lounge by Cafe Domino.

Buyers are able to enter their units into a short-term rental program managed by Highgate, with daily rentals offered.

Hotel guests appear to be giving The Elser top reviews, with a 4.7 rating on Google and a 5 star rating on Tripadvisor.

 

(photos: : PMG Residential)

 

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Anon
12 days ago

Looking forward to seeing the work complete at ground level, as well as the construction of the chapel on the first few floors.

Anonymous
12 days ago

God will have them expedite

Godless
12 days ago

😂

Anonymous
12 days ago

They should put big LED screen on the side of this building and Marina Blue instead of those old fashion paper billboards

Anonymous
9 days ago

Every short term rental building in downtown has turned to shit. Lets see if this one is any different.

peej
12 days ago

You’d think $80 mil in sales would help them install the mural on the podium’s north face, but here we are still waiting…

Anon
12 days ago

There’s been a mural there for at least a week. Lighting installed as well. If you’re going to dump on them at least get your facts right.

Anonymous
12 days ago

I’d rather have an ad then a mural after seeing XMiami’s atrocious “art.”

Melo, the true giga chad
12 days ago

that parking lot next to it, would be a perfect location for a grand station for an underground metro. Close to bayside, FTX, downtown, etc. That point can be the epicenter for all transit in downtown Miami. And enough with the “high water table” bs. It can be done.

Anon
12 days ago

This is ludicrous thinking, as awesome as it would be. A project like that would make LA’s HSR look like a cakewalk. Its going to be decades before we even have our rudimentary “smart plan” built out. It’s a great idea but something like that is highly unlikely anytime in the near (this century) future.

Manny
12 days ago

Why do you say that? We have the population, the growth, the money, and the need!

Anonymous
12 days ago

enough with subways in Miami BS—it isn’t practical to build and maintain

can’t even get the current highly functional Metrorail extended to anywhere but further into the NW Dade hood, no way there’s ever an underground metro here

Just Facts
12 days ago

Right. These things move incredibly slowly and cost billions. A new section of Grand Central just opened today for LIRR commuters.

They started building it in 1969.

Anonymous
12 days ago

Can we just get a Metrorail extension to South Beach and Doral instead, using the east-west platform at Government Center Station that was intended to be the “epicenter for all transit in downtown,” further cemented by MiamiCentral?