The Elser Hotel & Residences is seeing an 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% of the sales, primarily from Colombia, Mexico and Chile.
Units are being delivered fully furnished, with access to a 19,000-square-foot double-level 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 Café Domino.
The Elser Hotel & Residences is an instant retreat in the coveted Biscayne Bay, in Miami Downtown. A 49-story tower featuring floor-to-ceiling windows, in all 646 luxurious residences. Exceptional amenities create a special place to relax located at 398 NE 5th St., Miami, FL.
Buyers can enter their units into a short-term rental program managed by Highgate, with daily rentals offered.
Hotel guests have given the Elser top reviews, with 4.7 ratings on Google and 5-star rating on TripAdvisor.