Anchored by walk-to-venue convenience and a resort-level amenity deck, The Elser Hotel & Residences is one of Downtown’s most flexible options for short stays, from weekends to a few weeks, without the typical condo-style minimums. This guide highlights the demand drivers that matter and how Lunabase runs day-to-day operations to keep things compliant, predictable, and profitable.
The Elser, in a Nutshell
Set in prime Downtown at 398 NE 5th St, Miami, FL 33132, The Elser blends condo comforts (full kitchens, in-unit laundry, balconies) with hotel services and a standout pool/fitness deck—steps from Kaseya Center, Bayfront Park, Metromover/Brightline, and PortMiami. Thanks to its on-site short-stay program, Elser captures weekend getaways, event-led visits, and short corporate stays, a rare flexibility in this district, while still appealing to multi-week guests who want more space than a hotel room.
Unlock Your Elser Residence’s Earning Potential
- Minimal restrictions = more bookings: Short-stay approvals via the building’s program let you capture high-yield weekends and event spikes, not just 30-day windows.
- Location does the lifting: Walkable to arenas, parks, offices, transit, and the port—steady, year-round demand finds you.
- Product people pay for: Kitchens, laundry, balconies, and a resort deck outperform standard hotel rooms on comfort and rate.
- Fewer gaps, steadier cash flow: Mix short stays with multi-week bookings to smooth the calendar and lift net yield.
- Ratings power pricing: Modern stock and hotel-level amenities help reviews compound, sustaining occupancy and ADR.
- Rising profitability of short-term rentals: As work-from-anywhere takes hold and Miami becomes a flexible home base, STRs are earning more—outperforming hotels on livability and value per night.
Make It Effortless and Profitable with Lunabase
- Compliance & care handled upfront: Regulatory shifts are constant in Miami’s short-term market. With Lunabase, your listing stays compliant from setup onward—proper stay lengths, access, screening, and 24/7 support.
- Pricing that follows real demand: Rates/minimums adapt to Downtown’s event and seasonal rhythm (games, concerts, cruise cycles) to lift occupancy and ADR.
- Accountable execution: One dedicated manager plus checklist-driven turnovers and photo proof after every clean or repair.
- Transparent numbers: Live dashboard for occupancy / ADR / net income, plus itemized monthly statements—clarity without the guesswork.
- Listings built to convert: Photo-forward marketing and amenity storytelling calibrated to what books at The Elser.
Ready to List your Elser Property? Contact Lunabase Today!
The Elser already pairs location with short-term flexibility; returns come from disciplined setup and day-to-day execution. Share your unit type, view, and availability window, and we’ll send a one-page Elser readiness plan with recommended rates, stay-length strategy, and next steps.