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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Edgewater·Condominium

Elysee

788 Ne 23 Street, Miami, FL 33137

Edgewater

Folio 0132301100001

ArchitectArquitectonica
DeveloperTwo Roads Development
At a glance
Year built
2021
Residences
95
Floors
57
Height
644 ft
Building area
288,132 sq ft
Median residence
2,882 sq ft
FEMA flood zone
Zone AE · BFE 10 ft
Latest arms-length sale
$3,200,000 · Jul 2026
Median sale (10 yr)
$2,725,000
Recorded transfers
146
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Elysee is a 95-residence condominium tower at 788 Ne 23 Street, in Edgewater, by Two Roads Development with design by Arquitectonica. County records list 2021 as the year built. It rises 57 floors and has a median residence of 2,882 square feet.

The recorded market runs to 124 arms-length sales since 2021, an annual turnover rate of 13.1 percent of the building over the past decade, and a median of $998 per square foot. Across 29 same-unit resales, 90 percent sold above their prior recorded price, with a median gain of 31 percent over a median hold of 2.2 years. The 26 sales since 2023 carry a median of $1,237 per square foot, 24 percent above the level across its whole record; that gap reflects both price movement and which residences happened to trade.

Selling, buying or moving?

Own a residence at Elysee? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Elysee, also called Elysee Miami

Building type: Bayfront condominium tower

Interior and amenity design: Jean-Louis Deniot of Paris

General contractor: John Moriarty & Associates

Unit sizes: Three- to six-bedroom half-floor and full-floor residences, about 2,200 to 6,000 square feet across the original plans, with standard plans near 2,300 to 4,000.

Amenities: Seventh-floor amenity deck with a 75-foot pool, summer kitchen and barbecue terrace, fitness center, yoga studio, spa with sauna, steam room and massage rooms, blow-dry bar and children's room. Two furnished guest suites that owners reserve. Thirtieth-floor owners' sky lounge with a grand salon and full bar, a dining room seating up to 30, chef's kitchen, library that converts to a private theater, game room and wine storage.

Services: 24-hour door attendants and security, concierge, valet, guest suites

Source: The Roebling Research Desk.

Why Elysee matters

Elysee is 57 floors with no more than two residences on a typical floor. It is built around the large residence: three or more bedrooms, with a private elevator and foyer for each home.

Bernardo Fort-Brescia of Arquitectonica drew a three-tier telescoping tower whose floor plate steps out as it rises, a reverse ziggurat, so the smaller residences sit low and the largest sit high. The stepped massing is also what gives each residence a long run of glass, with east and west terraces and direct bay and city views. Deniot, known for Paris interiors, designed the amenity floors, the common areas and the guest suites.

Elysee is on the bay itself, on the water side of Biscayne Boulevard, in flood zone AE. Ask for the elevation certificate and the insurance cost.

Edgewater and the Elysee site

Edgewater is a neighborhood of mid-rise and high-rise buildings on Biscayne Bay. Midtown and the Design District are to the north and Downtown is to the south. East Edgewater, the strip between Biscayne Boulevard and the water, sits between the Venetian and Julia Tuttle causeways. Margaret Pace Park, on the bay at about NE 20th Street, is a short distance south and has the neighborhood's bayfront green space. The Venetian Islands are immediately south, on the causeway to Miami Beach. The Adrienne Arsht Center for the Performing Arts, Museum Park and the Pérez Art Museum Miami are a few minutes south in Downtown.

The neighborhood's draw is location: Midtown, Wynwood and the Design District are minutes away, Downtown and Brickell are a short drive south, and Miami Beach is across a causeway.

Architecture and unit composition

The tower has 57 floors on a single bayfront site. Residences are half-floor and full-floor layouts of three to six bedrooms, with ceilings of 10 feet or more, impact-resistant floor-to-ceiling glass, private elevators and foyers, and east- and west-facing terraces. As delivered, kitchens carried Wolf and Sub-Zero appliances and ItalKraft cabinetry.

Unit mix. The tiered massing sets the size of the home. Lower floors hold the smaller plans and upper floors the larger, up to the penthouse levels. Standard plans run about 2,300 to 4,000 square feet, and the full-floor and penthouse residences run larger, to about 6,000.

Parking. The building has robotic parking with an on-site auto concierge, two assigned spaces per residence, and a 30-foot-wide motor court.

Building operations

The building runs a door attendant and security desk around the clock, a concierge and valet, and a staff for the two amenity floors. Ask which services are included in dues.

Standard asks for any Florida condominium purchase: the current budget and recent financial statements and reserve funding. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Ask what the building carries for flood and windstorm coverage and how the master policy is allocated, since the property is in flood zone AE.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

In 2019, at topping out, asking prices ran from about $1.8 million to more than $10 million. Resales since completion are the market. One recorded sale, in May 2026, closed at $2.85 million. It is one sale, not a building price. A median assessed value of about $2.58 million is a tax figure, not a market price. Pricing varies by floor, view and plan, and the building average will mislead.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Elysee

Compare by plan and floor. With one or two homes per floor, the same plan on a different floor is a different product. Use same-line comparables.

Price the flood zone. Ask for the association's flood and windstorm coverage and the insurance cost in the budget.

Read the reserve documents. Request the budget, financial statements and any developer-period warranty or construction-defect claims.

What to know if you're selling at Elysee

Price against same-plan sales. Use trades in the same line and floor range.

Have the documents ready. Budget, financials, reserve study and inspection report shorten diligence.

Comparable buildings

  • Paraiso Bay — a condominium tower at 650 NE 32nd Street in Edgewater.
  • Biscayne Beach — Two Roads' other Edgewater project, near Elysee.
  • Aria Reserve South — a condominium tower at 700 NE 24th Street, a block from Elysee.

Compared with

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Edgewater.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Apr 2021. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Jul 202632022,885 sf$3,200,000✓
Jun 202621012,315 sf$2,600,000✓
May 202623012,315 sf$2,850,000✓
May 202655023,492 sf$4,000,000✓
May 202620012,315 sf$2,720,000✓
Mar 202633012,882 sf$3,600,000✓
Mar 202610012,315 sf$2,800,000✓
Mar 202641022,894 sf$3,600,000✓
Dec 202529012,315 sf$3,020,000✓
Aug 202546013,459 sf$4,000,000✓
Jul 202522022,322 sf$2,700,000✓
Jun 202535022,910 sf$3,000,000✓
Jun 202543012,891 sf$3,550,000✓
Feb 202556023,492 sf$4,500,000✓
Nov 202446023,460 sf$4,300,000✓
Oct 202438022,320 sf$1,750,000✓
Jul 202412012,315 sf$3,200,000✓
Jun 202451023,488 sf$4,500,000✓
Mar 202443022,894 sf$3,850,000✓
Mar 20246012,720 sf$4,100,000✓
Dec 20238012,318 sf$2,660,000✓
Jun 202356013,490 sf$5,500,000✓
Apr 202343012,891 sf$4,150,000✓
Mar 202349023,492 sf$5,000,000✓
Feb 202316022,322 sf$3,000,000✓
Jan 202339013,471 sf$2,915,900✓
Dec 202244012,891 sf$4,275,000✓
Dec 202255013,490 sf$3,330,800✓
Nov 2022570113,779 sf$14,664,700✓
Nov 202250023,488 sf$3,475,000✓
Oct 202237013,471 sf$4,100,000✓
Oct 202239022,320 sf$1,807,900✓
Oct 202246013,459 sf$3,490,900✓
Oct 202253023,492 sf$3,940,000✓
Oct 202252023,488 sf$3,800,000✓
Oct 202247013,467 sf$3,886,000✓
Jul 202211012,315 sf$2,970,000✓
May 202247023,468 sf$3,900,000✓
Apr 202222012,315 sf$2,750,000✓
Mar 202232022,885 sf$3,300,000✓
Mar 20228022,313 sf$2,950,000✓
Mar 202248023,465 sf$3,721,000✓
Mar 202240013,471 sf$3,600,000✓
Mar 202254013,490 sf$4,077,000✓
Mar 20222012,668 sf$2,500,000✓
Mar 202246023,460 sf$3,750,000✓
Mar 20222022,631 sf$2,450,000✓
Mar 202252013,494 sf$4,700,000✓
Mar 202242012,891 sf$2,850,000✓
Mar 20226012,720 sf$1,617,500
Mar 202235022,910 sf$3,100,000✓
Mar 202241012,891 sf$2,650,000✓
Feb 202222012,315 sf$2,400,000✓
Feb 202237022,320 sf$2,730,000✓
Feb 202215012,315 sf$2,390,000✓
Jan 202219012,315 sf$2,500,000✓
Dec 202110022,322 sf$2,350,000✓
Nov 202116022,322 sf$2,275,000✓
Sep 202132012,883 sf$3,000,000✓
Sep 202148013,464 sf$4,125,000✓
Aug 202136012,898 sf$2,757,900✓
Jul 202128014,645 sf$4,641,900✓
Jul 202141022,894 sf$2,850,000✓
Jul 202144022,894 sf$2,999,000✓
Jul 202154023,492 sf$3,790,000✓
Jul 202136022,910 sf$3,250,000✓
Jul 202148013,464 sf$3,386,000✓
Jul 202142022,894 sf$3,050,000✓
Jul 202151016,988 sf$6,825,000✓
Jul 202149013,490 sf$4,000,000✓
Jul 202138013,471 sf$3,075,000✓
Jul 202110012,315 sf$2,350,000✓
Jul 202140022,320 sf$2,132,600✓
Jul 202137022,320 sf$1,756,900✓
Jul 202153013,490 sf$3,517,500✓
Jul 202126012,315 sf$2,600,000✓
Jun 202129012,315 sf$2,810,000✓
Jun 202117021,860 sf$1,920,000✓
Jun 202134015,822 sf$3,100,000✓
May 202132022,885 sf$2,250,900✓
May 202118012,781 sf$2,100,000✓
May 202133012,882 sf$2,650,000✓
May 202121012,315 sf$2,055,000✓
May 202120022,322 sf$2,085,000✓
May 202118021,860 sf$1,570,000✓
May 202123012,315 sf$2,000,000✓
May 202116022,322 sf$1,891,900✓
May 202111022,322 sf$1,747,900✓
May 202117012,781 sf$2,175,000✓
May 202124022,322 sf$2,220,000✓
May 202117021,860 sf$1,377,900✓
May 202135012,898 sf$2,800,000✓
May 202131012,860 sf$2,450,000✓
May 202126022,322 sf$2,400,000✓
May 202125014,644 sf$4,350,000✓
May 202114012,315 sf$1,890,000✓
May 202132012,883 sf$2,508,000✓
May 202127012,315 sf$2,700,000✓
May 202129022,322 sf$1,750,900✓
May 202121022,322 sf$1,750,000✓
May 202119022,322 sf$1,932,000✓
May 202119012,315 sf$1,915,000✓
May 202115012,315 sf$1,765,900✓
May 202110012,315 sf$1,673,900✓
Apr 20219022,322 sf$1,665,000✓
Apr 20218022,313 sf$1,635,000✓
Apr 202122012,315 sf$1,999,900✓
Apr 202112022,322 sf$1,725,900✓
Apr 202123022,322 sf$2,160,000✓
Apr 202116012,315 sf$2,100,000✓
Apr 20214015,381 sf$4,000,000✓
Apr 202131022,870 sf$2,270,900✓
Apr 202126012,315 sf$2,286,900✓
Apr 20219012,315 sf$1,775,000✓
Apr 20218012,318 sf$1,800,000✓
Apr 202112012,315 sf$1,790,000✓
Apr 202110022,322 sf$1,795,900✓
Apr 202120012,315 sf$1,719,900✓
Apr 202111012,315 sf$1,970,900✓
Apr 202133022,887 sf$2,650,000✓
Apr 202127022,322 sf$2,055,000✓
Apr 202122022,322 sf$2,010,000✓
Apr 202115022,322 sf$1,624,900✓
Apr 202114022,322 sf$1,668,900✓
Apr 202124012,315 sf$2,130,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 21 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Elysee?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.