Edgewater’s tallest building tops off at 57 stories

Condos range from $1.8M to more than $10M

Dec.December 10, 2019 08:45 AM
Elysee building at 788 Northeast 23rd Street

Elysee building at 788 Northeast 23rd Street

The tallest building in Miami’s Edgewater neighborhood topped off construction at 57 stories high and 649 feet tall.

Two Roads Development’s waterfront Elysee condominium at 788 Northeast 23rd Street is scheduled for completion in 2020.

Designed by architect Bernardo Fort-Brescia of Arquitectonica, Elysee’s multi-tiered facade allows the building to get wider as it gets taller. The building overlooks Biscayne Bay and sits just north of downtown Miami.

Units are priced from about $1.8 million to north of $10 million. The 100 half-floor and full-floor condos range from three- to six-bedrooms between 2,200 and 6,000 square feet in size, according to a press release.

The lobby level will include a lounge and a waterfront pool, while the seventh-floor amenity level will be stocked with a resort-size “sunset” lap pool, a fitness center and yoga studio, a spa with private sauna, steam and massage rooms, a blow-dry bar and a children’s playroom.

In July, an 11,600-square-foot, three-story penthouse sold for $12.8 million – marking the highest price paid for a condo in Edgewater. In January, Douglas Elliman took over sales of the luxury condo tower from Cervera Real Estate at 50 percent sold.

In August 2018, Two Roads Development secured a $138 million construction loan from JPMorgan Chase.

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