Edgewater’s tallest building tops off at 57 stories

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

TRD MIAMI /
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.


Related Articles

arrow_forward_ios
Rendering of Missoni Baia with a concrete truck and Vlad Doronin (Credit: Getty Images and iStock)

5,800-ton concrete pour set for Missoni Baia condo tower

Vlad Doronin and a rendering of Missoni Baia (Credit: Wikipedia Commons and Missoni Baia)

Vlad Doronin, partners score $243M loan for Edgewater tower

Kushner Companies' Charles Kushner and Laurent Morali

Inside Kushner Companies’ $1B expansion into South Florida

Rendering of the Edgewater Holiday Inn pool

Bank OZK lends $28M for Holiday Inn project in Edgewater

Alex Sapir and the site at 1768 Northeast Second Court (Credit: CBRE)

Alex Sapir’s massive Opportunity Zone site in Miami hits the market

Rendering of Crescent Heights’ project with Russell Galbut

Crescent Heights to begin construction of massive Edgewater project

James Harpel and The Bristol in West Palm Beach

South Florida developer pays $8M for condo at the Bristol

Douglas K. Mandel, Elon D. Gerberg, Howard Bregman and Joseph Granteed

Elysee Investments scores Fort Lauderdale retail center for $16M

arrow_forward_ios
Loading...