Edgewater’s tallest building tops off at 57 stories

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
Placeholder image

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Jon Paul Perez and Russell Galbut with renderings of the projects

Related, Crescent Heights and Melo Group seek approval for Miami projects

Related, Crescent Heights and Melo Group seek approval for Miami projects
The sales center, David Restainer and Reid Boren

Two Roads Development lists Elysee sales center for $6M

Two Roads Development lists Elysee sales center for $6M
Aria on the Bay with Carlos Melo of the Melo Group and Bernardo Fort-Brescia from Arquitectonica

Melo’s Aria on the Bay allegedly plagued with construction defects: lawsuit

Melo’s Aria on the Bay allegedly plagued with construction defects: lawsuit
Hamilton on the Bay and listing broker Rani Hussami

Apartment giant Aimco buys waterfront Hamilton on the Bay tower in Edgewater

Apartment giant Aimco buys waterfront Hamilton on the Bay tower in Edgewater
Rendering of the project and Russell Galbut

Crescent Heights hits a snag with plan to develop high-rise Edgewater project

Crescent Heights hits a snag with plan to develop high-rise Edgewater project
(Credit: iStock)

Luxury condo prices drop in downtown Miami amid lockdown

Luxury condo prices drop in downtown Miami amid lockdown
Biscayne Beach

Lawsuit accuses Biscayne Beach developer and construction firms of shoddy work

Lawsuit accuses Biscayne Beach developer and construction firms of shoddy work
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...