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Waterfront · Condominium
$2,950,000$1,075 / sqft
788 NE 23rd St # 2102, Miami FL 33137
Listed
3
Bedrooms
5
Bathrooms
2,743 sqft
Interior
2021
Year built
$4,373 / mo
HOA
Condominium
Type
About this home
Exquisite 3 bedroom + DEN (4th Bed) waterfront residence at Elysee ideally situated along Biscayne Bay in the Edgewater Miami neighborhood offering sheer sophistication with a modern flair. A private elevator & foyer lead you into this bespoke flow-through unit offering 2,743 sf of indoor living that seamlessly connects to 2 private sunrise & sunset terraces with sweeping water & skyline views. This unit features a great room, den/office (4th bedroom), Chef’s kitchen with gas cooking & Wolf/Sub-Zero appliances & spa-inspired bathrooms. Elysee offers 3 floors of unparalleled amenities including a bayfront social lounge, sunrise pool, 75-ft lap pool, pool bar, gym, spa, blow-dry bar, kid’s playroom, business center, catering kitchen, formal dining room, onsite concierge & robotic parking.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,250–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.