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Condominium at 788 NE 23rd St # 5501, Miami FL 33137Active
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Waterfront · Condominium
$7,695,000$1,980 / sqft

788 NE 23rd St # 5501, Miami FL 33137

4
Bedrooms
6
Bathrooms
3,887 sqft
Interior
2021
Year built
$6,571 / mo
HOA
Condominium
Type

About this home

Spectacular 180-views of Downtown Miami, open bay, and ocean from this turnkey residence at Elysee Miami. Private elevator entry opens to nearly 4,000 SF of impeccably curated living space with deep terraces and unobstructed panoramic vistas through 10’ floor-to-ceiling glass. Italian-designed interiors featuring custom Minotti furnishings, Dekton Taj Mahal slab flooring throughout, and LED-lit gallery corridor. The property features a Lutron system, Sonos, and KEF built in speakers. Eat-in chef’s kitchen with Miele appliances, Calacatta marble slab walls, Italkraft cabinetry, and Dekton countertops. Primary suite with laser-cut walnut wood detailing and custom Ornare dressing room with Kreon lighting. Family room with Ornare bar (convertible to bedroom 4) and glass-enclosed office. A rare opportunity for refined bayfront living. When only the best will do at Elysee

Features

  • Lobby
  • First Floor Entry
  • Bar
  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Fire Sprinklers
  • Entrance Foyer
  • Pantry
  • Walk-In Closet(s)
  • Wet Bar
  • Den/Library/Office
  • Family Room
  • Great Room
  • Storage
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$45,481

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$38,910
HOA
$6,571 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.