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Buildings/Miami/ELYSEE

Luxury

ELYSEE

788 NE 23, Miami

For Sale

$2.8M

Avg Price

$1,087

Sale $/SF

—

For Rent

—

Avg Rent

$7.29

Rent $/SF

+21.6%

YoY

For Sale

For Rent

Investor-Owned

—

Avg HOA

$4,359/mo

Elysee is a residential building located in the Edgewater neighborhood of Miami at 788 NE 23rd Street. Currently featuring units available for sale in the $2.7-2.8 million range, the building serves the vibrant Edgewater community.

Building Details

Address

788 NE 23, Miami

Neighborhood

Miami

Tier

Luxury

Avg $/SF

$1,086.63

Rent $/SF

$7.29/SF

HOA Range

$4,359 – $4,359

Neighborhood Rank

Top 5%

Total Sales (All-Time)

Amenities

ElevatorLobbyParking

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation+21.6%

Total Yield21.6%

Liquidity & Demand

Closed Sales (120d)1

Days on Market71 days

Months of Inventory4.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

For Sale2

For Rent0

Top 5%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$1,087

Rental Price Trend ($/SF)

$0.00

Building Activity

Days on Market

days

Normal pace

Months of Inventory

4.0

months

Balanced

Sale-to-List Ratio

91.1%

Buyers negotiating

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (2)

$2.7M

Unit 2101

3 bd5 ba2,743 sf

$984/SF138 DOM

$2.9M

Unit 2001

4 bd6 ba

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 9, 2026	$3.6M	$1,086.63	3/4	3,313
Mar 31, 2022	$3.0M	$1,075.46	3/—	2,743
Mar 15, 2022	$3.1M	$932.05	4/—	3,326
Mar 8, 2022	$2.9M	$860.25	3/—	3,313
Mar 1, 2022	$3.0M	$920.62	3/—	3,313
Dec 17, 2021	$2.4M	—	3/—	—
Sep 21, 2021	$3.0M	$909.64	4/—	3,298
Jul 30, 2021	$2.6M	$966.1	3/—	2,743
Jul 23, 2021	$2.9M	$860.25	3/—	3,313
Jul 21, 2021	$3.8M	$975.05	4/—	3,887