Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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86 photos

788 23rd St #3801

Miami, FL 33137

$5,775,000
5
5.5
3,966 sq ft
2021
2 car
Condominium
$6,535/mo
Yes
176
Active Under Contract

Listing courtesy of Coldwell Banker Realty (Sophia Howard). Contact: [email protected].

About this home

Breathtaking 180-degree views of the open bay, Downtown Miami skyline, and the Atlantic Ocean define this exceptional residence at Elysee Miami. A private elevator entry opens directly into 3,966 total square feet of updated living space, offering a refined expression of modern luxury. This fully remodeled 5-bedroom, 5.5-bath home features bright, expansive interiors, soaring ceilings, and two oversized terraces capturing sunrise and sunset views. The residence is appointed with a full Savant smart home system controlling lighting, audio, climate, and shading, along with Waterworks fixtures and Sub-Zero and Wolf appliances throughout. The fifth bedroom is currently configured as a den and can be easily converted back to a full bedroom. Elysee Miami offers boutique living with only two residences per floor and fewer than 100 total homes. Amenities include sunrise and sunset pools, fitness center, spa, yoga studio, children’s playroom, and resident lounge. Full-service building with 24-hour concierge, security, and valet. Ideally located in Edgewater, minutes from the Design District, Midtown, Wynwood, Downtown, and Miami Beach.

What it costs to own
Estimated monthly payment
$48,180/mo
Principal and interest
$29,202
Property tax
$8,835
Homeowners insurance
$3,608
HOA
$6,535

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$106,017/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$6,535/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.