$7,695,000
788 NE 23rd Street 5501
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $7,695,000
- Price per sq ft
- $1,980
- Original price
- Unchanged
- Days on market
- 145
This 4-bedroom condo in Nancy Terrace is listed at $7,695,000, or $1,980 per square foot. It has been on the market for 145 days.
Estimated monthly payment
$40,441 /mo
Principal and interest only, based on $1,539,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $6,571/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $7,695,000
- Days on Site
- 145 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 3,887 sqft
- Total Sq Ft
- 4,597 sqft
- Year Built
- 2021
- Property Type
- Condo
- MLS #
- A11963315
- Property Tax
- $55,120 (2025)
- HOA Fees
- $6,571 / Monthly
- Subdivision
- NANCY TERRACE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2021
- Property Condition
- Resale
- Number of Stories
- 57
- Garage Spaces
- 2
- Parking
- Valet
- Living Sq Ft
- 3,887
- Total Sq Ft
- 4,597
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Microwave / Oven / Refrigerator / Trash Compactor / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Wood
- Interior Features
- Wet Bar / Built In Features / Bathtub / Closet Cabinetry / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / Pantry / Sitting Area In Primary / Storage / Soaking Tub / Separate Shower / Bar / Walk In Closets
- Windows
- Blinds
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- View
- Bay / City / Water
Community & HOA
- HOA Fee
- $6,571 / Monthly
- HOA Includes
- Common Areas / Hvac / Internet / Maintenance Structure / Pest Control / Trash / Water
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Cabana / Clubhouse / Fitness Center / Maintenance Grounds / Hobby Room / Library / Management / Picnic Area / Playground / Pool / Parking / Sauna
- Security
- Security System / Elevator Secured / Fire Alarm / Fire Sprinkler System / Key Card Entry / Lobby Secured / Smoke Detectors
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $6,571 a month, in line with the $6,726 median across 3 homes for sale in Nancy Terrace. See Nancy Terrace HOA fees
Schools
- Elementary School
- Phillis Wheatley
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
Nancy Terrace is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $4,300,000 to $7,700,000. Pure Equity lists homes in Nancy Terrace and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Under Contract
- 1
- Median List Price
- $7,695,000
- Median $/Sq Ft
- $1,411
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 788 NE 23rd Street 5501, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 788 NE 23rd Street 5501, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 788 NE 23rd Street 5501, Miami, FL 33137 still available?
- 788 NE 23rd Street 5501, Miami, FL 33137 is currently listed as Active, and has been on the market 145 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 788 NE 23rd Street 5501, Miami, FL 33137?
- With 20% down ($1,539,000) on the $7,695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 788 NE 23rd Street 5501, Miami, FL 33137 is about $40,441/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 788 NE 23rd Street 5501, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 788 NE 23rd Street 5501, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 788 NE 23rd Street 5501, Miami, FL 33137 have an HOA fee?
- Yes: 788 NE 23rd Street 5501, Miami, FL 33137 carries an HOA fee of about $6,571 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 788 NE 23rd Street 5501, Miami, FL 33137?
- 788 NE 23rd Street 5501, Miami, FL 33137 is zoned for Phillis Wheatley (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 788 NE 23rd Street 5501, Miami, FL 33137?
- Often, yes. The right offer on 788 NE 23rd Street 5501, Miami, FL 33137 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$7,695,000
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Listed by Lourdes M Alatriste, Douglas Elliman
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Recent Sales
Recently sold homes in Nancy Terrace
These are the last 6 recorded closings in Nancy Terrace, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,087 per square foot. The most recent closed on June 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,850,000
Sold · June 1, 2026
788 NE 23rd Street 2301
3 bed · 4.5 bath · 2,743 sqft · $1,039/sqft
$145,000 under the asking price
Sold$2,720,000
Sold · May 8, 2026
788 NE 23rd Street 2001
4 bed · 4.5 bath
$130,000 under the asking price
Sold$3,600,000
Sold · March 26, 2026
788 NE 23rd Street 3301
4 bed · 5.5 bath · 3,298 sqft · $1,092/sqft
$1,399,999 under the asking price
Sold$2,800,000
Sold · March 18, 2026
788 NE 23rd Street
4 bed · 4.5 bath · 2,743 sqft · $1,021/sqft
$150,000 under the asking price
Sold$3,600,000
Sold · March 9, 2026
788 NE 23rd Street 4102
3 bed · 3.5 bath · 3,313 sqft · $1,087/sqft
$350,000 under the asking price
Sold$3,020,000
Sold · December 8, 2025
788 NE 23rd Street 2901
3 bed · 4.5 bath · 2,315 sqft · $1,305/sqft
$280,000 under the asking price
See every recorded sale in Nancy Terrace or find out what your Nancy Terrace home is worth.
