$19,999,999
788 NE 23rd Street 5701
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $19,999,999
- Price per sq ft
- $1,411
- Original price
- Unchanged
- Days on market
- 53
This condo in Nancy Terrace is listed at $19,999,999, or $1,411 per square foot. It has been on the market for 53 days.
Estimated monthly payment
$105,109 /mo
Principal and interest only, based on $4,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $25,946/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $19,999,999
- Days on Site
- 53 Days
- Bedrooms
- 0
- Total Baths
- 0
- Full Baths
- 0
- Partial Baths
- 0
- Living Area
- 14,179 sqft
- Total Sq Ft
- 20,611 sqft
- Year Built
- 2021
- Property Type
- Condo
- MLS #
- A12060998
- Property Tax
- $387,644 (2025)
- HOA Fees
- $25,946 / Monthly
- Subdivision
- NANCY TERRACE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
First time offered to the public. Perched atop the prestigious Elysee Miami, this extraordinary 14,179-sqft penthouse presents a rare opportunity to create a truly one-of-a-kind residence within one of Miami's most exclusive boutique waterfront buildings. With only 94 residences, Elysee offers an unparalleled level of privacy, personalized service, and sophistication rarely found among Miami's luxury high-rises.Delivered as an open canvas, the penthouse comes with thoughtfully prepared architectural designs envisioning an exceptional lifestyle, including a spectacular private rooftop retreat with an infinity-edge pool, spa, sauna, fitness studio, expansive primary suite, and four breathtaking terraces totalling 20,662 sqft. Encompassing an impressive 14,179 sqft and complemented by two private storage units, this exceptional residence offers an unparalleled canvas to design and personalize every detail, creating a truly bespoke home tailored to your vision.Framed by sweeping panoramic views of Biscayne Bay, the Atlantic Ocean, and the glittering Miami skyline, every space is designed to maximize natural light and showcase the breathtaking scenery. Whether you choose to bring the existing vision to life or create your own architectural masterpiece, this residence offers the ultimate opportunity to craft a legacy home in one of Miami's most coveted addresses, where boutique luxury, world-class amenities, and timeless design come together seamlessly.**RENDERINGS**
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2021
- Number of Stories
- 57
- Garage Spaces
- 4
- Parking
- Valet
- Living Sq Ft
- 14,179
- Total Sq Ft
- 20,611
Interior Features
- Cooling
- None / Other
- Heating
- None / Other
- Flooring
- Other
- Interior Features
- Bedroom On Main Level / Elevator
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- Patio & Porch
- Open / Porch / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None / Other
- View
- Bay / Pool / Skyline / Water
Community & HOA
- HOA Fee
- $25,946 / 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 / Elevators
- Security
- Security System / Elevator Secured / Fire Alarm / Key Card Entry / Lobby Secured
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $25,946 a month, 286% above 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
- 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 5701, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 788 NE 23rd Street 5701, 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 5701, Miami, FL 33137 still available?
- 788 NE 23rd Street 5701, Miami, FL 33137 is currently listed as Active, and has been on the market 53 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 5701, Miami, FL 33137?
- With 20% down ($4,000,000) on the $19,999,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 788 NE 23rd Street 5701, Miami, FL 33137 is about $105,109/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 5701, 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 5701, 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 5701, Miami, FL 33137 have an HOA fee?
- Yes: 788 NE 23rd Street 5701, Miami, FL 33137 carries an HOA fee of about $25,946 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 5701, Miami, FL 33137?
- 788 NE 23rd Street 5701, 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 5701, Miami, FL 33137?
- Often, yes. The right offer on 788 NE 23rd Street 5701, 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 August 1, 2026.
$19,999,999
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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.
