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$4,650,000

Beds
4
Baths
4.5
sq ft
3,891

788 NE 23rd St Unit 4602, Miami, FL 33137

788 NE 23rd St Unit 4602

Miami, FL 33137

  • 242 days on market
    • Price drop $145,000↓
Exquisite waterfront residence at Elysee ideally situated along Biscayne Bay in the Edgewater Miami neighborhood offering sheer sophistication with a modern flair. A private elevator & foyer lead you into this bespoke flow-through unit offering nearly 4,000sf of indoor living that seamlessly connects to 2 private sunrise & sunset terraces (patio furniture included) with sweeping water & skyline views. This unit features 4 bedrooms, 4.5 bathrooms, great room, library, staff lounge & Chef's kitchen with gas cooking & Wolf/Sub-Zero appliances. Elysee offers 3 floors of unparalleled amenities including a bayfront social lounge, sunrise pool, 75' lap pool, pool bar, gym, spa, blow-dry bar, kid's playroom, business center, catering kitchen, formal dining room, onsite concierge & robotic parking.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$1,196

Year built

2021

Annual property taxes

$64,663

Monthly HOA fee

$5,312

Price History

07/01/2024
SEF

SEF #A11528943

Price change
$4,650,000
-3.02%
06/14/2024
SEF

SEF #A11528943

Price change
$4,795,000
-3.13%
05/02/2024
SEF

SEF #A11528943

Price change
$4,950,000
-6.16%

Schools & Community

Neighborhood: 

Wynwood - Edgewater

Elementary school: 

Wheatley; Phyllis

Middle school: 

de Diego; Jose

High school: 

Washington; Brooker T

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,375,733
Asking price
$4,650,000
Closing costs (~8% of asking)
-$372,000
Est. remaining loan balance
-$1,902,267
Cash to seller
$2,375,733

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citibank Na

Loan start date

March 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,902,267

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Edward S Weisfelner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/06/2024 at 4:25 AM

Listing updated: 09/30/2024 at 5:38 PM

Listed by: Michael Light, Douglas Elliman Phone #: (305) 695-6070

MLS: SEF #A11528943

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