ELLE Residences Miami Location & Neighborhood
3618 NE 5th Avenue, Miami, FL 33137
The Neighborhood
What's within reach.
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Miami Design District Minutes away1.0 mi
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Wynwood Short drive2.0 mi
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Brickell City Centre Short drive4.0 mi
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Miami Beach Short drive across causeway4.0 mi
Life at ELLE Residences Miami
Edgewater is Miami's emerging luxury waterfront neighborhood — situated between Downtown Miami and the Design District along Biscayne Bay. ELLE Residences brings Parisian editorial sophistication to a neighborhood already attracting branded residences from EDITION, Missoni, and other global fashion-meets-real-estate partnerships.
First-Ever ELLE Residential
ELLE Residences Miami is the first residential building ever branded by the ELLE fashion and lifestyle brand — extending the 80-year-old French publication into real estate after prior expansions into cafes, beauty salons, spas, and hotels.
The One Atelier Interiors
Interior curation by The One Atelier — the same firm behind real estate collaborations with Dolce&Gabbana, Fendi Casa, and Karl Lagerfeld. Sophisticated European elements throughout.
Home-Sharing Approved
Full home-sharing capability with onsite fully managed rental program — designed for hands-off investing. Owners can list on Airbnb, VRBO, or use the building's managed program.
French Riviera-Inspired Sundeck
Standout amenities include a French Riviera-inspired sundeck with resort-style pool and private cabanas, an ultra-luxe spa with steam, sauna, cold plunge, and Himalayan Salt Wall.
Edgewater Position
Located at 3618 NE 5th Avenue on a half-acre site fronting NE 36th Street and I-195 — minutes from Miami Design District, Brickell City Centre, Wynwood, beaches, and Miami International Airport.
ELLE Residences Miami Investment & Market Outlook
Why Edgewater Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Edgewater specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like ELLE Residences Miami typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Edgewater pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. ELLE Residences Miami follows the Edgewater market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at ELLE Residences Miami
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
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02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
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03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
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04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
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05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
ELLE Residences Miami FAQs
Answers to the most common questions about ELLE Residences Miami pricing, amenities, and policies. For anything else, our team is here to help.
How much do ELLE Residences Miami cost?
ELLE Residences pricing starts at $525,000 for studios. Premium one-bedrooms with wraparound balconies from $675K. Two-bedroom layouts from $850K. Top-floor penthouses from $1.5M+. Reserve with 20% down.
Who developed ELLE Residences?
ELLE Residences is co-developed by Vertical Developments (led by CEO Fernando de Nuñez y Lugones — former development sales executive at One Sotheby's International Realty and Fortune International Group) and Urban Network Capital Group (led by CEO Robert Thorne). The developers have a licensing agreement with Lagardère News (the French parent company of the ELLE brand).
Who designed ELLE Residences?
Architecture by Behar Font & Partners (also responsible for River District 14, Avenia Aventura, Okan Tower). Interior curation by The One Atelier — the firm behind real estate collaborations with Dolce&Gabbana, Fendi Casa, and Karl Lagerfeld.
Are short-term rentals allowed?
Yes — ELLE Residences fully permits short-term rentals with an onsite fully managed rental program for hands-off investing. Owners can use Airbnb, VRBO, or the building's managed program.
Is this connected to ELLE magazine?
Yes — ELLE Residences Miami is the first residential building branded by ELLE through a licensing agreement with Lagardère News, the French parent of the ELLE fashion and lifestyle brand. The brand has previously expanded into cafes, beauty salons, spas, and hotels — this is its first residential venture.
When will ELLE Residences be completed?
Delivery is anticipated for 2028.
How many residences does ELLE Residences have?
180 fully furnished, move-in-ready turnkey units across 25 stories. Two floors are dedicated to amenities. Layouts include one- and two-bedroom plus penthouses, 450-855 sq ft.
What's included in each residence?
Fully furnished move-in-ready delivery, sophisticated European elements throughout, contemporary lighting, wraparound balconies (select units), premium The One Atelier interior package, sophisticated finishes reflecting ELLE DECOR aesthetic.
