ELLE Residences Miami

Location & neighborhood

ELLE Residences Miami is rising at 3618 NE 5th Avenue in Edgewater, one of Miami's fastest-growing neighborhoods along the Biscayne Bay corridor between Downtown and the Design District. Edgewater blends a laidback bayside ambiance with rapid urban development, walkable parks, and quick access to Wynwood's galleries, Midtown's shopping, and Brickell's financial core. For a fashion-and-lifestyle brand debuting in real estate, Edgewater's mix of creativity and waterfront living is an intentional match.

Architecture & design

The approximately 25-story tower is designed by Miami-based Behar Font & Partners, whose modernist facade of reflective surfaces and wraparound terraces with glass railings is conceived to read as a "beacon" on the Edgewater skyline. Interiors are curated by The One Atelier in collaboration with ELLE, translating the Parisian elegance of ELLE DECOR into the residences and amenity spaces — the brand's first foray into branded living anywhere in the world.

Residences & finishes

ELLE Residences offers roughly 180 turnkey homes in one- and two-bedroom layouts plus a collection of penthouses, ranging from about 450 to 845 square feet (42–79 m²). Each is delivered fully furnished and finished in the ELLE DECOR aesthetic, emphasizing sustainable materials and eco-friendly practices consistent with The One Atelier's ethos. Because units are turnkey and rental-unrestricted, they are designed to function equally as pieds-à-terre and as income-generating investments.

Amenities & lifestyle

Amenities span two dedicated levels and include a state-of-the-art gym, an outdoor fitness lawn, a meditation garden, a spa, a rooftop swimming pool, and a residents-only lounge, complemented by roughly 7,290 square feet of ground-floor retail. Parking uses space-efficient vehicle lifts across 121 spaces. The overall program is curated to deliver a stylish, wellness-oriented lifestyle aligned with the ELLE brand.

Price, payment plan & delivery

Entry pricing has been published from roughly $525,000 for the smallest one-bedroom residences (some listings cite starting points nearer $590K–$626K as inventory shifts), with two-bedrooms from around $1 million and penthouses at the top of the range. The average price per square foot is approximately $1,350. A typical Miami pre-construction deposit schedule applies (20% at contract, staged installments through groundbreaking, amenity floor, and top-off, with 50% due at closing). Delivery is targeted for roughly 2027–2028 (one source cites 1Q 2028).

Developer, architect & brand

ELLE Residences is developed by Vertical Developments — a Peru-based conglomerate with roughly 35 years of development experience — together with Urban Network Capital Group (UNCG), a South Florida-focused firm with a multi-decade track record and over $2 billion in transactions. The project operates under a residential licensing agreement with ELLE (a Lagardère lifestyle brand); Fortune Development Sales handles marketing.

International investment rationale

ELLE Residences targets investors and lifestyle buyers seeking a globally recognized brand at an accessible price point, with no rental restrictions — a rare combination in the branded-residence category. The turnkey furnishing package removes friction for overseas owners, while Edgewater's bayfront location, rapid appreciation, and Florida's tax environment support the case. As the brand's debut project, it offers first-mover positioning within the ELLE residential concept.