Edgewater Condos for Sale | Miami Bayfront Luxury Real Estate

The Edgewater Lifestyle

Edgewater delivers what many Miami buyers seek: direct Biscayne Bay views, a residential feel, and immediate access to the city's most exciting neighborhoods. Unlike the density of Brickell or the tourist energy of South Beach, Edgewater offers a quieter waterfront lifestyle while remaining just minutes from everywhere that matters.

The neighborhood is anchored by Margaret Pace Park, an 8-acre bayfront oasis with tennis courts, basketball courts, a dog park, playground, volleyball, outdoor fitness equipment, and walking paths along the water. Residents jog the Baywalk at sunset, launch kayaks from the shore, and enjoy unobstructed views of the Venetian Islands and Miami Beach across the bay.

Location advantages:

• 5 minutes to Wynwood Arts District
• 7 minutes to Miami Design District
• 10 minutes to Downtown Miami
• 15 minutes to South Beach
• 15 minutes to Brickell
• 18 minutes to Miami International Airport

Price Ranges by Property Type

Edgewater offers strong value compared to South Beach, Brickell Key, and other bayfront neighborhoods, with price per square foot averaging $825–$1,100—significantly below Fisher Island ($2,000+) or South of Fifth ($1,325–$4,000).

Who Should (and Shouldn't) Live in Edgewater

New Development Pipeline

Edgewater is experiencing Miami's most concentrated wave of luxury development. These projects are reshaping the neighborhood's skyline:

Notable: Aria Reserve's twin 62-story towers will be the tallest waterfront residential twin towers in the United States upon completion.

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Featured Edgewater Condos & Buildings

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Signature Buildings

Aria Reserve

Aria Reserve is poised to become the tallest waterfront residential twin-tower development in the United States. Rising 62 stories on a 5.2-acre site with 547 feet of Biscayne Bay frontage, the project delivers 782 luxury residences across two identical towers.

Every residence features direct bay views, private elevator entry, and east-west flow-through layouts capturing both sunrise over the Atlantic and sunset over the city. Amenities span 2+ acres including a semi-Olympic lap pool, tennis courts, water sports marina with kayak/paddleboard service, and a signature waterfront restaurant.

Missoni Baia

Missoni Baia is the world's first residential tower branded by the iconic Italian fashion house Missoni. The 57-story tower brings haute couture design to Edgewater's bayfront with interiors featuring Missoni's signature zigzag patterns and vibrant color palette throughout common areas.

The building's minimalist façade, inspired by artists like Josef Albers and Sol LeWitt, appears to shift and shimmer as light changes throughout the day. Residences feature flow-through layouts with 10+ ft ceilings, Gaggenau appliances, and deep terraces overlooking the bay.

Elysee

Elysee set a new standard for boutique luxury when it delivered in 2021. With just 100 residences across 57 stories—no more than two per floor—the tower offers the intimacy of a private building with the amenities of a resort.

Parisian designer Jean-Louis Deniot created interiors inspired by mid-century Miami glamour—geometric patterns, retro furnishings, and a color palette of blue, gray, and off-white. The three-tiered telescoping design ensures every residence has unobstructed 180-degree bay and city views.

Villa Miami (Pre-Construction)

Villa Miami represents the first residential project from Major Food Group, the hospitality powerhouse behind Carbone, Sadelle's, and Contessa. The copper-clad 56-story tower will offer just 70 half-floor and full-floor residences with unprecedented culinary amenities.

Mario Carbone personally designed the chef's kitchens in every residence, while Major Food Group will operate multiple restaurants, bars, and lounges exclusive to residents. The distinctive bronze exoskeleton design echoes One Thousand Museum (from the same development team) while the interiors draw from mid-century Italian villas.

EDITION Residences (Pre-Construction)

EDITION Residences Edgewater will be the first standalone EDITION-branded residential tower in the world. The 55-story tower brings the hospitality brand's signature style to bayfront living.

Edgewater History

Edgewater's transformation from overlooked residential pocket to luxury destination happened rapidly:

The neighborhood continues to benefit from Miami's Baywalk project, which will eventually connect Edgewater's waterfront to Downtown Miami and beyond via a continuous pedestrian promenade.

2025 Market Snapshot

• Median sale price (luxury $1M+): ~$1.6M
• Price per square foot: $902 (Q2 2025, luxury segment)
• Days on market: 90 days average
• Inventory: Low relative to Greater Downtown Miami
• Most expensive neighborhood in Greater Downtown Miami
• Strong value compared to beachfront alternatives

Market dynamics: Edgewater leads Greater Downtown Miami in median sale price while offering significantly better value than South Beach or Brickell Key. The wave of new construction has attracted end-users seeking primary residences rather than investors, creating a more stable ownership base.

Parks & Recreation

Margaret Pace Park

Edgewater's crown jewel is Margaret Pace Park, an 8-acre bayfront oasis at the neighborhood's southern edge. Created in the late 1960s and named for Miami preservationist Margaret Pace, the park underwent a $4 million renovation in 2003 and is slated for additional improvements.

Amenities:

• Tennis courts
• Basketball courts
• Sand volleyball court
• Outdoor fitness equipment
• Children's playground
• Dog park (separate small/large dog areas)
• Kayak and paddleboard rentals
• Paved walking/jogging paths
• Picnic areas with bay views
• Public art installations

The park offers stunning views of the Venetian Islands and Miami Beach, making it a popular spot for morning jogs, sunset watching, and weekend recreation.

Biscayne Baywalk

The ongoing Miami Baywalk project will eventually create a continuous waterfront promenade connecting Edgewater to Downtown Miami, the Arts District, and beyond. Several Edgewater developments (including Aria Reserve) are contributing to Baywalk extensions as part of their projects.

Nearby Attractions

Wynwood (5 minutes)

• Wynwood Walls (world-famous street art)
• Galleries, breweries, restaurants
• Monthly art walks

Miami Design District (7 minutes)

• Luxury shopping (Louis Vuitton, Dior, Prada, Hermès)
• Institute of Contemporary Art (ICA) Miami
• Fine dining (Swan, Dior Café, Michael's Genuine)

Downtown Miami / Arts District (10 minutes)

• Pérez Art Museum Miami (PAMM)
• Frost Museum of Science
• Adrienne Arsht Center for the Performing Arts
• Kaseya Center (Miami Heat, concerts)

Transportation

Drive Times:

• Wynwood: 5 minutes
• Design District: 7 minutes
• Downtown Miami: 10 minutes
• Brickell: 15 minutes
• South Beach: 15 minutes (via Julia Tuttle Causeway)
• Miami International Airport: 18 minutes

Getting Around:

• Walk Score: 87 (Very Walkable)
• Bike-friendly with protected lanes on Biscayne Boulevard
• Metromover accessible from Downtown (short drive)
• Uber/Lyft widely available
• Most buildings offer valet and garage parking

Schools

Edgewater offers convenient access to quality schools across Miami-Dade County:

Public Schools:

• José de Diego Middle School
• Design and Architecture Senior High (DASH)
• iPrep Academy

Private Schools (10-20 minute drive):

• Cushman School (Coconut Grove)
• Ransom Everglades (Coconut Grove)
• Miami Country Day (North Miami)
• Archbishop Curley-Notre Dame High School

Comparison: Edgewater vs Brickell

Frequently Asked Questions About Edgewater Condos

What is the average price of a condo in Edgewater?

The overall median sale price in Edgewater is approximately $730,000 as of late 2025, with the median for luxury condos ($1M+) at $1.6 million. Price per square foot averages $825–$1,100 depending on the building and floor. Entry-level units in older buildings like Opera Tower start around $300K–$450K, while new construction in buildings like Aria Reserve, Missoni Baia, and the upcoming Villa Miami ranges from $800K to over $12M for penthouses.

Is Edgewater a good place to live?

Yes, Edgewater is excellent for buyers seeking bayfront living with new construction options, proximity to Miami's cultural districts (Wynwood, Design District), and a quieter residential feel than Brickell or South Beach. The neighborhood is particularly appealing to families (Margaret Pace Park is popular with kids and dogs), young professionals working in Downtown or Midtown, and buyers seeking appreciation potential in emerging areas. The tradeoffs: dining and nightlife options are still developing (though Villa Miami's Major Food Group restaurants will help), and you're on the bay rather than the beach.

What are the best condo buildings in Edgewater?

Ultra-Luxury / New Construction:

• Aria Reserve (tallest waterfront twins in USA)
• Missoni Baia (first Missoni-branded residences)
• Elysee (boutique 100 units, Jean-Louis Deniot interiors)
• Villa Miami (coming 2027, Major Food Group)
• EDITION Residences (coming 2027)

Established Luxury:

• Paramount Bay
• Gran Paraiso
• Biscayne Beach
• Icon Bay

Value-Oriented:

• Aria on the Bay
• Opera Tower
• 1800 Club

Is Edgewater a good investment?

Edgewater has shown strong appreciation over the past decade, with the neighborhood transforming from overlooked to one of Miami's most sought-after addresses. The influx of branded residences (Missoni, EDITION) and ultra-luxury projects (Villa Miami) is elevating the entire neighborhood. Key investment considerations:

Pros: Lower price per square foot than comparable bayfront areas, wave of new luxury development, strong rental demand from young professionals, proximity to Wynwood/Design District.

Cons: Some older buildings (like Opera Tower) face maintenance challenges, short-term rental restrictions in most luxury buildings, still-developing retail/dining scene.

Are there new developments coming to Edgewater?

Yes—Edgewater has one of Miami's most active development pipelines:

• Aria Reserve North Tower (391 units, 2026)
• EDITION Residences (185 units, 2027)
• Villa Miami (70 units, 2027)
• Cove Miami (116 units, 2028)
• Edge House Miami (608 units, 2028)
• Aria Reserve Skyclub (49 stories, announced)

The neighborhood is adding thousands of luxury units over the next few years, with limited remaining waterfront parcels making current and near-term projects particularly valuable.

What is Margaret Pace Park?

Margaret Pace Park is an 8-acre bayfront park at the southern end of Edgewater, named for Miami preservationist Margaret Pace. The park features tennis courts, basketball courts, sand volleyball, a playground, dog park, outdoor fitness equipment, and kayak/paddleboard rentals. It offers stunning views of Biscayne Bay, the Venetian Islands, and Miami Beach. The City of Miami unveiled a master plan in 2023 for multi-phase renovations including shoreline improvements, new seawalls, and enhanced amenities.

How does Edgewater compare to Brickell?

Edgewater offers a more residential, family-friendly atmosphere with better waterfront access and abundant new construction. Brickell provides a more urban, walkable lifestyle with extensive dining, nightlife, and retail. Edgewater's price per square foot ($825–$900) is comparable to Brickell ($937), but Edgewater offers more new luxury inventory. Choose Edgewater for parks, bay views, and new construction; choose Brickell for restaurants, nightlife, and urban conveniences.

Can I walk to restaurants from Edgewater?

Edgewater's dining scene is still developing, though improving. Within the neighborhood, options include waterfront cafes and casual spots near Margaret Pace Park. However, the real appeal is proximity to Miami's best dining districts: Wynwood (5 minutes by car/Uber) and the Design District (7 minutes) offer world-class restaurants. Villa Miami's Major Food Group restaurants (opening 2027) will add significant dining options directly in Edgewater.

Are short-term rentals allowed in Edgewater?

Most luxury buildings in Edgewater restrict short-term rentals, typically requiring minimum lease terms of 3-12 months. Exceptions exist: the upcoming Edge House Miami is designed specifically for short-term rental flexibility. Always verify rental policies with individual building associations before purchasing for investment purposes.

How far is Edgewater from the beach?

Edgewater is on Biscayne Bay, not the Atlantic Ocean. The nearest beaches are in South Beach, approximately 15 minutes by car via the Julia Tuttle Causeway (I-195). While you won't walk to the beach from Edgewater, you do have direct bayfront access, water sports (kayaking, paddleboarding), and spectacular water views.

What views are available in Edgewater?

Edgewater's east-west orientation offers two distinct view types:

• East (Bay): Biscayne Bay, Venetian Islands, Miami Beach skyline, Atlantic Ocean, sunrise
• West (City): Downtown Miami skyline, Wynwood, mountains of western Miami-Dade at sunset

The most desirable units are "flow-through" designs (like Aria Reserve and Elysee) that capture both bay and city views from opposite sides of the residence.

Is Edgewater safe?

Yes, Edgewater is generally considered safe, particularly in the newer luxury developments which feature 24-hour security, controlled access, and valet parking. The neighborhood has benefited from significant investment and gentrification over the past decade. Margaret Pace Park is well-maintained and popular with families. As with any urban area, standard precautions apply.

What is the Paraiso District?

The Paraiso District is a four-tower luxury development by Related Group in northern Edgewater, comprising Gran Paraiso, One Paraiso, Paraiso Bay, and Paraiso Bayviews. The development transformed this section of Edgewater into a cohesive luxury enclave with shared bayfront access and resort-style amenities.

Surrounding Neighborhoods

Other surrounding neighborhoods include Downtown Miami, Brickell, Wynwood, Midtown, and the Design District.

Ready to Find Your Edgewater Home?

Whether you're searching for a pre-construction opportunity at Aria Reserve, a branded residence at Missoni Baia, or a resale in one of Edgewater's established towers, our team can help you navigate this rapidly evolving market.

Manhattan Miami Real Estate

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Related Resources

• Luxury Apartments Miami
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• Can Foreigners Buy Property in the USA?
• Brickell Condos for Sale
• South of Fifth Condos for Sale

About the Author

Anthony Guerriero is the founder and principal broker of Manhattan Miami Real Estate, a luxury residential brokerage specializing in Manhattan and Miami. Licensed in New York, Florida, and California, Anthony has over a decade of experience serving buyers in South Florida's most competitive markets. Manhattan Miami Real Estate serves clients throughout Miami-Dade County from our Miami Beach office at 1688 Meridian Avenue.

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This page is for informational purposes only. Prices and availability subject to change. Contact Manhattan Miami Real Estate for current listings and market data.