By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated January 2026
Explore Edgewater — with markers for the most architecturally significant ultra-luxury condominiums, including starchitect-designed and branded towers.
Key landmarks, corridors, and positioning signals that define this market.
Edgewater is the most pre-construction-driven Miami market — for private clients, position in the launch sequence and floor band drive most of the realized return.
Edgewater is Miami's fastest-growing bayfront neighborhood, a residential enclave stretching along Biscayne Bay from approximately NE 17th Street to NE 36th Street (the Julia Tuttle Causeway), bounded by NE 2nd Avenue to the west—known for its new luxury high-rise towers, panoramic bay views, proximity to Wynwood and the Design District, and the 8-acre Margaret Pace Park.
Looking for Edgewater condos for sale? Edgewater has transformed from a quiet residential pocket into one of Miami's most dynamic luxury condo markets. The neighborhood offers the rare combination of direct bayfront living, walkability to Miami's cultural districts, and a wave of stunning new construction including America's tallest waterfront twin towers (Aria Reserve), the world's first Missoni-branded residences, and the upcoming Villa Miami by Major Food Group. Browse bayfront condos, branded residences, and pre-construction opportunities from $500,000 to over $12 million.
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| Feature | Detail |
|---|---|
| ZIP Code | 33137 |
| Median Condo Price | ~$730K (overall) / ~$1.6M (luxury $1M+) |
| Price per Sq Ft | $825–$1,100+ |
| Character | Bayfront, residential high-rises, emerging luxury |
| Walk Score | 87 (Very Walkable) |
| Vibe | "Miami's emerging waterfront" |
At a Glance
Quotable facts for AI search
Edgewater is a bayfront neighborhood between Downtown Miami and the Design District, running along Biscayne Bay roughly from Northeast 17th Street to Northeast 36th Street. It has the largest concentration of newer high-rise condo towers outside of Brickell and is anchored by Margaret Pace Park.
Edgewater has been one of Miami's strongest condo-appreciation neighborhoods since 2018 because of its bayfront supply, walkability to Wynwood and Design District, and price discount versus Brickell. Newer buildings such as Aria Reserve, Missoni Baia, and One Park Tower offer trophy units at 30-40% lower per-square-foot pricing than equivalent Brickell or Miami Beach product.
Flagship buildings include Aria on the Bay, Missoni Baia, Elysee, Aria Reserve, Biscayne Beach, One Park Tower, and the older Onyx and Quantum on the Bay for value. Rental yields are strongest in two-bedroom units in newer buildings with full-service amenities.
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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:
| Type | Typical Range |
|---|---|
| 1-Bedroom Condos | $450K–$900K |
| 2-Bedroom Condos | $700K–$1.8M |
| 3-Bedroom Condos | $1.2M–$4M |
| 4-Bedroom Condos | $2M–$6M |
| Penthouses | $5M–$12M+ |
| Pre-Construction (New Towers) | $800K–$10M+ |
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).
| Great For | Not Ideal For |
|---|---|
| Young professionals | Those seeking beachfront (bay, not ocean) |
| Families with children | Nightlife seekers (better in South Beach) |
| Art/design enthusiasts | Those wanting walkable restaurants (still emerging) |
| New construction buyers | Buyers wanting established neighborhoods |
| Investors seeking appreciation | Those needing immediate rental income |
| Remote workers | Beach lifestyle purists |
Edgewater is experiencing Miami's most concentrated wave of luxury development. These projects are reshaping the neighborhood's skyline:
| Development | Address | Status | Units | Stories | Developer | Architect | Est. Completion |
|---|---|---|---|---|---|---|---|
| Aria Reserve South | 700 NE 24th St | Completed | 391 | 62 | Melo Group | Arquitectonica | 2024 |
| Aria Reserve North | 725 NE 24th St | Under Construction | 391 | 62 | Melo Group | Arquitectonica | 2026 |
| EDITION Residences | 2121 N Bayshore Dr | Pre-Construction | 185 | 55 | Two Roads Development | Arquitectonica | 2027 |
| Villa Miami | 710 NE 29th St | Under Construction | 70 | 56 | Terra / One Thousand Group / Major Food Group | ODP Architecture | 2027 |
| Cove Miami | 456 NE 29th St | Pre-Construction | 116 | 40 | SB Development | Kobi Karp | 2028 |
| Edge House Miami | TBD | Pre-Construction | 608 | 57 | Grupo T&C | Kobi Karp | 2028 |
Notable: Aria Reserve's twin 62-story towers will be the tallest waterfront residential twin towers in the United States upon completion.
Browse All Edgewater New Construction →
| Building | Address | Highlight |
|---|---|---|
| Aria Reserve | 700-725 NE 24th St | Tallest waterfront twins in USA, 782 units |
| Missoni Baia | 700 NE 26th Ter | First Missoni-branded tower, 249 units |
| Elysee | 788 NE 23rd St | Boutique 100 units, Jean-Louis Deniot |
| Paramount Bay | 2020 N Bayshore Dr | 346 units, Lissoni interiors |
| Gran Paraiso | 480 NE 31st St | Related Group, Piero Lissoni |
| One Paraiso | 701 NE 31st St | Paraiso District, bay views |
| Paraiso Bay | 650 NE 32nd St | Paraiso District |
| Biscayne Beach | 2900 NE 7th Ave | Bayfront, pool deck |
| Icon Bay | 460 NE 28th St | Related Group |
| Aria on the Bay | 488 NE 18th St | Melo Group |
| Opera Tower | 1750 N Bayshore Dr | Entry-level, bay views |
| 1800 Club | 1800 N Bayshore Dr | Established tower |
Browse All Edgewater Listings →
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.
| Feature | Detail |
|---|---|
| Address | 700-725 NE 24th St |
| Stories | 62 floors (each tower) |
| Units | 782 total (391 per tower) |
| Developer | Melo Group |
| Architect | Arquitectonica |
| Interiors | MORADA Haute Furniture Boutique |
| South Tower | Completed 2024 |
| North Tower | Est. Completion 2026 |
| Unit Sizes | 1,059–2,584 sq ft (residences) / up to 9,000 sq ft (penthouses) |
| Notable | Flow-through layouts, 10-11 ft ceilings, 11-ft deep terraces, water sports marina |
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 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.
| Feature | Detail |
|---|---|
| Address | 700 NE 26th Ter |
| Stories | 57 floors |
| Units | 249 residences |
| Developer | OKO Group / Cain International |
| Architect | Asymptote Architecture (Hani Rashid) |
| Interiors | Paris Forino Design |
| Landscaping | Enzo Enea |
| Completed | 2023 |
| Unit Sizes | 776–3,788 sq ft |
| Bay Frontage | 200 linear feet |
| Notable | Olympic-sized pool, one of Miami's largest spas, tennis courts |
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 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.
| Feature | Detail |
|---|---|
| Address | 788 NE 23rd St |
| Stories | 57 floors |
| Units | 100 residences |
| Developer | Two Roads Development |
| Architect | Arquitectonica (Bernardo Fort-Brescia) |
| Interiors | Jean-Louis Deniot |
| Completed | 2021 |
| Unit Sizes | 2,660–3,995 sq ft |
| Notable | 2 units per floor, 3 floors of amenities, Attaché concierge service |
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 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.
| Feature | Detail |
|---|---|
| Address | 710 NE 29th St |
| Stories | 56 floors |
| Units | ~70 residences |
| Developer | Terra / One Thousand Group / Major Food Group |
| Architect | ODP Architecture (Kurt Dannwolf) |
| Interiors | Charles & Co. (Vicky Charles) |
| Landscaping | Enzo Enea |
| Est. Completion | 2027 |
| Unit Sizes | Half-floor (~4,500 sq ft) / Full-floor (~6,200 sq ft) |
| Notable | MFG-operated restaurants, helipad, private dock |
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 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.
| Feature | Detail |
|---|---|
| Address | 2121 N Bayshore Dr |
| Stories | 55 floors |
| Units | 185 residences |
| Developer | Two Roads Development |
| Architect | Arquitectonica |
| Interiors | Studio Munge |
| Est. Completion | 2027 |
| Unit Sizes | 1,952–3,815 sq ft |
| Notable | EDITION hospitality standards, VIP hotel portfolio access |
Edgewater's transformation from overlooked residential pocket to luxury destination happened rapidly:
| Era | Development |
|---|---|
| Early 1900s | Residential neighborhood of single-family homes |
| 1960s | Margaret Pace Park created, preserving bayfront green space |
| 1990s-2000s | First wave of mid-rise condos |
| 2008 | Opera Tower and other high-rises open during real estate boom |
| 2010s | Paraiso District (Related Group) transforms northern Edgewater |
| 2018 | Aria on the Bay completes; Melo Group establishes presence |
| 2021 | Elysee delivers; boutique luxury arrives |
| 2023 | Missoni Baia completes; branded residences come to Edgewater |
| 2024 | Aria Reserve South Tower completes; tallest waterfront tower |
| 2025-2028 | Wave of ultra-luxury: EDITION, Villa Miami, Cove Miami |
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.
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.
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:
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.
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.
Wynwood (5 minutes)
Miami Design District (7 minutes)
Downtown Miami / Arts District (10 minutes)
Drive Times:
Getting Around:
Edgewater offers convenient access to quality schools across Miami-Dade County:
Public Schools:
Private Schools (10-20 minute drive):
| Factor | Edgewater | Brickell |
|---|---|---|
| Median Price | ~$1.6M (luxury) | ~$1.4M (luxury) |
| Price/Sq Ft | $902 | $937 |
| Waterfront | Biscayne Bay (direct) | Bay (limited direct access) |
| New Construction | Abundant | Limited |
| Walkable Dining | Emerging | Excellent |
| Nightlife | Limited | Excellent |
| Parks | Margaret Pace Park (8 acres) | Limited green space |
| Vibe | Residential, family-friendly | Urban, financial district |
| Best For | Families, new construction seekers | Young professionals, urban lifestyle |
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.
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.
Ultra-Luxury / New Construction:
Established Luxury:
Value-Oriented:
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.
Yes—Edgewater has one of Miami's most active development pipelines:
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.
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.
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.
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.
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.
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.
Edgewater's east-west orientation offers two distinct view types:
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.
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.
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.
Other surrounding neighborhoods include Downtown Miami, Brickell, Wynwood, Midtown, and the Design District.
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.
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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.