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Edgewater

Edgewater

$827,737 Average Value
$765 Average Price per Sq Ft
554 Homes For Sale

A growing community on Biscayne Bay

Just north of the Arts and Entertainment District, the small coastal community of Edgewater offers all the charm of an artsy residential neighborhood with downtown energy. But before the turn of the 21st century, this storied area along the Florida East Coast Railway had lost much of its original appeal as older buildings deteriorated and criminal activity increased. “Now it’s all very chic,” says Gina Robichaux, Realtor with Coldwell Banker and third-generation Miami resident. Robichaux notes how construction skyrocketed as the city recovered from the 2008 recession. Over the next decade, the name Edgewood would become synonymous with luxury condo development, and now the growing restaurant scene continues to add to the appeal. “It’s like our version of SoHo,” Robichaux says. Vibrant murals cover the sides of convenience stores, restaurants and even some office buildings, giving residents a small taste of the creative culture found in neighboring Wynwood. Proximity to Downtown Miami and the Design District keeps high-end shoppers happy, while the homegrown retail landscape continues to expand with new grocers and boutiques. “Edgewater keeps you young,” says Penny Dias, Realtor with Simon Gray Realty and 20-year resident of South Florida. "Everything is newer here. There's a homey feeling of walking outside and having all these nice stores in front of you.” With its waterside views, luxury condos and up-and-coming vibe, Edgewater is set to become one of Miami’s premier neighborhoods on the shores of Biscayne Bay.

Residents of Edgewater enjoy walking their dogs and exercising on the Baywalk.
Residents of Edgewater enjoy walking their dogs and exercising on the Baywalk.
The Paraiso District is very popular in Edgewater offering luxury condos with high end finishes.
The Paraiso District is very popular in Edgewater offering luxury condos with high end finishes.
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Edgewater’s international dining scene

Sushi, vegan smoothies, authentic Peruvian fare — it’s all available in Edgewater’s dynamic culinary scene. Eclectic flavors shine at locally owned restaurant NOA, while Cuban sandwiches take center stage at the laid-back Enriqueta’s Sandwich Shop. Bayside condos often include upscale dining options; Amara at Paraiso stands out for its James Beard Award-winning chef, Michael Schwartz. Nightlife here is much quieter than downtown, but wine bars like Lagniappe attract patrons with live music. Some businesses even combine the retail and restaurant draw; Midtown Garden Center offers fresh juices and snacks from a food truck while also supplying locals with healthy houseplants and fresh-cut flowers. In addition to a handful of small local markets, Edgewater residents have access to Publix Super Market and Trader Joe’s. The Shops at Midtown Miami is home to everything from Target to Men’s Warehouse, and the Design District is a short drive north. Even the downtown Bayside Marketplace and the Kaseya Center (home of the Miami Heat) are less than 3 miles away.

Guests ordering at Pinocchio Deli and Market in Edgewater.
Guests ordering at Pinocchio Deli and Market in Edgewater.
Edgewater residents can enjoy delicious cuban coffee from the window at Enriquetta's.
Edgewater residents can enjoy delicious cuban coffee from the window at Enriquetta's.
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Luxury condos are the new norm in Edgewater

As Edgewater’s residential landscape continues to expand, more and more luxury condos are taking shape along the bayfront, including resort-style stunners like Biscayne Beach. “It’s really turned around with all the new buildings and preconstruction,” Dias says. “They can’t build them fast enough.” Studio or one-bedroom units can range from $500,000 to $900,000, while most two-bedroom options easily surpass the million-dollar mark. Three-bedroom condos typically offer anywhere from 1,500 to nearly 3,000 square feet and range from $1.5 million to more than $3 million. Prices are a bit cheaper for some of the inland complexes, which tend to be a little older, but the majority of units are located east of Biscayne Boulevard. There are only a handful of single-family homes left in the community, and the few that remain rarely hit the market. When they do, buyers can expect to shell out at least a million dollars.

Edgewater is comprised of high-rise condominiums overlooking Biscayne Bay.
Edgewater is comprised of high-rise condominiums overlooking Biscayne Bay.
Metro Edgewater is a popular luxury rental community in Edgewater.
Metro Edgewater is a popular luxury rental community in Edgewater.
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Catch a bayside breeze at Margaret Pace Park

Margaret Pace Park sits right on the waterfront, hidden from view by some of Edgewater’s newest condominium complexes. The approximately 8-acre park is a destination for tennis, volleyball and basketball and offers unbeatable views of Biscayne Bay from its shaded playground and picnic areas. There’s even an outdoor gym setup and a small dog park with plenty of benches. For those craving a bit of sand and sun, Miami Beach is a short bike ride away across the Venetian Causeway.

The Basketball court at Margaret Pace Park is a popular area of Edgewater.
The Basketball court at Margaret Pace Park is a popular area of Edgewater.
Many people enjoy spending time at Edgewaters Marageret Pace Park.
Many people enjoy spending time at Edgewaters Marageret Pace Park.
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Celebrate creativity at the weekly Wynwood Art Walk

With proximity to Downtown Miami and the Arts and Entertainment District, residents of Edgewater are just blocks away from attending some of the city’s most prominent events. Annual traditions include the Miami Book Fair and the Miami Film Festival, both held at Miami Dade College, as well as the Ultra Music Festival at Bayfront Park. Wynwood also hosts a handful of dynamic events in its growing arts district, including a Saturday evening Art Walk.

The Perez Art Museum offers Edgewater residents great art exhibitions just nearby.
The Perez Art Museum offers Edgewater residents great art exhibitions just nearby.
Edgewater is just minutes from the shopping offered at Design District.
Edgewater is just minutes from the shopping offered at Design District.
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Commuters have access to Metrobus and I-95

Residents have easy access to Metrobus stops along Biscayne Boulevard and Northeast Second Avenue, which offer connections throughout Downtown and Midtown Miami — including Metrorail stations and the free downtown shuttle. It takes about an hour to reach the Miami International Airport via public transportation, but the 8-mile trip is much faster for drivers on the Airport Expressway. Commuters also have easy access to Interstate 95.

Facing South over Biscayne Blvd which offers many shopping and restaurant options in Edgewater.
Facing South over Biscayne Blvd which offers many shopping and restaurant options in Edgewater.
A free trolley on Biscayne Blvd is available for residents of Edgewater.
A free trolley on Biscayne Blvd is available for residents of Edgewater.
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Booker T. Washington Senior High is a historic slice of Miami

Students on the north side of Edgewater can attend Eneida M. Hartner Elementary, which maintains a grade of B-minus on Niche. Phillis Wheatley Elementary, rated a C, accommodates kids on the neighborhood’s south side. Most students will move on to attend Jose De Diego Middle and Booker T. Washington Senior High, which score grades of C and B-minus on Niche, respectively. Founded in the 1920s, the high school is one of the oldest in the county and was the first in South Florida to educate Black students. Thanks to Miami-Dade County’s school choice program, students also have the option to attend several highly rated magnet programs, such as the New World School of the Arts and the Law Enforcement Officers’ Memorial High School.

The Booker T. Washington Senior High School has an impressive entrance.
The Booker T. Washington Senior High School has an impressive entrance.
Eneida M Harter Elementary School serves young children in Miami Dade County.
Eneida M Harter Elementary School serves young children in Miami Dade County.
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Hannah Rainey
Written By
Hannah Rainey
Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio
Adam Barkley
Video By
Adam Barkley

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Miami International

21 min drive

Bus

Biscayne Bd & NE 22 St

Bus

Biscayne Bd & NE 25 St

Bus

Biscayne Bd & NE 19 St

Bus

NE 2 Av & NE 21 St

Bus

NE 2 Av & NE 20 St

Bus

NE 36 St & #600

Bus

NE 2 Av & NE 24 St

Reviews

Are you familiar with the Edgewater neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Edgewater US
Homicide 4 4
Sexual Assault 6 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 7 4
Motor Vehicle Theft 7 4
Larceny 8 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Edgewater Demographics and Home Trends

Housing Trends

Median List Price
$820,000
Median Sale Price
$710,000
Median Single Family Sale Price
$790,000
Median Townhouse Sale Price
$3,200,000
Median 2 Bedroom Sale Price
$774,999
Median Change From 1st List Price
8%
Last 12 months Home Sales
335
Median Home Sale Price YoY Change
-6%
Average Price Per Sq Ft
$765

Neighborhood Facts

Number of Homes
7,533
Number of Homes for Sale
554
Median Year Built
2008
Months of Supply
19.80
Average Single Family Home Size Sq Ft
1,329
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
2,226
Average 2 Bedroom Size Sq Ft
1,202
Average 1 Bedroom Size Sq Ft
816
Average Studio Size Sq Ft
542
Median Lot Size Sq Ft
5,227

Open Houses

  • Sunday, Feb 15
    1 - 3pm

    700 NE 24th St Unit 2003, Miami, FL 33137

    $1,799,000

    • 3 Beds
    • 3.5 Baths
    • 1,643 Sq Ft
    • 700 NE 24th St
    • Unit 2003

    Spectacular bayfront, move-in-ready 3-bedroom + den residence at Aria Reserve Miami brand new, elegantly upgraded, and perched on the 20th floor with direct, sweeping 180 Biscayne Bay views. Residence comes with 2 ASSIGNED PARKING SPACES which are a rare commodity. This exceptional home features an oversized den with a fully finished closet, perfect as an office, media room, or flexible

    Jose Jimenez Semsch Realty

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  • Wednesday, Feb 18
    4 - 7pm

    700 NE 26th Terrace Unit 3104, Miami, FL 33137

    $725,000

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft
    • 700 NE 26th Terrace
    • Unit 3104

    Incredible opportunity to own a stunning waterfront residence in Edgewater! Welcome to Missoni Baia, a prestigious 57-story luxury tower boasting an array of unparalleled amenities. Dive into luxury living with amenities such as an Olympic-sized pool, relaxation pool, salon and spa, clubroom, kids' play area, pet spa, and tennis courts. Residents also enjoy access to a bayfront terrace featuring

    Mary Yasol One And Only Realty Miami LP

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  • Saturday, Feb 14
    10am - 12pm

    2020 N Bayshore Dr Unit 1603, Miami, FL 33137

    $1,650,000

    • 3 Beds
    • 3 Baths
    • 1,708 Sq Ft
    • 2020 N Bayshore Dr
    • Unit 1603
    • New 30 days ago

    Don’t miss out on the opportunity to own the only 03 line for sale at Paramount Bay. You will love the modern developer finishes in this 03 line, with 10 foot ceilings, and panoramic views of the Biscayne Bay, Atlantic Ocean, and Miami Skyline in the heart of Edgewater. The southeast and northwest facing terraces of this flow through unit provide breathtaking views at sunrise, sunset, and

    Brian Smith BHHS EWM Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
22,586
Median Age
39
Population Density
102 ppl/acre
Population under 18
17.9%
Below the national average
23.8%
Population over 65
8.3%
Below the national average
19.1%

Finances

Median Household Income
$116,928
Significantly above the national average
$79,601
Average Household Income
$140,419

Education and Workforce

High School Graduates
93.4%
College Graduates
61.8%
Significantly above the national average
34.1%
Advanced Degrees
30.7%
% Population in Labor Force
82.6%
Above the national average
64.9%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

76 / 100

Walker's Paradise

Walk Score®

95 / 100

Some Transit

Transit Score®

48 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Edgewater