Why Live in Edgewater
Edgewater, a coastal neighborhood in Miami, has transformed significantly since the early 2000s, evolving into a chic area known for its luxury condos and vibrant arts scene. Located just north of the Arts and Entertainment District, Edgewater offers a mix of waterside views and urban energy. The neighborhood features a dynamic culinary scene with diverse options like NOA and Enriqueta’s Sandwich Shop, and upscale dining at Amara at Paraiso. Nightlife is quieter compared to downtown, with wine bars like Lagniappe offering live music. Residents enjoy murals and creative culture reminiscent of nearby Wynwood, and shopping options range from local boutiques to major retailers at The Shops at Midtown Miami. Margaret Pace Park, an 8-acre waterfront space, provides recreational activities including tennis, volleyball, and basketball, along with a playground and dog park. Proximity to Downtown Miami and the Design District ensures access to high-end shopping and prominent events like the Miami Book Fair and Ultra Music Festival. Public transportation is convenient with Metrobus stops and connections to Metrorail and the free downtown shuttle. The neighborhood is safer than the national average, adding to its appeal. While the local schools have mixed ratings, Miami-Dade County’s school choice program offers access to highly rated magnet programs. Edgewater’s residential landscape is dominated by luxury condos, with few single-family homes available, making it a sought-after area for those seeking modern living with a touch of artistic flair.
Home Trends in Edgewater, FL
On average, homes in Edgewater, Miami sell after 134 days on the market compared to the national average of 51 days. The median sale price for homes in Edgewater, Miami over the last 12 months is $751,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$751,000
Median Single Family Sale Price
$850,000
Median Townhouse Sale Price
$2,082,500
Median 2 Bedroom Sale Price
$780,000
Median 1 Bedroom Sale Price
$475,000
Average Price Per Sq Ft
$751
Number of Homes for Sale
506
Last 12 months Home Sales
326
Median List Price
$795,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
7%