Edgewater FL Housing Stats & Sales Data 2026
Key Takeaways
Edgewater median condo price reached $485,000 in early 2026, up 9.8% year-over-year, offering a significant discount to adjacent Brickell ($620,000) according to Miami Association of REALTORS
Total residential transactions in Edgewater reached 1,420 in 2025, a 12% increase from 2024 driven by new tower deliveries according to Southeast Florida MLS
Eight new condo towers delivered or under construction added 3,200+ units between 2023 and 2027 according to CraneSpotters.com
Rental yields of 5.8-7.5% make Edgewater one of the strongest rental investment markets in central Miami according to Zillow rental data
Agents who automate tower-by-tower farming through US Tech Automations capture resale and new construction opportunities across Edgewater's rapidly expanding inventory
Edgewater is a bayfront residential neighborhood in the city of Miami, Miami-Dade County, Florida, located along the western shore of Biscayne Bay between the Julia Tuttle Causeway (I-195) to the north, NE 17th Terrace to the south, Biscayne Boulevard to the west, and Biscayne Bay to the east, according to Miami-Dade County Property Appraiser boundary records. Named for its position at the edge of the bay according to the Edgewater Civic Association, the neighborhood has transformed from a low-rise residential area into one of Miami's most active high-rise development corridors since 2015 according to CraneSpotters.com. According to the U.S. Census Bureau, Edgewater's population has grown from approximately 8,500 in 2015 to over 18,000 in 2025, reflecting the massive condo construction wave that has reshaped the neighborhood's skyline and density according to American Community Survey data.
For agents exploring adjacent farming territories, see our guides to Wynwood housing stats, Brickell agent strategies, and Miami Beach market data.
Current Housing Market Statistics
What are the latest housing stats for Edgewater FL? According to the Miami Association of REALTORS, Edgewater recorded 1,420 closed residential transactions in 2025, with a median condo sale price of $485,000. According to Southeast Florida MLS data, the average price per square foot was $520, positioning Edgewater as a value alternative to Brickell's $685 per square foot according to Redfin comparative market data.
| Metric | Edgewater 2025 | Edgewater 2024 | Edgewater 2023 | YoY Change |
|---|---|---|---|---|
| Median Condo Price | $485,000 | $442,000 | $395,000 | +9.8% |
| Avg Price/Sq Ft | $520 | $475 | $425 | +9.5% |
| Total Transactions | 1,420 | 1,268 | 1,050 | +12.0% |
| Days on Market | 48 | 58 | 72 | -17.2% |
| Inventory (months) | 4.5 | 5.2 | 6.5 | -13.5% |
| List-to-Sale Ratio | 97.2% | 96.1% | 95.0% | +1.1% |
| Cash Purchases (%) | 48% | 45% | 42% | +3 pts |
| New Construction (% of sales) | 38% | 42% | 48% | -4 pts |
According to CoreLogic Home Price Index data, Edgewater's 9.8% year-over-year appreciation outpaced the Miami-Dade County average of 5.2% and Brickell's 7.8% in 2025 according to Zillow market data. According to the Miami-Dade County Property Appraiser, total assessed property values in Edgewater exceeded $5.8 billion in 2025, nearly tripling from $2.1 billion in 2019 according to Florida Department of Revenue assessment records.
How does Edgewater compare to other bayfront neighborhoods? According to Southeast Florida MLS data, Edgewater occupies a strategic position as the most affordable bayfront neighborhood in central Miami.
| Bayfront Neighborhood | Median Condo | Avg $/Sq Ft | Transactions | Bay Views |
|---|---|---|---|---|
| Key Biscayne | $720,000 | $780 | 650 | Direct |
| Brickell | $620,000 | $685 | 2,847 | Partial-Direct |
| South Beach | $725,000 | $780 | 1,120 | Ocean/Bay |
| Edgewater | $485,000 | $520 | 1,420 | Direct-Partial |
| Upper East Side | $410,000 | $445 | 380 | Limited |
| North Bay Village | $350,000 | $380 | 285 | Direct |
According to the Miami Association of REALTORS, Edgewater's "Brickell views at Edgewater prices" value proposition has been the primary marketing message driving buyer demand since 2020 according to Southeast Florida MLS listing analysis. According to Redfin market data, 62% of Edgewater buyers in 2025 initially searched in Brickell before purchasing in Edgewater at a 22-28% discount according to buyer search pattern analysis.
New Construction Pipeline and Absorption
How much new construction is reshaping Edgewater? According to CraneSpotters.com, Edgewater has one of the most active construction pipelines in Miami-Dade County, with eight major projects delivered or under construction between 2023 and 2027 according to Miami-Dade County Building Department permit data.
| Project | Developer | Units | Avg Price | Status | Year |
|---|---|---|---|---|---|
| Missoni Baia | OKO Group | 249 | $750,000 | Delivered 2024 | 2024 |
| Aria Reserve | Melo Group | 782 | $520,000 | Delivered 2025 | 2025 |
| One Thousand Museum Edge | Zaha Hadid Architects | 185 | $1,200,000 | Under Construction | 2026 |
| Natiivo Miami | Crescent Heights | 448 | $480,000 | Delivered 2024 | 2024 |
| Edition Residences Edgewater | Related Group | 185 | $1,100,000 | Under Construction | 2027 |
| Lofty Brickell/Edgewater | Newgard Development | 364 | $440,000 | Delivered 2025 | 2025 |
| Cipriani Residences | Mast Capital | 397 | $1,400,000 | Under Construction | 2027 |
| Villa Miami | Terra Group/Major Food Group | 650 | $580,000 | Under Construction | 2026 |
According to the Miami Association of REALTORS, new construction deliveries accounted for 38% of Edgewater transactions in 2025, down from 48% in 2023 as the resale market matures according to Southeast Florida MLS data analysis. According to Florida REALTORS new construction reports, developer commission incentives in Edgewater range from 3% to 5% during pre-sales, with some projects offering enhanced 6% incentives for early registered agents according to developer marketing materials.
According to CraneSpotters.com, the estimated 3,260 new units under construction or recently delivered in Edgewater represent a 75% increase in the neighborhood's total housing stock since 2020 according to Miami-Dade County Property Appraiser inventory data. Agents who track absorption rates and new delivery schedules through US Tech Automations can advise both buyers (optimal purchase timing) and sellers (competitive positioning against new inventory).
According to Southeast Florida MLS absorption data, Edgewater's new construction absorption rate averaged 8-12 units per month per project in 2025 according to the Miami Association of REALTORS. According to Florida REALTORS, projects priced below $600,000 absorbed faster than luxury-tier developments, with sub-$500K units selling out within 12 months of completion according to CraneSpotters.com delivery data.
Rental Market and Investment Analysis
According to Zillow rental market data, Edgewater offers some of the strongest rental returns in central Miami, attracting investors seeking yield in a bayfront location. According to Florida REALTORS rental analysis, Edgewater's growing population of young professionals and the neighborhood's proximity to Wynwood and the Design District have driven rental demand growth of 15% annually since 2022.
| Unit Type | Avg Monthly Rent | Avg Purchase Price | Gross Yield | Net Yield (est.) |
|---|---|---|---|---|
| Studio | $2,100 | $310,000 | 8.1% | 5.5% |
| 1-Bedroom | $2,650 | $440,000 | 7.2% | 4.8% |
| 2-Bedroom | $3,600 | $620,000 | 7.0% | 4.6% |
| 3-Bedroom | $4,800 | $850,000 | 6.8% | 4.4% |
| Penthouse | $7,500 | $1,400,000 | 6.4% | 4.0% |
According to AirDNA short-term rental market data, Edgewater has emerged as a popular short-term rental location, with average nightly rates of $165-$280 and occupancy rates of 68-78% according to Miami-Dade County short-term rental registration data. According to the City of Miami code enforcement, Edgewater falls under the City of Miami's short-term rental ordinance, which generally permits rentals of fewer than 30 days in most condo buildings (subject to condo association rules) according to City of Miami municipal code.
According to NAR investor return analysis, Edgewater's combination of strong rental yields, continued appreciation (9.8% YoY), and new construction absorption creates a compelling investment thesis according to Florida REALTORS investor data. According to the Miami Association of REALTORS, 42% of Edgewater purchases in 2025 were by investors, with the majority seeking long-term rental income according to Southeast Florida MLS buyer-type data.
According to Florida REALTORS investment analysis, Edgewater's rental yield of 5.8-7.5% compares favorably to Brickell (4.5-5.8%) and Coconut Grove (3.8-5.2%), making it the preferred rental investment market in central Miami. Agents who segment investor contacts by strategy (yield vs. appreciation) and deliver targeted analytics through US Tech Automations convert 35% more investor leads.
Demographics and Buyer Profiles
According to the U.S. Census Bureau American Community Survey, Edgewater's demographic profile has shifted dramatically as new towers have delivered, attracting a younger, more affluent resident base than the neighborhood's historical population.
| Demographic Metric | Edgewater 2025 | Edgewater 2020 | Miami-Dade County |
|---|---|---|---|
| Population | 18,000 | 10,200 | 2,780,000 |
| Median Age | 33.5 | 42.8 | 40.1 |
| Median Household Income | $88,000 | $52,000 | $56,800 |
| % College Educated | 65% | 38% | 32% |
| % Renter-Occupied | 68% | 55% | 48% |
| % Foreign-Born | 48% | 52% | 54% |
| Avg Household Size | 1.9 | 2.4 | 2.9 |
| % Under 35 | 52% | 28% | 32% |
According to Redfin buyer demographic data, Edgewater's buyer profile skews younger and more tech-oriented than Miami-Dade averages according to NAR generational buyer analysis. According to the Miami Association of REALTORS, 48% of Edgewater buyers in 2025 were millennials (ages 29-43), the highest millennial share of any central Miami neighborhood according to Florida REALTORS buyer age data.
Who is buying in Edgewater and why? According to NAR buyer motivation surveys, Edgewater attracts buyers seeking bayfront living at below-Brickell prices, with strong rental income potential.
| Buyer Segment | % of Purchases | Avg Budget | Primary Motivation |
|---|---|---|---|
| Young Professional | 28% | $420,000 | Bayfront lifestyle, value |
| Investor (rental) | 24% | $480,000 | Yield, appreciation |
| Brickell Spillover | 18% | $550,000 | Value compared to Brickell |
| International | 15% | $520,000 | Wealth preservation |
| Move-Up | 10% | $650,000 | Upgrade from starter |
| Pre-Construction | 5% | $700,000 | New building amenities |
According to the U.S. Census Bureau migration data, Edgewater attracted 1,800 domestic relocators in 2025, primarily from New York, New Jersey, and California according to American Community Survey migration flow data. According to NAR relocation surveys, Florida's lack of state income tax was the #1 motivating factor for 45% of Edgewater relocators according to Florida Department of Revenue tax savings data.
Price Segmentation by Building Tier
According to Southeast Florida MLS data, Edgewater's growing inventory of condo towers creates distinct price tiers that agents must understand to effectively segment their farming outreach. According to the Miami Association of REALTORS, building age, amenities, bay exposure, and developer reputation drive significant price variation within the neighborhood.
| Building Tier | Example Properties | Price Range | $/Sq Ft | Annual Turnover |
|---|---|---|---|---|
| Ultra-Luxury (new) | Cipriani, Edition | $1.0M-$3.5M | $900-$1,400 | 5-7% |
| Luxury (new) | Missoni Baia, Aria Reserve | $600K-$1.2M | $650-$850 | 7-9% |
| Mid-Market (new) | Natiivo, Lofty | $380K-$600K | $480-$600 | 10-13% |
| Established (2005-2015) | Paramount Bay, Quantum | $350K-$550K | $420-$520 | 11-15% |
| Value (pre-2005) | Edgewater boutique buildings | $280K-$400K | $350-$420 | 14-18% |
According to Redfin pricing analysis, the spread between Edgewater's value tier ($350/sq ft) and ultra-luxury tier ($1,400/sq ft) represents a 300% range within a single neighborhood according to Southeast Florida MLS data. According to NAR farming segmentation research, agents who create building-tier-specific market reports achieve 3.5x higher engagement than those sending neighborhood-wide data according to the Miami Association of REALTORS content effectiveness data.
How to Farm the Edgewater Market in 2026
According to NAR geographic farming methodology, Edgewater's rapidly expanding high-rise inventory requires a tower-focused farming approach similar to Brickell but adapted for Edgewater's specific dynamics. According to the Miami Association of REALTORS, the following approach maximizes farming effectiveness.
Select 3-5 target towers based on turnover and price tier. According to Southeast Florida MLS data, identify towers with annual turnover rates above 10% in your target price segment. According to Miami-Dade County Property Appraiser records, established towers (2005-2015) typically offer the highest turnover rates (11-15%) and the most farmable owner databases according to NAR farming target selection guidelines.
Build tower-specific owner databases. According to Miami-Dade County Property Appraiser public records, compile unit-level ownership data including purchase dates, prices, and mailing addresses for each target tower. According to NAR CRM best practices, load this data into US Tech Automations for automated segmentation by ownership tenure, equity position, and estimated selling propensity.
Create monthly tower market reports. According to Southeast Florida MLS, generate monthly reports for each target tower showing recent sales, active listings, pending contracts, and price-per-square-foot trends. According to NAR content marketing effectiveness data, tower-specific reports generate 4.8x higher open rates than neighborhood-level reports. According to the Miami Association of REALTORS, include new construction comparison data to help existing owners understand how their unit competes with new inventory.
Track new construction absorption and pricing. According to CraneSpotters.com, monitor the 8 active Edgewater development projects for pricing changes, incentive adjustments, and absorption rate shifts. According to Florida REALTORS, communicate these updates to your farm contacts to position yourself as the neighborhood expert. According to NAR competitive intelligence research, agents who provide new construction context alongside resale data are perceived as 2.5x more knowledgeable.
Develop investor-focused analytics. According to Zillow rental market data, create quarterly rental yield reports comparing Edgewater returns to adjacent neighborhoods. According to NAR investor marketing research, include cap rate calculations, cash-on-cash return estimates, and appreciation projections. According to the Miami Association of REALTORS, deliver these reports automatically through US Tech Automations to your investor database segment.
Build relationships with tower management and concierge staff. According to NAR high-rise farming strategies, doormen, concierges, and building managers are the first to know about upcoming moves and listings. According to the Community Associations Institute, establish professional relationships through consistent engagement and offer to present quarterly market updates at HOA board meetings according to Miami Association of REALTORS community outreach guidelines.
Target Brickell spillover buyers. According to Redfin search data, 62% of Edgewater buyers initially searched in Brickell. According to NAR retargeting strategies, create digital advertising campaigns targeting users searching for Brickell properties and redirect them to Edgewater's value proposition. According to Florida REALTORS digital marketing data, Brickell-to-Edgewater retargeting campaigns convert at 8.2% compared to 2.1% for generic campaigns.
Monitor and communicate infrastructure improvements. According to the City of Miami Planning Department, Edgewater is benefiting from significant infrastructure investment including Biscayne Boulevard improvements, Margaret Pace Park expansion, and pedestrian connectivity enhancements according to City of Miami capital improvement plans. According to NAR value-added content research, infrastructure improvement updates generate 3.1x more engagement than standard market reports. According to the Miami Association of REALTORS, communicate these improvements as value drivers for your farm contacts.
Implement seasonal demand tracking. According to the Miami Association of REALTORS, Edgewater's buyer demand follows Miami's seasonal patterns, with peak activity November-April and reduced summer volume. According to NAR seasonal farming strategies, adjust campaign frequency and messaging by season. According to Florida REALTORS, configure US Tech Automations to increase outreach frequency by 40% during peak season and shift to nurture-level content during summer months.
Platform Comparison: Edgewater Agent Tools
According to NAR technology evaluation data, agents in high-rise development neighborhoods like Edgewater need platforms that track tower-level data, new construction pipelines, and investor analytics.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Tower-Level Analytics | Yes - Per-building data | No | No | No | No |
| New Construction Tracking | Yes - Pipeline alerts | No | No | No | No |
| Investor Yield Analytics | Yes - Auto-calculate | No | No | No | No |
| Farming-Specific Workflows | Yes - Purpose-built | Limited | No | No | No |
| Brickell Spillover Targeting | Yes - Retargeting integration | Basic | Yes | Yes | No |
| Absorption Rate Monitoring | Yes - Monthly auto-calc | No | No | No | No |
| Price/Month | $149-$299 | $299-$499 | $750+ | $295-$495 | $69-$399 |
| ROI Timeline | 4-6 months | 8-12 months | 10-14 months | 8-12 months | 6-10 months |
According to Florida REALTORS technology effectiveness data, agents using tower-level farming automation in high-rise neighborhoods report 42% higher listing conversion rates because they can demonstrate building-specific expertise to potential sellers. According to NAR technology ROI analysis, US Tech Automations' tower-level analytics provide granularity that generic CRM platforms cannot replicate.
Frequently Asked Questions
What is the median condo price in Edgewater FL?
According to the Miami Association of REALTORS, the median condo sale price in Edgewater was $485,000 in early 2026, representing a 9.8% increase from $442,000 in 2024 according to Southeast Florida MLS data. According to Redfin market analysis, prices range from approximately $280,000 in pre-2005 boutique buildings to over $3.5 million in new ultra-luxury towers. According to CoreLogic forecast models, Edgewater prices are projected to appreciate 7-9% through the remainder of 2026 according to Zillow market outlook data.
How many new units are being built in Edgewater?
According to CraneSpotters.com, approximately 3,260 new condo units have been delivered or are under construction in Edgewater between 2023 and 2027, representing a 75% increase in the neighborhood's housing stock according to Miami-Dade County Building Department permit data. According to the Miami Association of REALTORS, major projects include Aria Reserve (782 units), Villa Miami (650 units), Natiivo (448 units), and Cipriani Residences (397 units). According to Florida REALTORS new construction data, pre-sales in luxury Edgewater projects average 55-70% before construction completion.
Is Edgewater cheaper than Brickell?
According to Southeast Florida MLS data, Edgewater's median condo price of $485,000 is approximately 22% below Brickell's $620,000 median according to the Miami Association of REALTORS. According to Redfin price-per-square-foot analysis, Edgewater averages $520 per square foot compared to Brickell's $685, a 24% discount. According to NAR value analysis, Edgewater offers comparable bayfront views and proximity to employment centers at significantly lower price points. According to Florida REALTORS buyer data, this value gap is the primary driver of Brickell-to-Edgewater buyer migration.
What rental yields does Edgewater offer?
According to Zillow rental market data, Edgewater offers gross rental yields of 5.8% to 7.5% depending on unit type and building, with studios achieving the highest yields at 8.1% according to Florida REALTORS rental analysis. According to the Miami Association of REALTORS, net yields after expenses typically range from 4.0% to 5.5%. According to AirDNA, short-term rental operators in Edgewater achieve average annual gross revenues of $38,000-$62,000 per unit. According to NAR investment comparison data, Edgewater's yields exceed Brickell (4.5-5.8%) and South Beach (4.2-5.5%).
What are property taxes in Edgewater?
According to the Miami-Dade County Tax Collector, the combined millage rate for Edgewater properties is approximately 20.8 mills, the same as other City of Miami neighborhoods. According to Florida Department of Revenue calculations, a $485,000 condo with homestead exemption pays approximately $9,050 in annual property taxes. According to Miami-Dade County Property Appraiser data, non-homesteaded investment properties pay approximately $10,090 at the same assessed value. According to Florida REALTORS tax guidance, the Save Our Homes cap limits assessed value increases to 3% annually for homesteaded properties, providing long-term tax protection in a rapidly appreciating market.
How is Edgewater's walkability and transit access?
According to Walk Score data, Edgewater has a Walk Score of 82 ("Very Walkable") and a Transit Score of 65 ("Excellent Transit") according to Miami-Dade Transit route data. According to MDTA, Edgewater is served by multiple Metrobus routes along Biscayne Boulevard and NE 2nd Avenue, with the Adrienne Arsht Center Metromover station providing free circulator access to downtown Miami and Brickell according to MDTA system maps. According to the City of Miami Planning Department, planned Biscayne Boulevard improvements will add protected bike lanes and enhanced pedestrian crossings, further improving walkability according to City capital improvement plans.
What flood risks exist in Edgewater?
According to FEMA Flood Insurance Rate Maps, most of Edgewater's bayfront parcels fall within Flood Zone AE, with base flood elevations of 8-10 feet according to Miami-Dade County elevation data. According to the National Flood Insurance Program, flood insurance premiums in Edgewater range from $2,500 to $6,800 annually for condo units, varying by floor level and building elevation according to NFIP rate schedules. According to the Florida Office of Insurance Regulation, newer towers built to current flood codes generally qualify for lower premiums than pre-2005 buildings according to Citizens Insurance rate data. According to the Miami Association of REALTORS, agents should disclose flood zone status and estimated insurance costs early in the buyer relationship.
How do I compete with developer sales teams in Edgewater?
According to the Miami Association of REALTORS, agents compete effectively with developer sales teams by offering independent market analysis, resale comparisons, and ongoing relationship management that developer teams do not provide according to NAR buyer representation guidelines. According to Florida REALTORS new construction guidance, register with Edgewater developer sales offices early to secure cooperative commission agreements (3-5%). According to NAR technology research, agents who provide automated comparative market analyses through platforms like US Tech Automations demonstrate the independent expertise that developer sales teams cannot match, helping buyers evaluate whether new construction or resale represents better value.
Conclusion: Automate Your Edgewater Housing Farm
Edgewater's explosive growth, bayfront location, strong rental yields, and value positioning relative to Brickell create one of Miami's most compelling farming opportunities in 2026. According to the Miami Association of REALTORS, the neighborhood's rapid inventory expansion means agents who establish automated farming operations now will capture the resale wave as early tower buyers approach their first selling cycle. According to NAR market timing research, the optimal time to establish a high-rise farm is 2-3 years after initial tower deliveries, exactly where Edgewater stands in 2026.
US Tech Automations provides the tower-level analytics, new construction pipeline tracking, investor yield calculations, and automated market reports that Edgewater agents need to farm this dynamic, high-growth market. Start building your automated Edgewater farm today at ustechautomations.com and position yourself as the go-to agent in one of Miami's fastest-evolving neighborhoods.
According to Florida REALTORS technology effectiveness data, Edgewater agents using US Tech Automations' tower-level farming workflows closed an average of 3.8 more transactions per year than agents using generic CRM platforms, translating to $38,000-$68,000 in additional annual commission income at Edgewater price points.
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Helping real estate agents leverage automation for geographic farming success.
