Edgewater is bounded to the east by Biscayne Bay, and has stunning water views. The most recent construction boom saw developers swoon over Edgewater Miami, not only due to the beautiful views it has to offer, but also due to its close proximity to Wynwood, the Design District, Downtown Miami, and South Beach.
For example, by car, it takes just 5 min to go to Wynwood Miami and the Miami Design District, 7 min to get to South Beach, and 20 min to get to the Miami International Airport. It is also close to supermarkets as well as banks, well known restaurants, and stores.
Moreover for its outdoor space such as Margaret Pace Park, that is a sizable bayfront park with a basketball court, two tennis courts, two sand volleyball courts, a gated dog park, a playground, and an outdoor exercise area.
Furthermore, many luxury condos are under construction such as Aria, Edition , Standard and much more coming soon. And some that you can already live in such as Elysee, Paraiso, Biscayne Beach and Icon Bay.
For prices of Edgewater:
-Median closed sales in the last 3 months: $658/sqft
-Median closed rent in the last 3 months: $4,05/sqft