The Edgewater Sales Report

Edgewater Sales Report — August 2025

Here is what sold in Edgewater during August 2025, organized by building and micro-market so owners, buyers, and investors can see where activity was concentrated.

How to read this month

A snapshot of Edgewater sales activity

This report gathers MLS-reported condo sales across Edgewater and groups them by building and micro-market, so you can quickly see where activity happened and how prices compared. Sale dates are MLS dates and can differ from county recorded dates; treat the numbers as a useful starting point and verify anything decision-critical.

The month in numbers

Edgewater at a glance

Sales reviewed

26

Total volume

$34,079,500

Median sale price

$767,500

Median $/sq ft

$665

Highest sale

$9,050,000 — Biscayne Beach

Buildings with activity

18

What stood out

The month’s highlights

Most active building

Icon Bay had the most MLS-reported sales this month (3). Worth watching, though one month is a small sample.

Highest sale

$9,050,000 at Biscayne Beach #5102.

Highest price per sq ft

$1,156/sq ft at Elysee — compare line and floor before reading much into it.

Where activity concentrated

Paraiso / North Bayfront Cluster saw the most dollar volume this month. This may suggest stronger demand there, but should be compared building by building.

How to read it

This is one month of activity. Treat it as a starting point and compare any building against its own history and current inventory before drawing conclusions.

Sales by micro-market

Where activity was concentrated

Edgewater isn’t one market. Use the jump links to see the pocket you care about.

Core Bayfront Luxury Corridor

11 sales · volume $13,637,500 · median $692,500 · median $/sq ft $624 · highest $4,000,000 · highest $/sq ft $1,156 · 7 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
23 Biscayne Bay#14051,320$570,000$4322025-08-22
23 Biscayne Bay#901663$310,000$4682025-08-11
Elysee#46013,459$4,000,000$1,1562025-08-15
Elysee#22022,743$2,700,000$9842025-08-01
Icon Bay#38031,107$725,000$6552025-08-20
Icon Bay#7061,073$692,500$6452025-08-08
Icon Bay#36061,073$670,000$6242025-08-04
La Piazza Navona#703696$260,000$3742025-08-05
Missoni Baia#50022,466$2,350,000$9532025-08-28
New Wave#16A1,400$810,000$5792025-08-14
Platinum#14051,007$550,000$5462025-08-20

Jump to full table ↓

Margaret Pace Park / South Edgewater

7 sales · volume $4,590,000 · median $600,000 · median $/sq ft $675 · highest $1,075,000 · highest $/sq ft $811 · 5 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Aria on the Bay#21111,161$870,000$7492025-08-19
Aria on the Bay#2308888$600,000$6762025-08-15
Aria on the Bay#18101,592$1,075,000$6752025-08-14
Cite on the Bay#201964$370,000$3842025-08-25
Opera Tower#4905825$325,000$3942025-08-13
Paramount Bay#31051,147$930,000$8112025-08-06
Quantum on the Bay#4407780$420,000$5382025-08-01

Jump to full table ↓

Paraiso / North Bayfront Cluster

7 sales · volume $15,552,000 · median $920,000 · median $/sq ft $885 · highest $9,050,000 · highest $/sq ft $1,073 · 5 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Biscayne Beach#39011,060$810,000$7642025-08-22
Biscayne Beach#51028,434$9,050,000$1,0732025-08-01
Gran Paraiso#19041,186$920,000$7762025-08-13
One Paraiso#4802959$850,000$8862025-08-28
One Paraiso#20041,526$1,350,000$8852025-08-26
Paraiso Bay#41011,872$1,850,000$9882025-08-18
Paraiso Bayviews#27101,141$722,000$6332025-08-06

Jump to full table ↓

Biscayne Boulevard / Interior Edgewater

1 sale · volume $300,000 · median $300,000 · median $/sq ft $309 · highest $300,000 · highest $/sq ft $309 · 1 building

BuildingUnitSq FtSale Price$/Sq FtSale Date
Riviera Towers#60970$300,000$3092025-08-19

Jump to full table ↓

Building activity

Summary by building

BuildingSalesTotal VolumeMedian SaleMedian $/Sq FtHighest Sale
Icon Bay3$2,087,500$692,500$645$725,000
Aria on the Bay3$2,545,000$870,000$676$1,075,000
23 Biscayne Bay2$880,000$440,000$450$570,000
Elysee2$6,700,000$3,350,000$1,070$4,000,000
Biscayne Beach2$9,860,000$4,930,000$919$9,050,000
One Paraiso2$2,200,000$1,100,000$886$1,350,000
La Piazza Navona1$260,000$260,000$374$260,000
Missoni Baia1$2,350,000$2,350,000$953$2,350,000
New Wave1$810,000$810,000$579$810,000
Platinum1$550,000$550,000$546$550,000
Cite on the Bay1$370,000$370,000$384$370,000
Opera Tower1$325,000$325,000$394$325,000
Paramount Bay1$930,000$930,000$811$930,000
Quantum on the Bay1$420,000$420,000$538$420,000
Gran Paraiso1$920,000$920,000$776$920,000
Paraiso Bay1$1,850,000$1,850,000$988$1,850,000
Paraiso Bayviews1$722,000$722,000$633$722,000
Riviera Towers1$300,000$300,000$309$300,000

Every sale reviewed

Full sales table

Blank cells mean a value isn’t available — never estimated.

MLS-reported Edgewater condo sales · August 2025 · Miami Realtors MLS
BuildingUnitBedsBathsSq FtSale Price$/Sq FtSale Date (MLS)SourceNotes
23 Biscayne Bay#1405321,320$570,000$4322025-08-22Miami Realtors MLS
23 Biscayne Bay#90111663$310,000$4682025-08-11Miami Realtors MLS
Elysee#4601343,459$4,000,000$1,1562025-08-15Miami Realtors MLS
Elysee#2202352,743$2,700,000$9842025-08-01Miami Realtors MLS
Icon Bay#3803221,107$725,000$6552025-08-20Miami Realtors MLS
Icon Bay#706221,073$692,500$6452025-08-08Miami Realtors MLS
Icon Bay#3606221,073$670,000$6242025-08-04Miami Realtors MLS
La Piazza Navona#70312696$260,000$3742025-08-05Miami Realtors MLS
Missoni Baia#5002242,466$2,350,000$9532025-08-28Miami Realtors MLS
New Wave#16A221,400$810,000$5792025-08-14Miami Realtors MLS
Platinum#1405221,007$550,000$5462025-08-20Miami Realtors MLS
Aria on the Bay#2111231,161$870,000$7492025-08-19Miami Realtors MLS
Aria on the Bay#230812888$600,000$6762025-08-15Miami Realtors MLS
Aria on the Bay#1810341,592$1,075,000$6752025-08-14Miami Realtors MLS
Cite on the Bay#20121964$370,000$3842025-08-25Miami Realtors MLS
Opera Tower#490511825$325,000$3942025-08-13Miami Realtors MLS
Paramount Bay#3105221,147$930,000$8112025-08-06Miami Realtors MLS
Quantum on the Bay#440711780$420,000$5382025-08-01Miami Realtors MLS
Biscayne Beach#3901231,060$810,000$7642025-08-22Miami Realtors MLS
Biscayne Beach#5102688,434$9,050,000$1,0732025-08-01Miami Realtors MLS
Gran Paraiso#1904231,186$920,000$7762025-08-13Miami Realtors MLS
One Paraiso#480212959$850,000$8862025-08-28Miami Realtors MLS
One Paraiso#2004341,526$1,350,000$8852025-08-26Miami Realtors MLS
Paraiso Bay#4101451,872$1,850,000$9882025-08-18Miami Realtors MLS
Paraiso Bayviews#2710221,141$722,000$6332025-08-06Miami Realtors MLS
Riviera Towers#6022970$300,000$3092025-08-19Miami Realtors MLS

What this may mean

For sellers, buyers, and investors

If you own

Read the month by your building first, then by your line, floor, view, and condition. A neighborhood median says little about your specific stack; what matters is how your tower traded and how many similar units are competing right now. Use the building summary above as your starting point, then ask about your exact line.

If you’re buying

Compare buildings, not just prices. Two closings at the same dollar figure can mean very different things once you weigh age, amenities, reserves, and rules. Let the micro-market groupings show you where your budget competes, then go deep on the two or three buildings that actually fit.

If you’re investing

Price per square foot alone won’t tell you whether a unit performs. Rental rules, carrying costs, assessments, HOA dues, reserves, insurance, and a building’s resale liquidity decide the real return. Treat $/sq ft as one input, then verify the rules and the math building by building.

Source: Miami Realtors MLS / Bridge data accessed through the site’s server-side IDX integration. MLS sale dates may differ from county recorded dates. Data is provided for informational purposes and should be independently verified before making financial, legal, or real estate decisions.

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