The Edgewater Sales Report

Edgewater Sales Report — February 2025

Here is what sold in Edgewater during February 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

18

Total volume

$18,163,000

Median sale price

$720,000

Median $/sq ft

$640

Highest sale

$4,500,000 — Elysee

Buildings with activity

15

What stood out

The month’s highlights

Most active building

1800 Biscayne Plaza had the most MLS-reported sales this month (2). Worth watching, though one month is a small sample.

Highest sale

$4,500,000 at Elysee #5602.

Highest price per sq ft

$1,289/sq ft at Elysee — compare line and floor before reading much into it.

Where activity concentrated

Margaret Pace Park / South Edgewater 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

3 sales · volume $6,315,000 · median $1,140,000 · median $/sq ft $993 · highest $4,500,000 · highest $/sq ft $1,289 · 3 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Elysee#56023,492$4,500,000$1,2892025-02-04
Icon Bay#18081,395$1,140,000$8172025-02-21
Missoni Baia#2504680$675,000$9932025-02-05

Jump to full table ↓

Margaret Pace Park / South Edgewater

9 sales · volume $6,763,000 · median $622,000 · median $/sq ft $572 · highest $1,495,000 · highest $/sq ft $890 · 7 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
1800 Biscayne Plaza#21021,051$446,000$4242025-02-06
1800 Biscayne Plaza#1501734$365,000$4972025-02-03
1800 Club#8121,452$830,000$5722025-02-18
1800 Club#16071,222$900,000$7362025-02-05
Aria on the Bay#1908888$622,000$7002025-02-25
Cite on the Bay#2041,092$440,000$4032025-02-18
Opera Tower#21021,048$585,000$5582025-02-24
Paramount Bay#8101,679$1,495,000$8902025-02-25
Quantum on the Bay#44121,866$1,080,000$5792025-02-13

Jump to full table ↓

Paraiso / North Bayfront Cluster

4 sales · volume $4,400,000 · median $1,082,500 · median $/sq ft $833 · highest $1,575,000 · highest $/sq ft $852 · 3 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Biscayne Beach#9021,698$1,400,000$8242025-02-14
Paraiso Bay#3507898$765,000$8522025-02-27
Paraiso Bay#40011,872$1,575,000$8412025-02-03
Paraiso Bayviews#18101,141$660,000$5782025-02-18

Jump to full table ↓

Biscayne Boulevard / Interior Edgewater

2 sales · volume $685,000 · median $342,500 · median $/sq ft $436 · highest $470,000 · highest $/sq ft $577 · 2 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
26 Edgewater#712815$470,000$5772025-02-21
Riviera Towers#LPHE728$215,000$2952025-02-14

Jump to full table ↓

Building activity

Summary by building

BuildingSalesTotal VolumeMedian SaleMedian $/Sq FtHighest Sale
1800 Biscayne Plaza2$811,000$405,500$461$446,000
1800 Club2$1,730,000$865,000$654$900,000
Paraiso Bay2$2,340,000$1,170,000$847$1,575,000
Elysee1$4,500,000$4,500,000$1,289$4,500,000
Icon Bay1$1,140,000$1,140,000$817$1,140,000
Missoni Baia1$675,000$675,000$993$675,000
Aria on the Bay1$622,000$622,000$700$622,000
Cite on the Bay1$440,000$440,000$403$440,000
Opera Tower1$585,000$585,000$558$585,000
Paramount Bay1$1,495,000$1,495,000$890$1,495,000
Quantum on the Bay1$1,080,000$1,080,000$579$1,080,000
Biscayne Beach1$1,400,000$1,400,000$824$1,400,000
Paraiso Bayviews1$660,000$660,000$578$660,000
26 Edgewater1$470,000$470,000$577$470,000
Riviera Towers1$215,000$215,000$295$215,000

Every sale reviewed

Full sales table

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

MLS-reported Edgewater condo sales · February 2025 · Miami Realtors MLS
BuildingUnitBedsBathsSq FtSale Price$/Sq FtSale Date (MLS)SourceNotes
Elysee#5602453,492$4,500,000$1,2892025-02-04Miami Realtors MLS
Icon Bay#1808331,395$1,140,000$8172025-02-21Miami Realtors MLS
Missoni Baia#250411680$675,000$9932025-02-05Miami Realtors MLS
1800 Biscayne Plaza#2102221,051$446,000$4242025-02-06Miami Realtors MLS
1800 Biscayne Plaza#150111734$365,000$4972025-02-03Miami Realtors MLS
1800 Club#812221,452$830,000$5722025-02-18Miami Realtors MLS
1800 Club#1607221,222$900,000$7362025-02-05Miami Realtors MLS
Aria on the Bay#190812888$622,000$7002025-02-25Miami Realtors MLS
Cite on the Bay#204221,092$440,000$4032025-02-18Miami Realtors MLS
Opera Tower#2102221,048$585,000$5582025-02-24Miami Realtors MLS
Paramount Bay#810331,679$1,495,000$8902025-02-25Miami Realtors MLS
Quantum on the Bay#4412331,866$1,080,000$5792025-02-13Miami Realtors MLS
Biscayne Beach#902341,698$1,400,000$8242025-02-14Miami Realtors MLS
Paraiso Bay#350712898$765,000$8522025-02-27Miami Realtors MLS
Paraiso Bay#4001451,872$1,575,000$8412025-02-03Miami Realtors MLS
Paraiso Bayviews#1810221,141$660,000$5782025-02-18Miami Realtors MLS
26 Edgewater#71222815$470,000$5772025-02-21Miami Realtors MLS
Riviera Towers#LPHE12728$215,000$2952025-02-14Miami 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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