The Edgewater Sales Report

Edgewater Sales Report — March 2025

Here is what sold in Edgewater during March 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

24

Total volume

$26,160,000

Median sale price

$722,500

Median $/sq ft

$651

Highest sale

$2,950,000 — Missoni Baia

Buildings with activity

16

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

$2,950,000 at Missoni Baia #1401.

Highest price per sq ft

$1,191/sq ft at Paramount Bay — compare line and floor before reading much into it.

Where activity concentrated

Core Bayfront Luxury Corridor 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

8 sales · volume $11,557,500 · median $722,500 · median $/sq ft $803 · highest $2,950,000 · highest $/sq ft $1,146 · 4 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Icon Bay#41042,569$2,450,000$9542025-03-21
Icon Bay#6051,143$710,000$6212025-03-13
Icon Bay#5041,104$735,000$6662025-03-13
Missoni Baia#14012,575$2,950,000$1,1462025-03-21
Missoni Baia#54012,552$2,900,000$1,1362025-03-07
Missoni Baia#1904680$640,000$9412025-03-05
New Wave#17D950$550,000$5792025-03-13
The Crimson#10021,226$622,500$5082025-03-03

Jump to full table ↓

Margaret Pace Park / South Edgewater

6 sales · volume $6,160,000 · median $897,500 · median $/sq ft $591 · highest $2,000,000 · highest $/sq ft $1,191 · 4 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
1800 Club#17012,189$1,275,000$5822025-03-07
Opera Tower#4411791$330,000$4172025-03-14
Paramount Bay#36071,673$1,620,000$9682025-03-25
Paramount Bay#31101,679$2,000,000$1,1912025-03-20
Quantum on the Bay#3416867$520,000$6002025-03-21
Quantum on the Bay#2009838$415,000$4952025-03-14

Jump to full table ↓

Paraiso / North Bayfront Cluster

5 sales · volume $4,958,500 · median $880,000 · median $/sq ft $865 · highest $1,572,500 · highest $/sq ft $1,030 · 4 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Gran Paraiso#30051,143$1,075,000$9412025-03-06
One Paraiso#3202959$830,000$8652025-03-26
One Paraiso#42031,526$1,572,500$1,0302025-03-18
Paraiso Bay#32061,067$880,000$8252025-03-25
Paraiso Bayviews#2409944$601,000$6372025-03-21

Jump to full table ↓

Biscayne Boulevard / Interior Edgewater

5 sales · volume $3,484,000 · median $579,000 · median $/sq ft $514 · highest $1,250,000 · highest $/sq ft $668 · 4 buildings

BuildingUnitSq FtSale Price$/Sq FtSale Date
Baylofts#706965$500,000$5182025-03-21
Blue Condo#11091,158$579,000$5002025-03-18
Blue Condo#18121,870$1,250,000$6682025-03-17
City 24#11041,036$505,000$4872025-03-20
Uptown Lofts#8041,265$650,000$5142025-03-07

Jump to full table ↓

Building activity

Summary by building

BuildingSalesTotal VolumeMedian SaleMedian $/Sq FtHighest Sale
Icon Bay3$3,895,000$735,000$666$2,450,000
Missoni Baia3$6,490,000$2,900,000$1,136$2,950,000
Paramount Bay2$3,620,000$1,810,000$1,080$2,000,000
Quantum on the Bay2$935,000$467,500$547$520,000
One Paraiso2$2,402,500$1,201,250$948$1,572,500
Blue Condo2$1,829,000$914,500$584$1,250,000
New Wave1$550,000$550,000$579$550,000
The Crimson1$622,500$622,500$508$622,500
1800 Club1$1,275,000$1,275,000$582$1,275,000
Opera Tower1$330,000$330,000$417$330,000
Gran Paraiso1$1,075,000$1,075,000$941$1,075,000
Paraiso Bay1$880,000$880,000$825$880,000
Paraiso Bayviews1$601,000$601,000$637$601,000
Baylofts1$500,000$500,000$518$500,000
City 241$505,000$505,000$487$505,000
Uptown Lofts1$650,000$650,000$514$650,000

Every sale reviewed

Full sales table

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

MLS-reported Edgewater condo sales · March 2025 · Miami Realtors MLS
BuildingUnitBedsBathsSq FtSale Price$/Sq FtSale Date (MLS)SourceNotes
Icon Bay#4104552,569$2,450,000$9542025-03-21Miami Realtors MLS
Icon Bay#605221,143$710,000$6212025-03-13Miami Realtors MLS
Icon Bay#504221,104$735,000$6662025-03-13Miami Realtors MLS
Missoni Baia#1401352,575$2,950,000$1,1462025-03-21Miami Realtors MLS
Missoni Baia#5401352,552$2,900,000$1,1362025-03-07Miami Realtors MLS
Missoni Baia#190411680$640,000$9412025-03-05Miami Realtors MLS
New Wave#17D12950$550,000$5792025-03-13Miami Realtors MLS
The Crimson#1002221,226$622,500$5082025-03-03Miami Realtors MLS
1800 Club#1701332,189$1,275,000$5822025-03-07Miami Realtors MLS
Opera Tower#441111791$330,000$4172025-03-14Miami Realtors MLS
Paramount Bay#3607231,673$1,620,000$9682025-03-25Miami Realtors MLS
Paramount Bay#3110331,679$2,000,000$1,1912025-03-20Miami Realtors MLS
Quantum on the Bay#341612867$520,000$6002025-03-21Miami Realtors MLS
Quantum on the Bay#200912838$415,000$4952025-03-14Miami Realtors MLS
Gran Paraiso#3005231,143$1,075,000$9412025-03-06Miami Realtors MLS
One Paraiso#320212959$830,000$8652025-03-26Miami Realtors MLS
One Paraiso#420331,526$1,572,500$1,0302025-03-18Miami Realtors MLS
Paraiso Bay#3206221,067$880,000$8252025-03-25Miami Realtors MLS
Paraiso Bayviews#240922944$601,000$6372025-03-21Miami Realtors MLS
Baylofts#70622965$500,000$5182025-03-21Miami Realtors MLS
Blue Condo#1109231,158$579,000$5002025-03-18Miami Realtors MLS
Blue Condo#1812231,870$1,250,000$6682025-03-17Miami Realtors MLS
City 24#1104221,036$505,000$4872025-03-20Miami Realtors MLS
Uptown Lofts#804221,265$650,000$5142025-03-07Miami 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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