Edgewater Sales Report — May 2026
Miami Realtors MLS candidate closings, building context, and what the month’s activity may mean for sellers, buyers, and investors.
Miami Realtors MLS candidate closings · May 2026
The month in numbers
Computed only from the rows below. Any metric without enough verified data is labeled.
8
$17,590,000
$1,725,000
$897
$4,100,000 — Missoni Baia
4
Edgewater condo sales
Blank cells mean a value isn’t yet verified — never estimated.
| Building | Unit / Address | Beds | Baths | Sq Ft | Sale price | $/Sq Ft | Sale date (MLS) | Source | Notes |
|---|---|---|---|---|---|---|---|---|---|
| Icon Bay | Unit 3904 | 2 | 2 | 1,104 | $720,000 | $652 | 2026-05-11 | Miami Realtors MLS | MLS candidate — verify before use |
| Biscayne Beach | Unit 3606 | 2 | 2 | 912 | $730,000 | $800 | 2026-05-21 | Miami Realtors MLS | MLS candidate — verify before use |
| Biscayne Beach | Unit 3301 | 2 | 3 | 1,060 | $710,000 | $670 | 2026-05-13 | Miami Realtors MLS | MLS candidate — verify before use |
| Elysee | Unit 2001 | 4 | 5 | — | $2,720,000 | — | 2026-05-08 | Miami Realtors MLS | MLS candidate — verify before use |
| Elysee | Unit 5502 | 4 | 5 | 3,492 | $4,000,000 | $1,145 | 2026-05-08 | Miami Realtors MLS | MLS candidate — verify before use |
| Missoni Baia | Unit 4203 | 4 | 6 | 3,788 | $4,000,000 | $1,056 | 2026-05-27 | Miami Realtors MLS | MLS candidate — verify before use |
| Missoni Baia | Unit TH-403 | 4 | 7 | 4,401 | $4,100,000 | $932 | 2026-05-08 | Miami Realtors MLS | MLS candidate — verify before use |
| Missoni Baia | Unit 2004 | 1 | 1 | 680 | $610,000 | $897 | 2026-05-01 | Miami Realtors MLS | MLS candidate — verify before use |
Sales worth a closer look
Missoni Baia Unit TH-403
What sold: 4BR/7BA, 4,401 sq ft, $4,100,000 ($932/sq ft).
Why it’s notable: Highest sale price in this report.
What it may suggest: one data point that should be compared against building-level comps before drawing conclusions.
Still to verify: needs public-record or broker verification before public use; confirm condition, view line, and any concessions.
Elysee Unit 5502
What sold: 4BR/5BA, 3,492 sq ft, $4,000,000 ($1,145/sq ft).
Why it’s notable: Highest price per sq ft in this report.
What it may suggest: one data point that should be compared against building-level comps before drawing conclusions.
Still to verify: needs public-record or broker verification before public use; confirm condition, view line, and any concessions.
Icon Bay Unit 3904
What sold: 2BR/2BA, 1,104 sq ft, $720,000 ($652/sq ft).
Why it’s notable: Notable gap between original list and sale price.
What it may suggest: one data point that should be compared against building-level comps before drawing conclusions.
Still to verify: needs public-record or broker verification before public use; confirm condition, view line, and any concessions.
What this month may mean
Interpretation is general and should be tailored to a specific building and unit. MLS candidate prices lag real-time activity.
For sellers
Building-specific comps matter more than neighborhood averages. Within your tower, floor, view, line, condition, and timing drive price. Public-record sales help you read current pricing but don’t replace a full valuation.
For buyers
Compare buildings, not just headline prices. Verify HOA, assessments, reserves, insurance, rental rules, and flood/resilience exposure before you weigh a number. MLS candidate prices lag real-time activity — treat this as a starting point.
For investors
Gross price and $/sq ft aren’t enough. Verify rental restrictions before assuming income, and compare carrying costs and net yield. Factor competition from new and flexible-use inventory. Don’t assume short-term-rental flexibility unless verified.
Related Edgewater intelligence
Get the monthly report first
Each monthly edition — MLS candidate closings, notable sales, and market interpretation — sent to your inbox.
