Where do Miami condo seekers go to enjoy the major benefits of living in Miami? For those that desire the subtropical year-round weather and central location to a big city, but still seek the peace and tranquility of the ocean will love Edgewater Condos in Miami. Located between the area of NE 17th street and 36th street, the Edgewater neighborhood in Miami is the low key waterfront neighborhood for those that appreciate high quality of life and peace and quiet as condominium renters and owners.
The Edgewater condo life is exactly as its name says: a waterfront Miami oasis. This neighborhood has access to the Biscayne Bay to one side and to the other is an 8 acre park named Margaret Pace on North Bayshore Drive. Major areas of Miami such as South Beach, Star & Palm Island, The Venetian Islands, Fisher Island, and the Key Biscayne are all seen from the windows of homes in Edgewater.
Edgewater Condos for Sale and Rent
Nearby districts and important places in Miami are nearby via car. Edgewater condos in Miami are less than 10 minutes from both Wynwood, the Design District, and South Beach. It is also only 20 minutes from the Miami International Airport for frequent travelers. The excellent location means there are always great opportunities for Edgewater condos for sale and for rent.
Despite its near location to the Miami International Airport, this area is usually overlooked by tourists and vacationers which pleases the residents here. As of the early 2000’s Edgewater’s population was nearly 14,000 residents with the median age being early 30’s.
Edgewater is a growing community whose aquatic views are perfectly complimented by the influence of the artsy districts nearby as they clearly spill over into Edgewater. Edgewater is primarily a residential neighborhood made up of historic early 20th century homes as well as many high-rise condo towers and recently constructed luxury towers. The options for Edgewater condos for sale and for rent are plentiful.
Buying and Selling Edgewater Condos
In this peaceful beachside condo neighborhood it is more common that condos are for sale rather than for rent with about 370 units for sale and 155 for rent as of March 2017.
Edgewater condos range from studio style to 1-5 bedrooms and up to whole penthouses. The average price range today is anywhere from $175K to $5.75M. With the reasonable asking prices, the variety of Edgewater condos to reside in, and the priceless cost of being a resident of this up and coming neighborhood, condos do not stay on the market long. A one bedroom Edgewater condo is for sale for an average of 140 days and goes for an average asking price of $358,000 in 2016.