Edgewater

If you want walkable, waterfront Miami living without paying Brickell prices for every square foot, Edgewater delivers. The neighborhood is dense with bay-view towers — 352 of 457 active listings are waterfront — and you're minutes from Downtown, dining, and the water. It suits buyers who value lock-and-leave condo life over single-family space.

It's a premium neighborhood: the average price is about $798 per square foot, and 154 of the current listings ask over $1 million. That said, the range is wide, starting around $249,900, so entry buyers can still find a foothold. The median list price of $745,000 reflects a market weighted toward compact, view-driven condos.

The median list price is $745,000, with a typical unit around 1,107 square feet. Over the past year, 411 homes sold at a median of $725,000, so list and sold prices track closely. Expect anything from a $249,900 studio to a $10.3 million bayfront residence depending on the tower and view.

There are 457 active listings and homes are taking a median 98 days to sell, so buyers have both selection and time. Sellers are getting about 95% of asking on average, which signals room to negotiate rather than a bidding frenzy. With 411 sales in the last 12 months, it's a liquid but not overheated market.

Because Edgewater is almost entirely condos, HOA dues are a real line item — the median runs about $1,055 a month, covering amenities and building services. Median property taxes are roughly $9,595 a year. If you're renting instead, the median lease is around $4,350 a month.