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Edgewater

AVG SOLD PRICE: $327,016
AVG LISTINGS PRICE: $648,701
AVG RENTAL PRICE: $2,943

Edgewater is the latest and biggest beneficiary of the luxury real estate residential development boom in Miami. Edgewater is quickly filling up with new buildings along Biscayne Boulevard and the edge of Biscayne Bay. There are several newly built, under construction, and planned developments within blocks of each other. Edgewater overlooks Biscayne Bay to the east, Wynwood and Midtown Miami to the west, Design District and Upper East Side to the north, and Downtown Miami to the south.

Parks: Margaret Pace Park is one of the largest parks overlooking Biscayne Bay in the neighborhood of Edgewater.

Public transportation: Edgewater has Metrobus services that connect the neighborhood to many parts of the Miami area. The Miami trolley runs a free service through Biscayne Boulevard that connects to nearby neighborhoods. Citi Bikes are another transportation option, with several stations throughout Edgewater.

 

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