82% of Pre-Construction Condos in Edgewater are Already Sold

Many developers saw the value of building residential condo developments in Edgewater a few years ago. These developers’ condo plans are now becoming reality, and their vision of developing Edgewater into one of the hautest residential neighborhoods in Miami is holding true.

Right now, there are 2,815 pre-construction condo units being built and/or planned in Edgewater as we speak. Out of the 2,815 condos, 2,314 of those units are already sold! That means that only 18% of the pre-constriction condos in Edgewater remain available for sale. Below is a breakdown of the Edgewater new condo developments with the percentages sold. When reviewing the chart below, keep this in mind…Aria on the Bay, specifically, reflects the percentage of “hard” contracts, not reservations. This is important because reservations can fall through prior to the execution of a contract. Also, Bay House and Icon Bay will begin closings in the next few weeks.

Edgewater Pre-Construction Condo Sales Statistics

Edgewater is located in Downtown Miami between the Venetian Causeway (to the south) and the Julia Tuttle Causeway (to the north)–east of Biscayne Blvd, and is one of the most exciting new neighborhoods in Miami. Not only is Edgewater complimented by gorgeous views of Biscayne Bay and the Miami Beach skyline, but it includes what the magic city is famous for…vibrant culture, art and an eclectic variety of restaurants and boutiques.

If you, or someone you know, are interested in purchasing a pre-construction Miami condo, please contact your Miami condo specialist, Michael Light. You may reach me at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Disclaimer: Statistics are for informative purposes only, may not be accurate and should not be relied upon in your decision to purchase a condo in Miami.