Edgewater Miami Real Estate
Edgewater is an up and coming high-end neighborhood within the city of Miami. Located just north of Downtown Miami and south of the Upper East Side, Edgewater is roughly bounded by North 17th Street, North 37th Street, East First Avenue, and Biscayne Bay.This primarily residential neighborhood was known for its many historic, early 20th century homes; however, in more recent years, this neighborhood has seen a spike in many residential high-rise and mid-rise towers to the east right along Biscayne Bay.
During the early 20th century, Edgewater was one of the most exclusive residential neighborhoods in Miami showcasing stately, luxurious homes and mansions. Developer Fred H. Rand Jr. designed the layout of the neighborhood to resemble the Miramar suburb of Havana, Cuba. Hence, Edgewater’s original name was Miramar. The area’s main drive was curved along the bay where Margaret Pace Park is currently located. Many streets had Spanish names. Over the next decade, Edgewater saw much success and was home to an affluent crowd. Brickell was the only Miami area with a concentration of wealth and influence greater than Edgewater. However, over the years, due to hurricanes, housing booms and busts, and turmoil from the Depression-era, the area became rundown and exhibited issues of race and power. By the early 1980s, Edgewater had become decayed and lost its luster and became another Miami tenement slum. Since the early 2000s, Edgewater has grown in popularity, due to the neighborhood’s proximity to Downtown Miami, the Design District, Wynwood, and Midtown.
This neighborhood is currently experiencing rapid urbanization, with the construction of luxury apartments and condos, as well as high-end dining, shopping, and entertainment destinations.Some of the most anticipated residential building projects include The Bentley Miami Edgewater, Gran Paraiso, Elysee Miami Luxury Residences, Aria on the Bay, and Missoni Baia. If you love city life, then Edgewater is a great neighborhood for you to choose.