Edgewater Real Estate Investment Overview

Neighborhood Snapshot:

Nestled beside the tranquil waters of Biscayne Bay, the Edgewater neighborhood is a vibrant mosaic of history and modernity. Its streets tell tales of a rich history intertwined with glimpses of the future as glass-encrusted skyscrapers reach for the sky. Edgewater is a haven for those seeking the perfect balance between the hustle and bustle of city life and the peaceful retreat of waterfront living. The area boasts a rich tapestry of cultural influences, reflected in its architectural styles and local businesses, offering both residents and visitors an immersive experience in a community that's rapidly shaping the future while honoring its past.

Historical Evolution:

In the early 20th century, Edgewater began as an upscale residential neighborhood, graced with picturesque bungalows and verdant gardens. Over the decades, it has embraced change and innovation, morphing into a contemporary urban haven adorned with towering high-rises. This transformation was fueled by the Miami real estate boom, a period that saw an influx of investment and development in the area. Today, the neighborhood retains an air of grace and elegance, its tree-lined streets bearing witness to a harmonious marriage of history and modernity, where echoes of the past resound in the vibrant pulse of urban life.

Real Estate Dynamics:

Edgewater's property landscape is a blend of sleek waterfront condos and vintage homes, bearing testament to its rich evolutionary journey.

Key Investor Draws:

Dynamic Appreciation: Fast becoming a hotspot, with property values on a steady upward curve.
Waterfront Appeal: Boasting unparalleled bay views and serene settings.
Urban Proximity: A stone's throw from the pulsating heart of downtown Miami and the Design District.
Modern Infrastructure: Witnessing a recent influx of upscale developments and amenities.

What Do Residents Love About It?

Residents adore the harmony between urban convenience and natural beauty that Edgewater offers. The neighborhood thrives with vibrant cultures, offering a plethora of dining and entertainment options. Moreover, the sense of community here is strong, fostering connections and friendships among locals. The stunning waterfront views combined with the lush green parks make it a favorite for families, young professionals, and artists alike.

What Do Investors Love About It?

Investors are drawn to Edgewater's promising trajectory of growth and appreciation. The neighborhood presents a lucrative opportunity with its blossoming luxury condo market, witnessing a steady annual increase in property values. Its strategic location, coupled with a rich blend of historical charm and modern amenities, makes it a fertile ground for investments that promise substantial returns.

Upcoming Top New Developments:

Villa Miami
The Edition Residences
The Cove
Aria Reserve
Vida

Our Top 3 Restaurants in Edgewater

Amara
The Klaw
La Gnappe

A Fun Fact About The Neighborhood:

Despite its modern facelift, Edgewater still houses several historic buildings and sites that date back to its early days. One such notable site is the locally popular "Alfred I. DuPont Building", which stands as a testament to the neighborhood's rich historical fabric, offering a glimpse into its glorious past.

Transportation and Proximity to Airports:

Airport

• ‍‍Miami International Airport (MIA): Approximately 20 minutes
• Fort Lauderdale-Hollywood International Airport (FLL):30 minutes

Executive Airports

• Opa Locka Executive Airport (KOPF, OPF):  25 minutes
• Miami Executive Airport (KTMB, TMB): 35 minutes

Parks, Marinas, and Proximity to Beach

Parks: Margaret Pace Park, Icon Bay Park‍

Marinas: Sea Isle Marina & Yachting Center‍

Closest Beach: Miami Beach (~10 minutes drive)

Schools:

Early Childhood and Elementary

• Phyllis R. Miller Elementary School (Public)
• Cushman School (Private)
• High School
• Booker T. Washington Senior High School (Public)

Private Institutions

• The Cushman School
• Miami Arts Charter School

In-depth Financial Analysis:

Decadal Price Evolution: The neighborhood has witnessed a 5-7% annual increase in property values over the last decade, notably in the luxury condo market.

Rental ROI: With its unique urban-coastal appeal, investors can expect an annual rental return of 4-6%.

Future Projections: Projections indicate a steady upward trajectory with a 6-8% anticipated appreciation over the next decade, spurred by ongoing and planned infrastructural projects.

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