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Art Week Score 47 · #32 in Edgewater
#32 in Edgewater · #212 in Miami
Nearest: Naudline Pierre, 0.5 mi away
For sale
18
3 pending · 21.6 mo supply
Median asking
$540K
from $480K
Median $/sqft
$592/sqft
$536/sqft sold, 12 mo
Days on market
37
88 to sell · 10 in 12 mo
Blue on the Bay is a waterfront tower in Edgewater with 35 floors and 328 residences, developed by Hyperion Development and completed in 2005.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for a federally backed or federally regulated mortgage. It is in Miami-Dade hurricane evacuation zone C. The lowest street next to the building is 3.4 ft above the highest tide predicted for 2026 at Virginia Key.
Eleven active tower construction sites stand within 1 km, 3 of them within 500 m, which can bring noise and traffic while work lasts. The nearest rail station, Adrienne Arsht Center Metromover Station, is 2430 m away in a straight line, and the Car-Free Index is 9. The nearest Publix is 1020 m away.
On the 2025 tax roll, 34% of the 328 units carry a homestead exemption and 21% are owned by a company or trust. The financeability tier is strong, with an index of 82 of 100, and the Miami-Dade Clerk recorded 12 resale deeds in the 12 months to October 22, 2026.
Live near more of Miami
What surrounds Blue on the Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
50 / 100
Nearest Publix: Publix at Baypoint, 0.6 mi
#28 in Edgewater · #424 in Miami
Excellent urban planning.
1 Publix stores nearby
- Publix at Baypoint ↗0.6 mi
Car-Free IndexLive now
9 / 100
Nearest rail station: Adrienne Arsht Center Metromover Station, 1.5 mi
#43 in Edgewater · #307 in Miami
Rail is an option, not yet a lifestyle.
1 rail stations nearby
Distances are straight-line, not walking or driving.
Getting around
Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
64
/ 100
B+
own.miami Score
A data-grounded score for Blue on the Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value62
$595/sqft — vs. Edgewater condos, then all of Miami
Momentum66
+5.6% $/sqft over 6 months
Liquidity43
21.6 months of supply · 37 days on market
Health78
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age42
Built 2005 — vs. Edgewater buildings
own.miami Condo Index
84Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#487 of 698 tracked Miami condos
Top 70% by price per sq ft
#21 of 36 in Edgewater
Momentum
↑ Rising
$595/sqft median ask
Liquidity
Balanced
The stacks
12 lines · modeled from 61 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Blue on the Bay’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -03 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 2 bd · 2.5 ba | 1,449 sqft | BayWaterfront | $545/sqft | +$4 | $516/sqft → $591/sqft | 3 |
| -02 | 2 bd · 2.5 ba | 1,125 sqft | BayWaterfront | $559/sqft | +$8 | $475/sqft → $582/sqft | 4 |
| -03Best value | 2 bd · 2.5 ba | 1,174 sqft | BayWaterfront | $500/sqft | +$7 | $467/sqft → $596/sqft | 3 |
| -04 | 2 bd · 2.5 ba | 1,158 sqft | BayWaterfront | $514/sqft | +$3 | $498/sqft → $558/sqft | 7 |
| -05 | 1 bd · 1.5 ba | 761 sqft | BayWaterfront | $647/sqft | +$1 | $637/sqft → $667/sqft | 2 |
| -06 | 2 bd · 2.5 ba | 1,158 sqft | BayWaterfront | $539/sqft | +$5 | $482/sqft → $580/sqft | 5 |
| -07 | 2 bd · 2.5 ba | 1,158 sqft | BayWaterfront | $548/sqft | — | — | 3 |
| -08 | 1 bd · 1.5 ba | 761 sqft | BayWaterfront | $624/sqft | +$6 | $557/sqft → $679/sqft | 6 |
| -09 | 2 bd · 2.5 ba | 1,158 sqft | BayWaterfront | $557/sqft | +$2 | $540/sqft → $584/sqft | 11 |
| -10 | 2 bd · 2.5 ba | 1,174 sqft | BayWaterfront | $534/sqft | +$5 | $458/sqft → $593/sqft | 4 |
| -11 | 1 bd · 1.5 ba | 773 sqft | BayWaterfront | $676/sqft | +$3 | $643/sqft → $699/sqft | 8 |
| -12 | 2 bd · 3 ba | 1,870 sqft | BayWaterfront | $672/sqft | $-8 | $717/sqft → $632/sqft | 4 |
Modeled from Blue on the Bay’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Blue on the Bay’s own sales history.
Estimated value
$611,000
$477,000–$746,000 · $521/sqft
Moderate confidence · 3 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Blue on the Bay?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$629,500$544/sqft
2 bd · 2.5 ba · 1,158 sqft
601 NE 36TH Street #2906
Listing courtesy of H K Realty, H.Kevin Kim (Lic. #577321) · MLS #B26093179
$735,000$653/sqft
2 bd · 2.5 ba · 1,125 sqft
601 NE 36th St #2602
Listing courtesy of BHHS EWM Realty, Monique Pennen-Wills (Lic. #3035936) · MLS #A12103450
$510,000$670/sqft
1 bd · 1.5 ba · 761 sqft
601 NE 36TH Street #1008
Listing courtesy of Lifestyle International Realty, Jaclyn Reyes (Lic. #3553123) · MLS #B26082770
$1,495,000$799/sqft
3 bd · 3 ba · 1,870 sqft
601 NE 36th St #1612
Listing courtesy of Compass Florida, LLC, Li Bensimon (Lic. #3538197) · MLS #A12094715
$530,000$696/sqft
1 bd · 1.5 ba · 761 sqft
601 NE 36th St #3105
Listing courtesy of Related General Realty, LLC., Julidays Osorio Canizalez (Lic. #3264222) · MLS #A12090771
$525,000$447/sqft
2 bd · 2.5 ba · 1,174 sqft
601 NE 36th St #710
Listing courtesy of Flamingo Realty Solutions LLC, Melissa Rossi (Lic. #3511292) · MLS #A12073472
$479,900$631/sqft
1 bd · 1.5 ba · 761 sqft
601 NE 36th St #2308
No special assessments
Listing courtesy of RE/MAX Advance Realty II, Ileana Rodriguez (Lic. #0392092) · MLS #A12063480
$520,000$673/sqft
1 bd · 1.5 ba · 773 sqft
601 NE 36th St #1311
Rental income in place
Listing courtesy of Brickell Realty Group International, Andreina Goncalves (Lic. #3291122) · MLS #A12055105
$510,000$670/sqft
1 bd · 1.5 ba · 761 sqft
601 NE 36th St #1205
Listing courtesy of Brickell Realty Group International, Andreina Goncalves (Lic. #3291122) · MLS #A12055075
$499,000$646/sqft
1 bd · 1.5 ba · 773 sqft
601 NE 36th St #811
Listing courtesy of Lifestyle International Realty, Manny Oses (Lic. #3348754) · MLS #A12053302
$525,000$447/sqft
2 bd · 2.5 ba · 1,174 sqft
601 NE 36th St #2203
Listing courtesy of Avanti Way Realty LLC, Fernanda Gomes Tavares (Lic. #3464709) · MLS #A12047263
$549,990$468/sqft
2 bd · 2.5 ba · 1,174 sqft
601 NE 36th St #803
No special assessmentsMotivated seller
Listing courtesy of The Keyes Company, Patricia Gutierrez (Lic. #3289423) · MLS #A12040528
Sold $/sqft trend
3-month rolling median of closed sales in Blue on the Bay; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 601 NE 36th St
- Year built
- 2005
- Floors
- 35
- Residences
- 328
- Developer
- Hyperion Development
- Waterfront
- Yes
Amenities
- · Pool
- · Spa
- · Fitness center
- · Valet
- · Concierge
- · Business center
- · Party/social room
- · Sauna
- · Steam room
- · Bbq area
- · Mini market
- · Movie theater
- · Children's play area
- · Security
- · Pet park
- · Cold plunge
- · Yoga and cycling studios
- · Game room
Building rules
- Parking
- The building offers a combination of assigned and valet parking, with some units including one assigned and one valet space.
Special assessments & recertification outlook
WatchPublic records checked Oct 27, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 12 purchase or refinance loans on this building in the last 12 months, financing 64% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 82/100.
Source: Miami-Dade Clerk official records
- PositiveNo special assessment — noted on 3 listingsAug 1, 2026
Source: MLS listing remarks
- Verified: no special assessment in force
- Built 2005 — its first 25-year structural milestone inspection is due around 2030
Estimated from Blue on the Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Blue on the Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 12
- 12 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 64%
- 11 recorded sales, 12 months · Resales only
- Average down payment
- 25%
- Lowest down payment accepted
- 10%
Loan programmes, 24 months:Conventional 11Other 1
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 9.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone C
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 7.1 ft
- Lowest nearby street
- 4.4 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 3.4 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
- Contractor / vendor disputeClosedassociation as defendant · Filed Aug 2023
A commercial entity filed a contract and indebtedness lawsuit against the condominium association. The case was voluntarily dismissed by the plaintiff in December 2023.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR69181 · Approved,Delinquent. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Blue on the Bay cost?+
There are 18 condos for sale at Blue on the Bay, from $479,900, with a median asking price of $539,995 ($592/sqft).
How much are the HOA fees at Blue on the Bay?+
HOA / maintenance fees at Blue on the Bay run around $1,645 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Blue on the Bay a waterfront building?+
Yes — Blue on the Bay is a waterfront building (Edgewater).
When was Blue on the Bay built?+
Blue on the Bay was built in 2005, 35 stories, 328 residences.
Who developed Blue on the Bay?+
Blue on the Bay was developed by Hyperion Development.
Stay ahead
Interested in Blue on the Bay?
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