Own Edgewater · Omni

Canvas

1600 NE 1st Ave · Built 2017 · 38 floors · 513 residences

16 for sale
For sale
16
3 pending · 8.0 mo supply
Median asking
$482K
from $370K
Median $/sqft
$555/sqft
$524/sqft sold, 12 mo
Days on market
35
134 to sell · 24 in 12 mo

11 of 16 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Canvas
Phillip Pessar · CC BY 2.0 · Wikimedia Commons

Located in the heart of Miami's vibrant Arts & Entertainment District, Canvas offers a sophisticated urban living experience. The building is situated near Wynwood, Downtown Miami, and the Design District, providing convenient access to local dining, shopping, and cultural landmarks.

The property features over 30,000 square feet of resort-style amenities. These include three swimming pools, including a rooftop sky plunge pool, a 3,000-square-foot state-of-the-art fitness center, a racquetball court, a theater, and a business center. Additional amenities include a spa with treatment rooms, a sauna, a yoga garden, a children's playroom, and eco-friendly gardens.

Residents have access to 24/7 security and concierge services. The building is designed to provide a high-end lifestyle with a variety of social and game rooms, as well as an indoor/outdoor café and bar.

Live near more of Miami

What surrounds Canvas: seasonal events, annual programs and lifestyle indexes, measured from the building.

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
73
/ 100
A−
own.miami Score

A data-grounded score for Canvas from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value91
$551/sqft — vs. Edgewater condos, then all of Miami
Momentum36
-3.7% $/sqft over 6 months
Liquidity68
8.9 months of supply · 36 days on market
Health92
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age76
Built 2017 — vs. Edgewater buildings
own.miami Condo Index
81Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#513 of 698 tracked Miami condos
Top 73% by price per sq ft
#24 of 36 in Edgewater
Momentum
↓ Cooling
$551/sqft median ask
Liquidity
Warm
See the full Condo Index →

The stacks

20 lines · modeled from 121 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Canvas’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -11 line.

LineLayoutSizeView$/sqftSales
-011 bd · 1.5 ba853 sqftWater View$537/sqft5
-02Studio · 1 ba580 sqftBay$608/sqft7
-03Studio · 1 ba588 sqftBay$629/sqft8
-04Studio · 1 ba582 sqftBay$644/sqft5
-051 bd · 1.5 ba867 sqftBay$536/sqft3
-062 bd · 2 ba1,040 sqftBay$577/sqft6
-072 bd · 2 ba880 sqftBay$614/sqft5
-082 bd · 2 ba882 sqftSkyline$615/sqft8
-092 bd · 2 ba878 sqftSkyline$633/sqft3
-102 bd · 2 ba1,055 sqftSkyline$564/sqft8
-11Best value1 bd · 1.5 ba865 sqftSkyline$517/sqft6
-121 bd · 1.5 ba850 sqftSkyline$539/sqft10
-141 bd · 1.5 ba857 sqftSkyline$524/sqft6
-151 bd · 1.5 ba850 sqftSkyline$529/sqft8
-162 bd · 2 ba1,018 sqftSkyline$535/sqft8
-171 bd · 1 ba752 sqftBay$559/sqft6
-181 bd · 1 ba754 sqftBay$544/sqft6
-191 bd · 1 ba752 sqftBay$545/sqft7
-202 bd · 2 ba1,009 sqftBay$572/sqft4
Penthouses2 bd · 2 ba960 sqftSkyline$667/sqft2

Modeled from Canvas’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 Canvas’s own sales history.

Estimated value
$449,000
$427,000–$471,000 · $519/sqft
High confidence · 6 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 Canvas?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

1600 NE 1st Ave #2509Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$552,000$629/sqft
2 bd · 2 ba · 878 sqft
1600 NE 1st Ave #2509
Motivated seller
Listing courtesy of Atlas Realty & Investments LLC, Ohad Einhorn (Lic. #3375835) · MLS #A12093901
1600 NE 1st Ave #2916Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$539,000$529/sqft
2 bd · 2 ba · 1,018 sqft
1600 NE 1st Ave #2916
Listing courtesy of Keller Williams Realty Miami Beach, Elena Chulvi (Lic. #3450206) · MLS #A12090263
1600 NE 1st Ave #2909Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$579,000$659/sqft
2 bd · 2 ba · 878 sqft
1600 NE 1st Ave #2909
Cash only
Listing courtesy of Elite Ocean View Realty LLC, Jose Flor (Lic. #3168051) · MLS #A12077759
1600 NE 1st Ave #2216Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$545,000$535/sqft
2 bd · 2 ba · 1,018 sqft
1600 NE 1st Ave #2216
Listing courtesy of The Keyes Company, Irving Gonzalez (Lic. #3189180) · 305-898-8282 · MLS #A12053173
1600 NE 1st Ave #1401Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$515,000$604/sqft
1 bd · 1.5 ba · 853 sqft
1600 NE 1st Ave #1401
Listing courtesy of Edivial International Realty, Ricardo Padron Natale (Lic. #3357646) · MLS #A12041341
1600 NE 1 AVE #3519Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$485,000$645/sqft
1 bd · 1 ba · 752 sqft
1600 NE 1 AVE #3519
Listing courtesy of AFS Living, Jennifer Sotolongo (Lic. #3537471) · MLS #A12025064
1600 NE 1st Ave #1605Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$478,000$551/sqft
1 bd · 1.5 ba · 867 sqft
1600 NE 1st Ave #1605
Short-term leases OK
Listing courtesy of The Keyes Company, Laura Mori (Lic. #3351412) · MLS #A12021959
1600 NE 1st Ave #1612Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$459,000$540/sqft
1 bd · 1.5 ba · 850 sqft
1600 NE 1st Ave #1612
Short-term leases OK
Listing courtesy of EXP Realty LLC, Shadia Jubiz (Lic. #3572767) · MLS #A12023634
1600 NE 1st Ave #2009
$528,000$601/sqft
2 bd · 2 ba · 878 sqft
1600 NE 1st Ave #2009
Seller financingRate buydownSeller credit
Listing courtesy of Premier Elite Realty Inc., Alvina Nosikovsky (Lic. #3490729) · MLS #A12022784
1600 NE 1st Ave #1814Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$470,000$548/sqft
1 bd · 1.5 ba · 857 sqft
1600 NE 1st Ave #1814
Listing courtesy of 477 Group, LLC., Constanza Profeta (Lic. #3069977) · MLS #A12008585
1600 NE 1st Ave #3319Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$499,999$665/sqft
1 bd · 1 ba · 752 sqft
1600 NE 1st Ave #3319
Listing courtesy of Avanti Way Realty LLC, Sebastian Golod (Lic. #3232960) · MLS #A11967849

Sold $/sqft trend

3-month rolling median of closed sales in Canvas; bars are closings per month.

$474$554$633Oct 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1600 NE 1st Ave
Year built
2017
Floors
38
Residences
513
Developer
NR Investments
Architect
Cohen Freedman Encinosa (CFE Architects)
Waterfront
No

Amenities

  • · Pool
  • · Spa
  • · Sauna
  • · Fitness center
  • · Yoga garden
  • · Racquetball court
  • · Theater
  • · Social room
  • · Children's playroom
  • · Eco-friendly gardens
  • · Café and bar
  • · 24-hour security
  • · Concierge
  • · Business center

Building rules

Parking
The building offers self-parking and valet parking. Some units include assigned parking, while others are first-come, first-served.

Special assessments & recertification outlook

Clear

Public records checked Oct 27, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 24 purchase or refinance loans on this building in the last 12 months, financing 71% of its recorded sales, and accepted a down payment as low as 3%. 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 90/100.

    Source: Miami-Dade Clerk official records

  • PositiveNo special assessment — noted on 1 listingsSep 18, 2026

    Source: MLS listing remarks

  • Verified: no special assessment in force
  • Built 2017 — its first 25-year structural milestone inspection is due around 2042

Estimated from Canvas’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 Canvas: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

90Readily financeable

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
24
24 from banks and credit unions · purchases and refinances
Sales bank-financed
71%
24 recorded sales, 12 months · Resales only
Average down payment
23.3%
Lowest down payment accepted
3%
Loan programmes, 24 months:Conventional 24

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 X: minimal-risk area on FEMA’s map.
Hurricane evacuation zone
Zone E
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
10.1 ft
Lowest nearby street
8.9 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 7.9 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.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Canvas cost?+

There are 16 condos for sale at Canvas, from $370,000, with a median asking price of $481,500 ($555/sqft).

How much are the HOA fees at Canvas?+

HOA / maintenance fees at Canvas run around $888 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.

When was Canvas built?+

Canvas was built in 2017, 38 stories, 513 residences.

Who developed Canvas?+

Canvas was developed by NR Investments and designed by Cohen Freedman Encinosa (CFE Architects).

Stay ahead
Interested in Canvas?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like Canvas, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/canvas" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>