Own Edgewater

The Crimson

527 NE 28th St · Built 2016 · 18 floors

9 for sale
For sale
9
0 pending · 21.6 mo supply
Median asking
$695K
from $485K
Median $/sqft
$627/sqft
$562/sqft sold, 12 mo
Days on market
71
37 to sell · 5 in 12 mo
The Crimson
Listing photo · courtesy of Moon Key Realty, LLC · MLS #A11957498

Located in the heart of Edgewater, The Crimson is a boutique bayfront building offering a blend of refined urban living and waterfront scenery. The property is situated along the Intracoastal Bay, providing residents with expansive views of Biscayne Bay and the Miami skyline. The building is LEED-certified and features a private boardwalk and an adjacent landscaped dog park.

The building offers a variety of resort-style amenities, including a waterfront pool, hot tub, fitness center, business center, cyber cafe, and a private theater. Residents also have access to a social lounge and a yoga room. The property is positioned near the Design District, Wynwood, and Midtown, providing convenient access to local shopping and dining.

Live near more of Miami

What surrounds The Crimson: 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
65
/ 100
B+
own.miami Score

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

Value74
$627/sqft — vs. Edgewater condos, then all of Miami
Momentum16
-12.2% $/sqft over 6 months
Liquidity33
21.6 months of supply · 71 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age73
Built 2016 — vs. Edgewater buildings
own.miami Condo Index
88At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#439 of 698 tracked Miami condos
Top 63% by price per sq ft
#15 of 36 in Edgewater
Momentum
↓ Cooling
$627/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

6 lines · modeled from 28 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct The Crimson’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -08 line.

LineLayoutSizeView$/sqftSales
-012 bd · 2 ba1,170 sqftBayWaterfront$603/sqft3
-022 bd · 2 ba1,226 sqftBayWaterfront$608/sqft6
-051 bd · 1 ba791 sqftBayWaterfront$632/sqft2
-061 bd · 1 ba815 sqftBayWaterfront$610/sqft6
-072 bd · 2 ba1,177 sqftBayWaterfront$650/sqft4
-08Best value2 bd · 2 ba1,169 sqftBayWaterfront$544/sqft3

Modeled from The Crimson’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 The Crimson’s own sales history.

Estimated value
$544,000
$425,000–$664,000 · $466/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 The Crimson?

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

Inventory

Sold $/sqft trend

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

$394$735$1076Nov 2023Mar 2024Jul 2024Feb 2025Jan 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
527 NE 28th St
Year built
2016
Floors
18
Developer
McKafka Development Group
Architect
IDEA Architects
Waterfront
Yes

Amenities

  • · Pool
  • · Spa
  • · Fitness center
  • · Business center
  • · Private theater
  • · Cyber cafe
  • · Social lounge
  • · Yoga room
  • · Concierge
  • · Pet park
  • · Electric vehicle charging
  • · Private boardwalk

Building rules

Parking
The building offers assigned covered parking spaces, with some units including free electric vehicle charging stations.

Special assessments & recertification outlook

Clear

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 6 purchase or refinance loans on this building in the last 12 months, financing 67% of its recorded sales, and accepted a down payment as low as 5%. 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 listingsJan 17, 2026

    Source: MLS listing remarks

  • Verified: no special assessment in force
  • Built 2016 — its first 25-year structural milestone inspection is due around 2041

Estimated from The Crimson’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 The Crimson: 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
6
6 from banks and credit unions · purchases and refinances
Sales bank-financed
67%
6 recorded sales, 12 months · Resales only
Average down payment
23.8%
Lowest down payment accepted
5%
Loan programmes, 24 months:Conventional 5Other 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: 10.0 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
4.1 ft
Lowest nearby street
2.6 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.6 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 The Crimson cost?+

There are 9 condos for sale at The Crimson, from $485,000, with a median asking price of $695,000 ($627/sqft).

How much are the HOA fees at The Crimson?+

HOA / maintenance fees at The Crimson run around $1,283 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 The Crimson a waterfront building?+

Yes — The Crimson is a waterfront building (Edgewater).

When was The Crimson built?+

The Crimson was built in 2016, 18 stories.

Who developed The Crimson?+

The Crimson was developed by McKafka Development Group and designed by IDEA Architects.

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