# The Crimson

As of 2026-10-30, The Crimson in Edgewater has 9 units for sale at a median asking price of $695K ($627/sqft); 5 units sold in the last 12 months.

The Crimson is a boutique bayfront condominium in Edgewater featuring LEED-certified sustainable living and panoramic bay views.

## Key facts

| | |
|---|---|
| Address | 527 NE 28th St |
| Neighborhood | Edgewater |
| Year built | 2016 |
| Floors | 18 |
| Waterfront | yes |
| Developer | McKafka Development Group |
| Architect | IDEA Architects |
| For sale | 9 |
| Pending | 0 |
| Median asking price | $695,000 |
| Median asking $/sqft | $627/sqft |
| Sold, last 12 months | 5 |
| Median sold $/sqft, 12 months | $562/sqft |
| Months of inventory | 21.6 |
| Median HOA | $1,283/mo |
| Parking | The building offers assigned covered parking spaces, with some units including free electric vehicle charging stations. |

## Own Miami measures

- **own.miami Building Score: 65 (B+)**
  - Value: 74 — $627/sqft — vs. Edgewater condos, then all of Miami
  - Momentum: 16 — -12.2% $/sqft over 6 months
  - Liquidity: 33 — 21.6 months of supply · 71 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 73 — Built 2016 — vs. Edgewater buildings
- **Own Miami Condo Index: 88** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 439 of 698 tracked Miami condos)
- **Financeability Index: 90** (strong; 12-month window, 6 recorded mortgages, 67% of sales bank-financed, lowest down payment 5%, as of 2026-11-01)
- Special-assessment outlook: clear (next structural milestone inspection due 2041)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-11-01)
- positive: No special assessment — noted on 1 listings (2026-01-17)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [Edgewater — neighborhood guide](https://own.miami/edgewater)
- [All units for sale at The Crimson](https://own.miami/buildings/the-crimson/for-sale)
- [Opera Tower](https://own.miami/buildings/opera-tower)
- [Paraiso Bayviews](https://own.miami/buildings/paraiso-bayviews)
- [Aria on the Bay](https://own.miami/buildings/aria-on-the-bay)
- [Quantum on the Bay](https://own.miami/buildings/quantum-on-the-bay)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/the-crimson
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai