Flanigan's IndexLive now29 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 2.4 mi
#52 in Coconut Grove · #308 in Miami
Room for improvement.
For sale
3
1 pending · 12.0 mo supply
Median asking
$389K
from $280K
Median $/sqft
$481/sqft
$465/sqft sold, 12 mo
Days on market
1
97 to sell · 3 in 12 mo
1 of 3 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Waters Edge is a well-maintained waterfront community situated where Coral Gables meets Biscayne Bay. The property is located on Edgewater Drive, offering proximity to Coconut Grove and South Miami. The community is described as a boater's paradise with direct water access.
The building features a variety of shared amenities, including a waterfront pool, a clubhouse, a sauna, and a steam room. The grounds are professionally maintained and landscaped, featuring a courtyard and a dedicated laundry room located near the units.
Live near more of Miami
What surrounds Waters Edge: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowDistances are straight-line, not walking or driving.
Getting around
Coconut Grove is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
CocoWalkPeacock ParkKennedy ParkThe BarnacleMetrorail (Coconut Grove)Biscayne Bay
65
/ 100
B+
own.miami Score
A data-grounded score for Waters Edge from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value80
$481/sqft — vs. Miami condos
Momentum11
-15.4% $/sqft over 6 months
Liquidity69
12.0 months of supply · 1 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age0
Built 1970
own.miami Condo Index
61100 = the median Miami condo, by price and liquidity.
Rank
#491 of 597 tracked Miami condos
Top 82% by price & liquidity
#35 of 36 in Coconut Grove
Momentum
↓ Cooling
$481/sqft median ask
Liquidity
Hot
Want the inside track on Waters Edge?
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 Waters Edge; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 100 Edgewater Dr
- Year built
- 1970
- Floors
- 3
- Residences
- 129
- Waterfront
- Yes
Amenities
- · Pool
- · Sauna
- · Steam room
- · Clubhouse
- · Security
- · Marina
- · BBQs
Building rules
- Parking
- Units include assigned parking spaces with additional guest parking available.
Special assessments & recertification outlook
WatchVerified records
- Positive40-year recertification completedJun 24, 2026
Source: MLS listing remarks
- Listings report the 40-year recertification completed
- Listings note no special assessment currently
- Built 1970 — past its first structural milestone; next inspection around 2035
Estimated from Waters Edge’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.
Frequently asked
How much do condos at Waters Edge cost?+
There are 3 condos for sale at Waters Edge, from $279,900, with a median asking price of $389,000 ($481/sqft).
Is Waters Edge a good time to buy?+
Waters Edge currently has about 12.0 months of supply — a balanced pace.
How much are the HOA fees at Waters Edge?+
HOA / maintenance fees at Waters Edge run around $825 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 Waters Edge a waterfront building?+
Yes — Waters Edge is a waterfront building (Coconut Grove).
When was Waters Edge built?+
Waters Edge was built in 1970, 3 stories, 129 residences.
Stay ahead
Interested in Waters Edge?
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.
If you like Waters Edge, 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/waters-edge" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>