Flanigan's IndexLive now29 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 2.4 mi
#53 in Coconut Grove · #307 in Miami
Ten minutes on a good day. Miami has fewer of those than it admits.
For sale
3
1 pending · 9.0 mo supply
Median asking
$550K
from $389K
Median $/sqft
$481/sqft
$456/sqft sold, 12 mo
Days on market
84
60 to sell · 4 in 12 mo
2 of 3 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Waters Edge is a low-rise waterfront condominium in Coconut Grove: 3 floors and 129 residences, built in 1970. The county records it as Waters Edge of Coral Gables Condo. 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 B, and the lowest street beside it is 3.8 ft above the highest tide predicted for 2026 at Virginia Key.
Getting around without a car is limited here. The Car-Free Index is 10, and the nearest rail stop, University Metrorail Station, is 2260 m (about 1.4 miles) away in a straight line. The nearest Publix is 2560 m (about 1.6 miles) away.
On the 2025 tax roll, 34% of the 129 units carry a homestead exemption and 15% are owned by a company or trust. Four resale deeds were recorded in the 12 months to October 21, 2026. The financeability reading is limited, at 48 of 100, meaning few recent purchases were financed by regulated lenders. A public records check run October 20, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.
Live near more of Miami
What surrounds Waters Edge: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowPublix IndexLive now
26 / 100
Nearest Publix: Publix at Publix Super Market, 1.6 mi
#44 in Coconut Grove · #705 in Miami
Under two miles. Nobody has ever complained about this.
1 Publix stores nearby
Car-Free IndexLive now
10 / 100
Nearest rail station: University Metrorail Station, 1.4 mi
#49 in Coconut Grove · #288 in Miami
Park and ride territory.
1 rail stations nearby
Distances 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
64
/ 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.
Value83
$481/sqft — vs. Coconut Grove condos, then all of Miami
Momentum12
-14.1% $/sqft over 6 months
Liquidity54
9.0 months of supply · 84 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age9
Built 1970 — vs. Coconut Grove buildings
own.miami Condo Index
87At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#442 of 698 tracked Miami condos
Top 63% by price per sq ft
#43 of 45 in Coconut Grove
Momentum
↓ Cooling
$481/sqft median ask
Liquidity
Balanced
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
$549,900$478/sqft
2 bd · 2 ba · 1,150 sqft
100 Edgewater Dr #115
Listing courtesy of London Foster Realty, Orlando Fuentes (Lic. #3121377) · MLS #A12110722
$650,000$532/sqft
2 bd · 2 ba · 1,221 sqft
100 Edgewater Dr #142
No special assessments
Listing courtesy of Compass Florida, LLC., Jessica Deaunovich (Lic. #3573272) · MLS #A12041968
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
- Developer
- Urban 301 Madeira LLC
- 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
WatchPublic records checked Oct 26, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 25% of its recorded sales. 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 52/100.
Source: Miami-Dade Clerk official 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.
Financeability
What the banks say about Waters Edge: 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
- 3
- 3 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 25%
- 4 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 3
Medium 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 Coconut Grove
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: 11.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- 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
- 4.9 ft
- Lowest nearby street
- 4.8 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 3.8 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
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S017929 · 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 Waters Edge cost?+
There are 3 condos for sale at Waters Edge, from $389,000, with a median asking price of $549,900 ($481/sqft).
How much are the HOA fees at Waters Edge?+
HOA / maintenance fees at Waters Edge run around $1,164 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.
Who developed Waters Edge?+
Waters Edge was developed by Urban 301 Madeira LLC.
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