# Waters Edge

As of 2026-10-30, Waters Edge in Coconut Grove has 3 units for sale at a median asking price of $550K ($481/sqft); 4 units sold in the last 12 months.

Waters Edge is a 3-story, 129-unit waterfront condominium at 100 Edgewater Dr in Coconut Grove, built in 1970 and mapped in FEMA flood zone AE.

## Key facts

| | |
|---|---|
| Address | 100 Edgewater Dr |
| Neighborhood | Coconut Grove |
| Year built | 1970 |
| Floors | 3 |
| Units | 129 |
| Waterfront | yes |
| Developer | Urban 301 Madeira LLC |
| For sale | 3 |
| Pending | 1 |
| Median asking price | $549,900 |
| Median asking $/sqft | $481/sqft |
| Sold, last 12 months | 4 |
| Median sold $/sqft, 12 months | $456/sqft |
| Months of inventory | 9.0 |
| Median HOA | $1,164/mo |
| Parking | Units include assigned parking spaces with additional guest parking available. |

## Own Miami measures

- **own.miami Building Score: 64 (B+)**
  - Value: 83 — $481/sqft — vs. Coconut Grove condos, then all of Miami
  - Momentum: 12 — -14.1% $/sqft over 6 months
  - Liquidity: 54 — 9.0 months of supply · 84 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 9 — Built 1970 — vs. Coconut Grove buildings
- **Own Miami Condo Index: 87** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 442 of 698 tracked Miami condos)
- **Financeability Index: 52** (good; 12-month window, 3 recorded mortgages, 25% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2035)

## Building health (verified public records)

- Public records checked 2026-10-26: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-10-31)
- positive: 40-year recertification completed (2026-06-24)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [Coconut Grove — neighborhood guide](https://own.miami/coconut-grove)
- [All units for sale at Waters Edge](https://own.miami/buildings/waters-edge/for-sale)
- [Gables Waterway Towers](https://own.miami/buildings/gables-waterway-towers)
- [Admiral Farragut](https://own.miami/buildings/admiral-farragut)
- [Edgewater East](https://own.miami/buildings/edgewater-east)
- [Tiger's Trapp](https://own.miami/buildings/tiger-s-trapp)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/waters-edge
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