Edgewater condo financeability
Which buildings the banks are lending on, at what down payment. Read from recorded mortgages in the public record — counts and shares only, never individual loans.
Financeability Index
| Building | Reading | Loans (12 mo) | Sales financed | Avg. down | Lowest down |
|---|---|---|---|---|---|
| 1800 Biscayne Plaza | 90Readily financeable | 10 / 11 | 60% | 31.7% | 3% |
| Canvas | 90Readily financeable | 24 / 24 | 68% | 22.8% | 3% |
| The Crimson | 90Readily financeable | 6 / 6 | 67% | 23.8% | 5% |
| 1800 Club | 89Readily financeable | 21 / 23 | 65% | 28.4% | 5% |
| Cité on the Bay | 89Readily financeable | 12 / 13 | 69% | 21.7% | 5% |
| New Wave | 87Readily financeable | 8 / 8 | 100% | 30.7% | 10% |
| City 24 | 83Readily financeable | 5 / 5 | 83% | 24.5% | 8.6% |
| Blue on the Bay | 82Readily financeable | 11 / 11 | 50% | 24.7% | 10% |
| Charter ClubVA | 82Readily financeable | 7 / 8 | 45% | 21.5% | 20% |
| Gran Paraiso | 82Readily financeable | 13 / 14 | 47% | 31.9% | 5% |
| Paraiso Bay | 80Readily financeable | 8 / 8 | 36% | 31.6% | 5% |
| Paraiso Bayviews | 80Readily financeable | 17 / 18 | 55% | 30.7% | 10% |
| Bay House | 78Readily financeable | 11 / 14 | 55% | 27.7% | 15% |
| Onyx On The Bay | 77Readily financeable | 8 / 10 | 40% | 17.6% | 3% |
| Paramount Bay | 76Readily financeable | 23 / 25 | 67% | 30% | 20% |
| One Paraiso | 74Financeable | 12 / 14 | 45% | 25.4% | 5% |
| Aria Reserve | 72Financeable | 33 / 47 | 33%incl. 19 developer closings | 36.1% | 10% |
| Aria on the Bay | 72Financeable | 25 / 37 | 40% | 28.5% | 5.4% |
| Cité | 72Financeable | 6 / 8 | 45% | 23.8% | 10% |
| Icon Bay | 72Financeable | 11 / 12 | 35% | 28.4% | 10% |
| Quantum on the Bay | 71Financeable | 20 / 22 | 36% | 29.3% | 10% |
| Uptown Lofts | 70Financeable | 3 / 3 | 60% | 36.3% | 10% |
| Opera Tower | 69Financeable | 17 / 21 | 35% | 28.1% | 10% |
| Star Lofts on the Bay | 69Financeable | 2 / 2 | 67% | 20% | 5% |
| Baylofts | 68Financeable | 0 / 0 | — | 20.8% | 5% |
| 23 Biscayne Bay | 63Financeable | 1 / 3 | — | 31.7% | 20% |
| Elysee | 63Financeable | 12 / 12 | 60% | 24.8% | 20% |
| Missoni Baia | 61Financeable | 12 / 13 | 23% | 32.1% | 20% |
| Biscayne Beach | 59Financeable | 9 / 9 | 21% | 37.2% | 15% |
| Gallery Art | 57Financeable | 3 / 3 | 60% | 35.2% | 23.8% |
| The Yorker | 51Financeable | 2 / 3 | — | — | — |
| Emilia | 47Limited financing | 1 / 1 | — | 33.3% | 25% |
| Bayview Tower | 45Limited financing | 1 / 1 | — | — | — |
| Platinum | 37Limited financing | 1 / 2 | 25% | — | — |
| The Grand | 31Limited financing | 3 / 8 | 6% | 28.3% | 25% |
| Parc LoftsVA | 28Mostly cash | 1 / 2 | 0% | — | — |
| Wynwood Lofts | 22Mostly cash | 0 / 0 | — | — | — |
| 321 NE 26th St | Not enough recorded loans | 0 / 1 | 0% | — | — |
| Bay Park Towers | Not enough recorded loans | 0 / 1 | 0% | — | — |
How we read it
A bank that writes a purchase mortgage at an ordinary down payment has just checked the building itself: reserves, insurance, litigation, owner-occupancy. The index (0–100) adds four parts: the share of recorded sales financed by regulated lenders over 24 months (up to 40), the lowest down payment one of them accepted (up to 35), lending in the last 12 months (up to 15) and FHA/VA programme approval (10). The absence of loans proves nothing — cash buildings are simply marked "not enough recorded loans" — so nothing here ever lowers a building's Health score.
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. · As of 2026-10-15