Final Phase of Aria Reserve Development Moves Forward in Edgewater

Expansion of the Edgewater Skyline

The final phase of the Aria Reserve development in Edgewater has been designed and is moving forward. This expansion includes the addition of both office and residential towers to the local skyline.

Local Market Context

For residents and prospective owners in Edgewater, the addition of new inventory and commercial space follows a period of active development in the area. As of August 2026, the neighborhood features 325 active condo listings with a median asking price of $949,000 ($863/sq ft). The area recorded 282 sales over the previous 12 months.

Nearby properties offer a range of price points and styles. Aria Reserve, located at 700 NE 24th St, currently has 43 active condo listings starting from $1.15M with a median asking price of $1,293/sq ft. Other nearby options include Elysee at 788 NE 23rd St, which has 7 active listings starting from $3.25M and a median asking price of $1,411/sq ft.

For those seeking different price points in the immediate vicinity, 601 NE 23rd St has 4 active listings starting from $560,000 with a median asking price of $468/sq ft. New Wave at 725 NE 22nd St offers 5 active listings starting from $540,000 with a median asking price of $759/sq ft.

Further toward the water, Onyx On The Bay at 665 NE 25th St has 5 active listings starting from $620,000 with a median asking price of $630/sq ft. Paramount Bay at 2020 N Bayshore Dr has 13 active listings starting from $885,000 with a median asking price of $1,073/sq ft.

Sources Miami Today: New office and residential towers planned for Edgewater — https://www.miamitodaynews.com/2025/07/23/new-office-and-residential-towers-planned-for-edgewater/