New 53-Story Tower and Baywalk Extension Planned for Edgewater
The OKO Lilli Tower will introduce 117 luxury residences and a landscaped baywalk extension to the Edgewater waterfront.
New Development at 717 NE 27th St
A new 53-story glass skyscraper, the OKO Lilli Tower, is planned for 717 NE 27th St. in Edgewater. According to Miami Today, the project will include 117 luxury residences and a landscaped baywalk extension along the waterfront.
Impact on the Edgewater Waterfront
The addition of a landscaped baywalk extension is expected to modify the pedestrian experience along the water. For residents in nearby buildings, the project introduces a significant vertical addition to the local skyline. The tower's location on NE 27th St. places it in close proximity to several established waterfront properties.
Nearby Inventory and Market Context
For those looking at the Edgewater market, the current inventory shows a variety of options within walking distance of the new construction site. As of August 27, 2026, Edgewater has 326 active condo listings with a median asking price of $944,500 ($856/sq ft).
Nearby buildings offer different price points and styles:
- Bay House (0.2 mi away) has 7 active listings from $810,000 with a median asking price of $679/sq ft.
- Onyx On The Bay (0.2 mi away) has 5 active listings from $620,000 with a median asking price of $630/sq ft.
- Icon Bay (0.2 mi away) has 13 active listings from $635,000 with a median asking price of $708/sq ft.
- The Crimson (0.2 mi away) has 5 active listings from $510,000 with a median asking price of $628/sq ft.
- 601 NE 23rd St (0.2 mi away) has 4 active listings from $560,000 with a median asking price of $468/sq ft.
- Aria Reserve (0.2 mi away) has 43 active listings from $1.15M with a median asking price of $1,293/sq ft.
Construction and Neighborhood Growth
The development of the OKO Lilli Tower is part of a broader trend of high-rise construction in the area. The project's scale and the inclusion of a baywalk extension are intended to enhance the waterfront's infrastructure.
Sources Miami Today — https://www.miamitodaynews.com/
Frequently asked questions
How many residences will be in the OKO Lilli Tower?+
The project will include 117 luxury residences.
What features are included in the new development at 717 NE 27th St.?+
The project features a 53-story glass skyscraper and a landscaped baywalk extension along the waterfront.
What is the median asking price for condos in Edgewater?+
As of August 27, 2026, the median asking price in Edgewater is $944,500 ($856/sq ft).
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