New Developments and Inventory Shifts in Edgewater and Midtown
New residential projects and shifting inventory across Edgewater and Midtown are shaping the local condo market and skyline.
Expanding Inventory and Local Development
New residential projects and construction milestones are shaping the skyline and inventory for residents in Edgewater and nearby districts. The local market is seeing a mix of established inventory and new developments that impact walkability and density. For example, the Miami International Mall project includes three-phase, six-story residential components, contributing to the local housing mix.
While the broader region sees growth, specific local developments are creating varied opportunities for buyers. The Miami-Dade County taxable property value increased by 5.4%, according to Miami Today.
Comparative Market Data
For those looking at the Edgewater area, there are currently 326 active condo listings with a median asking price of $944,500 ($856/sq ft). The area has seen 281 sales in the last 12 months, according to Own Miami data.
In the adjacent Midtown area, inventory varies significantly by building. The Standard Residences Midtown has 36 active listings from $505,000 at a median asking price of $1237/sq ft. Nearby, Standard offers 12 active listings from $550,000 at a median asking price of $1099/sq ft.
Other nearby options include Midblock, which has 13 active listings from $510,000 at a median asking price of $557/sq ft, and Midtown 4, which has 13 active listings from $529,000 at a median asking price of $583/sq ft. Further out, Hyde Midtown has 29 active listings from $508,000 at a median asking price of $786/sq ft, while Midtown 2 has 12 active listings from $599,000 at a median asking price of $618/sq ft.
Regional Infrastructure and Context
Infrastructure changes continue to impact the region's logistics. Miami International Airport is acquiring nearby land as part of a $14 billion capital expansion plan, according to Miami Today. Additionally, the historic Miami-Dade County Courthouse was recently placed on a government surplus website for auction after failing to sell for more than $50 million, according to Miami Today.
Sources Miami Today: Real Estate Archives — https://www.miamitodaynews.com/real-estate/
Frequently asked questions
What is the median asking price for condos in Edgewater?+
The median asking price for the 326 active condo listings in Edgewater is $944,500 ($856/sq ft).
How much do units at The Standard Residences Midtown cost?+
There are 36 active listings at The Standard Residences Midtown starting from $505,000 with a median asking price of $1237/sq ft.
What are the price points for units at Midblock and Midtown 4?+
Midblock has 13 active listings starting from $510,000, while Midtown 4 has 13 active listings starting from $529,000.
What are the starting prices for units at Hyde Midtown and Midtown 2?+
Hyde Midtown has 29 active listings starting from $508,000, and Midtown 2 has 12 active listings starting from $599,000.
More Edgewater news
The Rider Residences Reaches Construction Milestone in Edgewater
The Rider Residences at 94 NE 29th Street is progressing toward a 2027 completion, bringing new inventory and retail space to the Edgewater neighborhood.
Settlement Clears Path for EDITION Residences in Edgewater
A legal settlement with the owners of Biscayne 21 allows Two Roads Development to proceed with the 55-story EDITION Residences project in Edgewater.
Edgewater condo market report — August 2026
17 closed sales, median $650/sq ft sold, 328 active listings in Edgewater during August 2026.
Edgewater's 2900 Terrace Reaches Structural Topping Out Early
The 32-story 2900 Terrace tower in Edgewater reached its structural topping out milestone nearly three months ahead of the project's baseline schedule.