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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 400k in Edgewater Miami, FL

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Star IconWhat to know
  • Edgewater features a vibrant community with a diverse demographic makeup, making it an appealing choice for homebuyers seeking a dynamic lifestyle.
  • The largest age group in Edgewater consists of residents aged 35 to 39 who earn up to $71,339.

Market Overview

AVG. DAYS ON MARKET
146
Trending Up29.37% year over year
AVG. SOLD PRICE
$352,603
Trending Down3.12% year over year

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Frequently Asked Questions About Miami, FL

What is it like to live in Edgewater, Miami, FL?

Living in Edgewater offers a dynamic urban experience with waterfront views and proximity to downtown Miami and Biscayne Bay. The area features a mix of modern high-rise condos and boutiques, as well as parks for outdoor activities. Residents enjoy a diverse community and easy access to cultural venues and dining options.

Is Edgewater, Miami, FL expensive?

Edgewater is considered one of the more expensive neighborhoods in Miami, with a rising cost of living driven by luxury real estate developments and waterfront properties. Median home prices and rental rates are higher than the Miami average, reflecting the area's desirability.

What is the weather of Edgewater, Miami, FL?

Edgewater experiences a tropical monsoon climate with warm temperatures year-round. Average highs range from 77°F (25°C) in winter to about 90°F (32°C) in summer, with frequent rainfall during the summer months. Humidity is typically high, and the area is at risk for hurricanes during the Atlantic hurricane season from June to November.

How safe is Edgewater, Miami, FL?

Edgewater is considered a relatively safe neighborhood in Miami, with crime rates lower than the city average. The community is vigilant, and many residents participate in local safety initiatives and neighborhood watch programs.