The Appeal of East Edgewater - Rava Realty

The Appeal of East Edgewater

Posted by:

With the beaches to its east, Wynwood Arts District and the airport to the west, downtown Miami to the south and the Design District to the north, East Edgewater presents an attractive opportunity the city has seen since Miami Beach’s South of Fifth neighborhood transformed from a rundown area to now one of the most valuable destinations.

In the 1930s, East Edgewater was home to Miami’s wealthy individuals but by the 1980s, the zone had fallen into disrepair. Then came the early 2000s — with zoning changes came developers and high-rises like Quantum on the Bay. These days, East Edgewater is the only neighborhood in downtown Miami with waterfront that is zoned for high-rise condos.

As such, Miami’s developers like Terra Group, Related, Melo Group, etc. have taken notice and since 2011, 10 pre-construction projects have launched in East Edgewater — including Crimson, Icon Bay and Bay House. Another five projects are expected to be delivered by the end of 2017, bringing 1,500 new residences to the area.

0