The Best Condos in Edgewater, Miami: 5 Bayfront Luxury Towers Ranked

Wrapped around the eight-acre, waterfront Margaret Pace Park and sitting right on the edge of Biscayne Bay, Edgewater has gone from overlooked to one of Miami's most in-demand addresses in barely a decade. Its appeal is simple: a genuinely central location, a near-unbroken wall of bay frontage, and a cluster of new-construction towers built by some of the most ambitious developers in the city.

If you're shopping the neighborhood's best luxury condos, this is our research-backed ranking of the five buildings that consistently lead the conversation — with pricing context, architecture and design pedigree, amenity programs, and an honest read on which building fits which buyer. We've also flagged where Edgewater is heading next, plus a quick take on eating and shopping within walking distance.

Why Choose Edgewater, Miami?

Three things keep pulling buyers to Edgewater:

Location. Edgewater is hemmed by the best of central Miami. Downtown and its nightlife are around the corner, Wynwood's galleries and cafés are minutes away, and The Shops at Midtown Miami cover everyday errands. The Design District, Brickell and Brickell City Centre, and South Beach are all a five-to-ten-minute drive — the latter via the scenic Venetian Causeway.

The water. Edgewater's rapid development is, in large part, a bayfront story. Sitting on Biscayne Bay, the neighborhood delivers open-water, ocean, and skyline views, and Margaret Pace Park runs right along the water with jogging paths; tennis, basketball, and volleyball courts; kayak and paddleboard launches; and dog parks.

Quality of life. It's a compact, walkable, family-friendly pocket with good schools and restaurants in easy reach — an 87 "Very Walkable" Walk Score, plus the free city trolley and the Metromover for getting around without a car.

For a fuller breakdown of how the neighborhood stacks up against its neighbor to the south, see our Brickell vs. Edgewater comparison.

The Quick Comparison

Browse Edgewater condos for sale · Edgewater neighborhood guide

Price-per-square-foot figures are approximate, research-based averages and move with the market — treat them as a relative gauge, not a quote.

5. Paramount on the Bay — The Established Bayfront Value

The oldest building on this list is also the most quietly compelling value play. Paramount on the Bay opened in 2012 at 2020 N Bayshore Drive, sitting directly on Biscayne Bay with protected, unobstructable water views — a structural advantage that's only become rarer as the neighborhood filled in. Arquitectonica handled the architecture; the interiors and common spaces were envisioned by musician Lenny Kravitz.

With 346 residences across 47 stories, it's a larger building than the boutique newcomers, but the floor plans are generous, with private terraces and floor-to-ceiling glass framing panoramic bay views.

The amenity stack is deep for the vintage: a 91-foot lap pool plus a separate private waterfront pool; a two-story, 6,000-square-foot spa and fitness center; a pilates studio; a business lounge; a webcam-monitored kids' and teens' area; a ground-level retail streetscape with an outdoor café; and an on-site car wash. And it's a short walk to Margaret Pace Park.

Best for: buyers who want true bayfront frontage and a mature, fully-amenitized building at the lowest entry point on this list — without paying the new-construction premium.

4. One Paraiso — The Exclusive Tower in the Paraiso Cluster

Of the four towers in the bayfront Paraiso complex, One Paraiso is the standout — it sits directly on the water with premium amenities the other towers don't share. Completed in 2018, it holds 276 residences across 53 stories, with architecture again by Arquitectonica, interiors by Italian designer Piero Lissoni, and landscaping by Switzerland's Enzo Enea.

Residences feature custom European cabinetry, high-end appliances, and imported marble flooring. Two full floors are dedicated to amenities: a lap pool and a zero-entry pool, a spa, a business center, a party room, a library, a theater, a wine-tasting salon, and a children's playroom. At ground level, residents get a tanning pool, two tennis courts, and a bayfront beach club with its own private pool, lounge, and marina with private slips.

Best for: buyers who want a resort-grade amenity program and a private marina, inside an established delivered building with a proven resale history. For the full lineup of Paraiso towers side by side, read our Paraiso District comparison.

3. Aria Reserve — The Tallest Waterfront Twin Towers in the U.S.

After delivering Aria on the Bay in 2018, Melo Group set out to build something far more ambitious: the tallest waterfront twin towers in the United States. Aria Reserve's South Tower completed in 2025, with the North Tower close behind. The two 62-story buildings overlook roughly five acres of waterfront reserve and are positioned among the most luxurious new addresses in Edgewater.

Designed by Arquitectonica, the towers split ~383 residences between them, with interiors by MORADA-Haute Furniture Boutique. A flow-through layout gives every residence both waterfront and sunset exposures, paired with 10-foot ceilings, 11-foot-deep terraces, and a dedicated office or bonus room. Owners can also rent their unit up to four times per year — a flexibility point worth underlining for investor-buyers.

The amenity program is one of the broadest in the neighborhood: a bay-view café, a waterfront restaurant, three pools set in expansive gardens, a whirlpool spa, a theater, and a telescope observation area, plus basketball, tennis, mini-golf, and a watersports marina.

Best for: buyers who want the newest delivered product, flow-through bay-and-sunset views, and rental flexibility — with the deepest amenity menu on this list.

2. Missoni Baia — The Branded-Residence Statement

Missoni Baia is the Italian fashion house Missoni's first residential project anywhere in the world — a 57-story bayfront tower at 777 NE 26th Terrace, completed in 2022 by OKO Group (Vladislav Doronin) and Cain International. The architecture is by Hani Rashid of Asymptote, with interiors shaped by New York's Paris Forino and the Missoni design team bringing the brand's signature color and pattern into the building.

Across 249 residences, the appeal is equal parts brand and ambition: Rashid's deeply sculpted, curving exterior is one of the most recognizable forms on the entire Biscayne Bay strip.

The amenity program is aggressive: a bayside terrace with a cantilevered pool, a spa, a hair-and-nail salon, a 1,700-square-foot fitness center with a private training room and yoga studio, an elevated tennis court, a party room, a game room, a pet spa, a children's play area, an indoor terrace lounge, and an outdoor lounge deck. The seventh-floor pool deck adds an Olympic-length pool, a lounge pool, a whirlpool spa, and a kids' splash pad.

Best for: buyers who want a globally-recognized branded residence with serious architectural credibility — and the design pedigree that tends to hold value. For the full breakdown, read our Missoni Baia buyer's guide.

1. Elysee Miami — The Most Luxurious Condo in Edgewater

At the top of the list is one of the most exclusive condominiums anywhere in Miami. Elysee Miami is a three-tier, all-glass waterfront tower at 788 NE 23rd Street, completed in 2021 with just 100 residences across 57 floors — a boutique unit count that's the lowest on this list by a wide margin. The architecture comes from Arquitectonica founder Bernardo Fort-Brescia, with interiors by French designer Jean-Louis Deniot, pairing bold glamour with restraint.

The amenities are organized like a private club across the building's signature floors. The 7th-floor health club brings a resort-style lap pool, a poolside bar, a spa, a blow-dry bar, a waterfront fitness center with a yoga studio, an outdoor summer kitchen, and a BBQ terrace. The 30th-floor sky lounge holds a grand salon with 360-degree views, a formal dining room with a wine cooler, a chef-grade commercial kitchen, a library, a private theater, and a teen lounge. Rounding it out: a bayfront sunrise pool, an owner's bayfront lounge, two guest suites, and a Premium Elysee Attaché concierge service covering everything from moving and personal shopping to automated parking.

Best for: buyers who put exclusivity and low density first — the fewest neighbors, the highest finish level, and the most concierge-driven experience in Edgewater. It earns the top spot, and the highest price-per-square-foot on this list, for exactly those reasons.

What's Next: Edgewater Pre-Construction

Edgewater's bayfront is nearly built out, which makes the remaining new-construction sites unusually valuable. The headline pre-construction project is LILLI Residences — OKO Group's 53-story, 117-residence boutique tower at 717 NE 27th Street, designed by Adrian Smith + Gordon Gill (the firm behind the Burj Khalifa and Brickell's Una Residences). It sits on one of the last undeveloped Biscayne Bay parcels in the neighborhood, with pricing from around $1.65M.

For buyers focused on brand-new bayfront, the shortlist in Edgewater after LILLI sells out is short — see our LILLI Residences buyer's guide for the full picture.

Eating & Shopping in Edgewater

Edgewater's compact footprint puts everyday needs within a short walk or drive:

• The Shops at Midtown Miami — the neighborhood's anchor for errands, groceries, and casual dining, just to the west
• Wynwood — galleries, coffee, and some of the city's most talked-about restaurants, minutes north
• The Design District — luxury retail and destination dining, a five-minute drive
• Margaret Pace Park — the waterfront green heart of the neighborhood, with weekend farmers-market energy and open-air recreation

The Bottom Line

Edgewater rewards buyers who want central, walkable, bayfront living without committing to the density of Brickell or the premiums of the islands. The five buildings above represent the top of the market:

• Elysee for exclusivity and finish
• Missoni Baia for branded design credibility
• Aria Reserve for the newest product and rental flexibility
• One Paraiso for a resort-grade amenity program and private marina
• Paramount on the Bay for established bayfront value

Ready to tour or want current availability and pricing? Browse Edgewater condos for sale, explore the Edgewater neighborhood guide, or get in touch — Edgewater is one of our favorite pockets in the city, and we're happy to help you find the right line and exposure.