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Positioned one block from Biscayne Bay, the offering consists of two lots totaling 13, 195 SF, with the potential to assemble with contiguous parcels for a larger-scale development play.
The site is surrounded by premier luxury towers including Missoni Baia, Bay House Miami Residences, and Onyx on the Bay, reinforcing its high-end positioning and proven absorption.
Zoned T6-36a-L, the property allows by right up to 17. 9 units and 141, 024 SF of buildable area, with the ability to increase density by up to 40% in FAR and 100% in unit count through Public Benefit incentives—creating a highly efficient vacant site with significant upside.
Strategically located between the Miami Design District, Midtown, Wynwood, and Downtown, the site benefits from immediate access to Miami’s primary economic and lifestyle drivers.
As of early 2026, Edgewater has experienced approximately 4%–7% year-over-year growth in residential sales price per square foot, driven by continued luxury development and strong buyer demand. This trend is expected to persist as the submarket approaches full build-out and developable land becomes increasingly scarce.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,800,000 | $4,800,000 | $4,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,165 | $29,946 | $40,830 |
| Total Monthly Payment | $29,290 | $30,071 | $40,955 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.