Downtown Miami is the cultural, historic and commercial center of South Florida. It has undergone a transformation in recent years with new high-rise condos being built and beautification projects completed. It is home to theatres, corporate headquarters, parks, education centers and the Perez Art Museum. Along with American Airlines Arena and Bayfront Park, Downtown is home to the Miami Heat basketball team, Ultra Music Festival and many other concerts, shows and conventions.
Just north of Downtown, Edgewater and Midtown have evolved as dynamic neighborhoods, and have quickly grown in popularity over the past decade. An influx of new development and commercial activity, including several exceptional projects, have spurred the local real estate market, as young professionals and creative-entrepreneurial millennials move-into the area. Proximity to the flourishing art scene and start-up tech activity in nearby Wynwood, as well as the emergence of the Design District, render Edgewater and Midtown very desirable neighborhoods.
For those in search of an urban, city lifestyle and close proximity to entertainment, the arts and the beaches, the Downtown-Edgewater-Midtown area is an ideal fit. Demand for well-priced condos in the area is strong, and they tend to sell quickly. Prices start around $300k – $400k, for a 1-bedroom apartment. Prices for new construction condos range from $450 – $1200 per square foot, depending on the project.
If you are interested in buying or selling real estate in the Downtown, Edgewater or Midtown areas, contact Alex at 786-301-5357, or by email at [email protected]