Which Edgewater Condo Towers Fell the Least?

Seven of eight Edgewater towers are 3% to 11% below their best 12 months. Elysee is down 26%. Varun Hemraj's picks: One Paraiso, Paramount Bay and Missoni Baia. MLS condo sales in zip 33137 through October 14, 2026.

• One Paraiso: $984/sf, 5.8% below its best 12 months ($1,045, ended Jun 2025), 7.8 months of supply, 17 sales
• Paramount Bay: $852/sf, 7.9% below best ($925, ended Dec 2023), 7.2 months of supply, 25 sales
• Missoni Baia: $1,014/sf, 7.6% below best ($1,097, ended Jun 2024), 10.9 months of supply, 11 sales
• Paraiso Bayviews fell least (-2.8%, $669/sf) but has 28.5 months of supply
• Elysee: $1,066/sf, 25.7% below best ($1,435, ended Mar 2024), 7.5 months of supply; rough, small sample
• Paraiso Bay 24.0, Gran Paraiso 15.2, Biscayne Beach 10.0 months of supply
• Eight towers: $836/sf median over last 12 months (132 sales), 8% below the best 12 months ($905, ended Dec 2024)
• Units sold at 92% to 96% of last list price; asking prices run 3% to 25% above closed sales

Varun Hemraj · Abakus Realty LLC · Brokered by West Avenue Realty · Florida License #FL-3379132 · 703-732-0764 · varunhemraj.com

Member of the Miami Association of REALTORS® and MIAMI MLS. Equal Housing Opportunity. Information deemed reliable but not guaranteed.

Indian Realtor in Miami specializing in Brickell, Miami Beach, and South Florida pre-construction and luxury real estate.