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New Developments in Edgewater: How to Compare Projects

New Developments in Edgewater: How to Compare Projects

When several new projects are selling at once in Edgewater, the temptation is to compare them by price per square metre and by the amenity list. Neither is comparable until you first equalise what is being measured.

Two projects can advertise the same unit size and measure it differently: one includes the terrace and the wall thickness, the other counts only habitable interior space. One delivers a fitted kitchen, the other offers it as a paid option. One projects association budgets based on a full building, the other publishes none. Comparing before you equalise the unit of measure and the delivery standard produces a conclusion that looks financial and is merely copywriting.

What is specific to Edgewater

A narrow strip between Biscayne Boulevard and the bay, north of downtown, where nearly every tower is recent. New waterfront towers and still-unrenovated inland blocks, one street apart. No Metromover station of its own; you depend on Biscayne Boulevard and the city trolley.

  • whether the unit faces the bay or Biscayne Boulevard, because the two sides of the same tower are not the same home
  • what is built across the street and what is approved to be built, because a bay view disappears with the next tower
  • the elevation of the parcel, given how close it is to the water

What to verify, step by step

  1. Ask each project for its finishes schedule and lay them side by side: that is the document stating what is delivered installed and what is billed separately.
  2. Ask each one how it measures the advertised area and request the dimensioned plan of the specific unit, not the typical floor.
  3. Request the estimated association budget and the reserve study if one exists, and compare the line items rather than the total.
  4. Compare orientation, height and the neighbouring unit on the full floor plan, because those cannot be changed later while amenity lists can grow.
  5. Separate the verifiable from the promised: the permit and the land are checked at the county; a beach club or a hotel brand are clauses you have to read.
  6. Run the comparison with a Florida-licensed broker who does not work exclusively for one of the projects.

Mistakes that cost money

  • Comparing price per square metre across projects that measure area differently: the conclusion comes out backwards.
  • Deciding on the amenity list, which is the easiest thing to change and the thing that later drives association dues up.
  • Comparing a permitted project against one that only owns land as if they were the same offer.

Frequently asked questions

What can actually be compared between two projects?
The finishes schedule, the dimensioned unit plan, the orientation, the state of the permit file and the contract clauses. Those are documents, not sales arguments.
So price per square metre is useless?
It is useful only after confirming that both projects measure area the same way and deliver an equivalent finish level. Without that it is a figure with no common denominator.
Can association dues be compared before delivery?
You can compare the estimated budget each developer projects, requested in writing. It is their estimate, not a settled figure, and it is worth reading line by line.

Where to check it

Official bodies. Specific figures are requested there, not copied from a listing.

Updated 2026-11-03

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Dimare Collection does not sell or broker property in Miami. This is an informational page: transactions are carried out by brokers licensed in the state of Florida. This text is not legal, tax, immigration or mortgage advice; it describes what to ask and whom to ask. The rules and bodies cited can change: always confirm with the official source. Operated by Nisimblat Consulting SAS.