Edgewater is one of the most vertically developed and strategically located commercial submarkets in Miami. What started as a quiet, waterfront residential zone has rapidly become a target for mixed-use development, luxury retail, and boutique commercial investment. With dense zoning, direct access to Biscayne Boulevard, and proximity to major business and cultural districts, Edgewater sits at the intersection of infrastructure, affluence, and opportunity.
For commercial tenants and investors, Edgewater offers something rare in Miami: a captive, high-income customer base in an under-retailed, high-growth environment.
Edgewater has added more than 10,000 residential units in the past decade, including ultra-luxury towers like:
Yet despite this density, commercial space has lagged behindâcreating strong demand for:
Edgewaterâs residents are affluent, full-time urban dwellers, and theyâre hungry for convenience, quality, and design-forward brands. Ground-floor space in new towers leases quicklyâand resales of small-scale retail properties are now setting record PSF numbers.
The neighborhood’s commercial activity is anchored by Biscayne Boulevard, which serves as the gateway to Edgewater from both Downtown and the Upper East Side. This corridor supports:
Retail tenants along the boulevard benefit from built-in foot traffic, strong daytime population from nearby offices, and visibility to 40,000+ cars daily.
Major developments in adjacent submarketsâlike the Wynwood Norte expansion and Midtownâs second-phase retailâare pushing more traffic and activity toward Edgewater, increasing the value of every leasable and developable square foot in this submarket.
Edgewater is largely zoned T6-36 and T6-48, allowing for high-rise construction and ground-floor commercial across most of the neighborhood. Developers and investors are capitalizing on this by:
The neighborhood’s bayfront views, walkability, and new infrastructure improvements make it a magnet for creative development and high-margin leasing.
Edgewater is no longer a fringe districtâitâs a fully formed, high-density, mixed-use neighborhood. For developers, landlords, and commercial tenants, it presents one of the best remaining opportunities to capture upside in Miamiâs urban core.