EDGEWATER LOFTS

An exclusive 11-story residential development located in the rapidly booming Edgewater district of Miami.
The 68 property residence features studios,1 bedroom, and 2 bedroom lofts and was designed by the famous Revuelta Vega Leon. The properties are contemporary and sport 14 foot ceilings and floor-to-ceiling windows as well. Edgewater Lofts brides itself on its secluded and intimate home experience and even sports a recreation deck that is shared between the residents. Every unit has beautiful views of Biscayne Bay and the Miami Beach skyline . The prime central location is also something to swoon over as the Edgewater Loft Edgewater is also in close proximity to The Design District, Wynwood, Downtown Miami, and South Beach. A host of banks, fantastic restaurants, and trendy shopping options are within walking distance.

We purchased the distressed note from the bank and successfully reached a friendly deed in lieu of foreclosure with the original developer. It was the first case of a purchase of a construction loan note in distress in Miami after the condo bust of 2008. We bought the units at a record low price of $96 per square feet, less than 40% of the replacement construction cost. We lease up and sold out the whole building to international investors willing to take advantage of the lowest prices in decades.
We took care of the leasing, management and resold the units for them later on, giving the buyers high rates of return on their investment.
  • UNITS
  • ---
  • COMPLETION
  • ---