Read the full record 4 paragraphs and 13 facts, every figure from the MLS and county record
Completed in 2012, 23 Biscayne Bay stands 18 stories at 601 NE 23rd St in Edgewater. The Miami-Dade Property Appraiser lists 96 residential units plus two commercial units, averaging 1,063 SF of living area. It was developed by The Melo Group.
On November 2, 2026, two units were listed for sale, asking $320K to $330K ($483 to $498/SF). One more was under contract. One sale closed between November 2, 2025 and November 2, 2026 at $550K, $417/SF. The year before saw four closed sales. The MLS holds 37 closed sales here going back to 2019; among years with three or more sales, 2022 set the high at a median $486/SF. Three-bedroom-plus units made up four of the 5 sales in the last 24 months, at a median $517,500.
Three units were offered for rent at $2,500 to $3,000 a month. 15 leases were signed over the same 12 months, at a median $3,700 a month (range $2,200 to $4,200). Leases outnumbered sales 15 to 1 over that year, so renters are a large share of who lives here.
About 35% of the residences are owner-occupied according to county records, which points to an investor-heavy ownership base.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 601 NE 23rd St, Miami 33137
- Neighborhood
- Edgewater
- Developer
- The Melo Group
- Front desk / mgmt
- (305) 573-1333
- Year built
- 2012
- Floors
- 18
- Residences (county-verified)
- 96
- Commercial units
- 2
- Owner-occupied
- 35% of residences
- Avg. unit size
- 1,063 sq ft
- Total living area
- 102,001 sq ft
- County condo folios
- 98
- Recorded MLS listings
- 177