Read the full record 4 paragraphs and 18 facts, every figure from the MLS and county record
Blue on the Bay is a 35-story tower at 601 NE 36th St in Edgewater, completed in 2005. The Miami-Dade Property Appraiser lists 328 residential units plus three commercial units, averaging 1,162 SF of living area. It was developed by Hyperion Group and designed by Arquitectonica. Interiors are by ArquitectonicaINTERIORS. The condo archive records it as waterfront (no / across water). MLS and county records use the legal name Blue Condo.
On November 2, 2026, 18 units were listed for sale, asking $480K to $1.5M (median ask $592/SF across 18 listings). Three more were under contract. 10 sales closed between November 2, 2025 and November 2, 2026, from $450K to $790K, a median $536/SF, after a median 88 days on the market. In the 12 months before that, 12 sales closed at a median $624/SF, so the median fell 14%. The MLS holds 124 closed sales here going back to 2019; among years with three or more sales, 2025 set the high at a median $668/SF. That 12-month median ranks 22nd of the 32 Edgewater buildings with at least three sales in the same window. Two-bedrooms made up 12 of the 22 sales in the last 24 months, at a median $595,000.
11 units were offered for rent at $3,500 to $5,900 a month. 38 leases were signed over the same 12 months, at a median $4,000 a month (range $3,000 to $9,200). Leases outnumbered sales 4 to 1 over that year, so renters are a large share of who lives here.
About 52% of the residences are owner-occupied according to county records. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 3 months; up to two leases a year. The association is managed by First Service Residential. I have six of its association documents on file, including the SIRS and the Rules & Regulations.
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 36th St, Miami 33137
- Neighborhood
- Edgewater
- Developer
- Hyperion Group
- Architect
- Arquitectonica
- Interior design
- ArquitectonicaINTERIORS
- Management
- First Service Residential
- Front desk / mgmt
- (786) 279-2583
- Year built
- 2005
- Floors
- 35
- Residences (county-verified)
- 328
- Commercial units
- 3
- Owner-occupied
- 52% of residences
- Avg. unit size
- 1,162 sq ft
- Total living area
- 381,145 sq ft
- County condo folios
- 331
- Waterfront
- No / Across Water
- Recorded MLS listings
- 455
- Recorded as
- Blue Condo