Miami Luxury Condos · Edgewater · The Crimson
90 residences at 601 NE 27th Street.
By Josh Stein · Florida license SL3057661 · Updated 1 October 2026
Verified 18 August 2026Miami-Dade County Property Appraiser1 source
The Crimson — photography to follow
On recorded 2026 sales this building runs $536 per square foot — cheaper than 97 of the 116 other buildings on the Miami Condo Index. Figures are closed sales from the Miami-Dade County Property Appraiser, not asking prices. Hover or tap a color to see the split.
Key Takeaways
- The Crimson recorded 5 sales in the 12 months to 23 September 2026 — at a median of $580,000, or $562 per square foot, on the Miami-Dade County Property Appraiser record. The latest recorded sale was on 8 July 2026. Own at The Crimson? Ask Josh what yours would sell for on WhatsApp.
- 90 residences at 601 NE 27th Street — a genuinely small Edgewater building, made up of 42 one-bedrooms, 40 two-bedrooms and eight three-bedrooms.
- Price per square foot held between $611 and $647 from 2023 to 2025, then read $536 on the four sales recorded so far in 2026, a small sample.
- But transaction volume has fallen — nine qualified sales in 2023 and ten in 2024, down to three in 2025 and four in 2026 to date.
- The median sale price swings wildly — and it is misleading — $490,000, then $762,500, then $622,500, then $602,500. The per-foot figure is the better guide.
- The median home is 1,154 square feet — with the range running 647 to 1,995 — a real two-bedroom, not a shoebox.
- The 2026 median assessed value is $468,544 — and the highest recorded sale is $1,340,000, in June 2024.
The Crimson, by the numbers
Developer: MCKafka · Architect: IDEA. Source: the building record on this site.
601 NE 27th Street, Miami, Florida 33137 | Neighborhood: Edgewater
Home > Miami Luxury Condos > The Crimson
A small building on a big-building street
Counted against the Miami-Dade County Property Appraiser record on 23 September 2026, The Crimson returns 92 folios, of which 90 are residential homes. There are no commercial units in the building.
Ninety homes makes this one of the smallest buildings I have measured in Edgewater, a neighbourhood whose recent history is towers of four, six and seven hundred units. The practical consequence shows up in the numbers further down this page: in a 90-home building, a normal year produces a handful of sales, so every figure here rests on a small sample and should be read that way.
The mix is 42 one-bedrooms, 40 two-bedrooms and eight three-bedrooms. Heated area runs 647 to 1,995 square feet, with a median of 1,154. That median matters — it is a genuine two-bedroom figure, well above the 550 to 800 square feet typical of the studio-heavy stock elsewhere on this coast.
The 2026 assessed values run $286,592 to $1,104,208, with a median of $468,544.
Four years of pricing per square foot
Qualified sales from the county record, arm’s-length transactions only, as pulled on 23 September 2026.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 9 | $490,000 | $619 |
| 2024 | 10 | $762,500 | $647 |
| 2025 | 3 | $622,500 | $611 |
| 2026 to date | 4 | $602,500 | $536 |
Read the median price column on its own and you would conclude this building rose 56%, fell 18%, then slipped another 3%. That column mostly reflects which homes sold.
Look at the right-hand column instead. Price per square foot went $619, $647, $611, $536. From 2023 to 2025 it stayed inside a $36 band; the 2026 figure, on four sales, is 13% below 2023. Much of what changes between years is which homes happened to sell. A year in which three-bedrooms trade produces a high median price; a year of one-bedrooms produces a low one. The building underneath is the same.
This is the single most useful thing I can teach a buyer reading condo data: in a building with a wide range of floorplates, the median sale price is close to meaningless. Use the per-foot figure. The Crimson shows it: from 2023 to 2025 the per-foot number stayed inside a $36 band while the median price bounced through a $272,500 range.
One caveat I want to be explicit about. 2026 has produced four qualified sales so far. Four transactions are not a trend, and I am not presenting them as one. They are shown because they are the complete record, and they sit below the previous three years.
Why so few homes are trading
The other number to watch on this page is volume.
Nineteen qualified sales across 2023 and 2024. Seven across 2025 and 2026 to date. In a 90-home building that is a fall from roughly one home in ten changing hands each year to about one in twenty-two.
I will not guess at the cause, because the county record shows transactions and not motives. What I can tell you is the effect, and the effect is what matters if you own here or are thinking of buying.
For a seller, thin volume means your comparable set is thin. With three sales in 2025 and four so far in 2026, an appraiser or a buyer’s agent working on this building has very little current evidence to price against, and that tends to make offers conservative and negotiations slower.
For a buyer, the same thinness means fewer competing bidders. You are not bidding against a queue.
Thin volume and falling value are different things, and they are easy to conflate. The per-foot figure held between $611 and $647 from 2023 to 2025 while volume fell; the four 2026 sales read $536, which is lower, on a sample too small to call a trend.
Who this building suits
It suits a buyer who wants real space in Edgewater without buying into a tower. At a 1,154 square foot median, in a building of ninety homes, this is a quieter proposition than most of what has been built around it.
It suits an investor poorly, at least on a short horizon. Seven qualified sales in under two years means an exit here can take time. If you may need your capital back within a couple of years, that is the number to weigh.
If you are selling in The Crimson, my honest advice is to price against the per-foot record rather than the last sale in the building — because depending on which year and which floorplate that last sale was, it may be $270,000 away from being a fair guide to your own home.
The Crimson — Frequently Asked Questions
What have homes at The Crimson sold for in the last 12 months?
5 sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, at a median of $580,000 ($562 per square foot). The latest recorded sale was on 8 July 2026. These are recorded closings, not asking prices. If you own at The Crimson and want to know what your home would sell for, message Josh Stein on WhatsApp at (305) 695-8257.
How many units are in The Crimson?
The Miami-Dade County Property Appraiser records 92 folios at 601 NE 27th Street, of which 90 are residential homes. The building contains no commercial units. The mix is 42 one-bedrooms, 40 two-bedrooms and eight three-bedrooms.
What size are the residences at The Crimson?
Heated area runs from 647 to 1,995 square feet, with a median of 1,154. That median is a genuine two-bedroom figure and is considerably larger than the studio-heavy stock found in much of the surrounding market.
Are prices rising or falling at The Crimson?
On the county record, median price per square foot was $619 in 2023, $647 in 2024, $611 in 2025 and $536 so far in 2026 on four sales, which is 13% below 2023 on a small sample. The median sale price swings more, largely because different floorplates sell in different years.
Why does the median sale price move so much if values are flat?
Because the building contains everything from 647 to 1,995 square feet. In a year when three-bedrooms trade, the median price is high; in a year of one-bedrooms it is low. This is why the per-square-foot figure is the more reliable measure in any building with a wide range of floorplates.
How easy is it to sell a home at The Crimson?
Harder than it was. There were nine qualified sales in 2023 and ten in 2024, but only three in 2025 and four so far in 2026, a fall from roughly one home in ten trading each year to about one in twenty-two.
What is the most expensive sale at The Crimson?
$1,340,000, recorded in June 2024. The highest 2026 assessed value in the building is $1,104,208, against a median of $468,544.
What does the sale record show about The Crimson’s resales?
Of 69 resale pairs on the county record, 35 sold below the prior purchase price (50.7%). Buyers from the 2010s lost on 32 of 54 resales (59.3%); buyers from the 2020s on 3 of 15 (20.0%). One chain was left out because a foreclosure fell between the two sales.
Sources and further reading
Interested in selling in The Crimson?
Learn more about selling your condo in The Crimson with Josh Stein.
Edgewater Condo & Loft Buildings
Edgewater runs along Biscayne Bay between the Venetian Causeway and the Julia Tuttle. Every building below has its own page on this site, with its own county sales record:
- 1800 Biscayne Plaza
- 1800 Club
- Aria on the Bay
- Bay House
- Biscayne Beach
- Blue Condominium
- Cite on the Bay
- City 24
- Edgewater Lofts
- Elysee Miami
- Gallery Art Condominium
- Gran Paraiso
- Icon Bay
- Moon Bay
- New Wave
- One Paraiso
- Onyx on the Bay
- Opera Tower
- Paraiso Bay
- Paramount Bay
- Platinum Condo
- Quantum on the Bay
- The Grand Condos Miami
- Uptown Lofts
Thinking about The Crimson?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
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