Edgewater · On Biscayne Bay

Missoni Baia

Resale in the bayfront tower by OKO Group and Cain International, designed by Asymptote. Live inventory —for sale and for rent—, how value reads by line, floor and view, and the buying process for the foreign investor.

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57floors
249residences
2023delivered
33137Edgewater

Missoni Baia is the Biscayne Bay-front tower that brought signature architecture to the Edgewater corridor: 57 floors of sculptural Asymptote Architecture lines, developed by OKO Group and Cain International and completed in 2023. It is a new, delivered asset, with a resale market only beginning to form.

The tower gathers 249 residences from one to five bedrooms over 200 feet of bay frontage, with interiors by Paris Forino, gardens by Enea and the signature of the Italian house Missoni. Three floors —the fifth through seventh— are given entirely to amenities: an Olympic-length lap pool and other resort pools, one of Miami's largest spas with a hammam and even a pet spa, a tennis court, a kids club and a bayfront lounge.

For today's buyer what matters is not the launch brochure but the secondary market: which units owners are reselling, at what price per square foot, and what the tower offers for rent. This page orders that —live inventory for sale and for rent, how to read value, and the buying process— so you reach the offer with judgment.

What makes the tower different

Missoni Baia's value is not just the brand: it is the combination of signature architecture, bay frontage and an amenity package rare in Edgewater. Among what defines it:

The differentiator · Live MLS

Live building inventory

These are the units available for sale RIGHT NOW, filtered to the building on the MLS. The list updates on its own. Each card opens the full MLS detail with photos and data.

Inventory provided by the MLS through MIAMInmobiliario's IDX platform, with its notices and terms. If you see no units, there is currently nothing listed on the MLS for that filter: leave your details and we'll alert you the moment one comes up.

How the value reads: view, floor and line

In a one-of-a-kind building, two units of the same size can be worth very different amounts. Three variables explain almost the entire price difference:

The view

Not every orientation is worth the same. East-facing residences —straight onto Biscayne Bay and the Miami Beach skyline— command the premium; west exposures, toward the city, trade below though they catch the sunsets. Floor matters too: above the seventh-level amenity deck the view opens up. Before comparing prices, you have to compare exposure, floor and line.

The floor

Price per square foot rises with height: more light, less obstruction and, on the high floors, the best view. The value jump between the mid-rise and the upper floors is usually larger than the square footage suggests.

The line

Each line —the stack of units sharing a position on the floor plate— has its own terrace and exposure. Knowing which line you're looking at, and its resale equivalent, is the difference between paying market and overpaying. This is where an advisor who knows the building adds real value.

Want us to compare the available lines and floors against your objective?

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The resale thesis

Buying in resale, rather than preconstruction, changes the risk profile. Construction and delivery risk disappear: the tower is built, delivered in 2023, and the unit is physical, with a view and finishes you can verify today. In exchange, you compete for still-scarce inventory —the secondary market is just starting— and the price already carries the finished-product and brand premium.

The right question is not whether Missoni Baia is good —it is— but whether the specific unit is well bought: price per square foot against the tower's recent sales, the quality of the line and the view, and the margin against what that unit would ask in rent. For the investor dollarizing into a signature asset on the bay, with rental liquidity in a growing Edgewater, a well-chosen unit combines design, location and a waterfront that is hard to replicate.

Missoni Baia is one piece of the Edgewater bayfront corridor; to see how the Edgewater market moves and compare it against other towers in the neighborhood, browse all residential inventory for sale on the hub.

Buying process for the foreign buyer

You need no visa, residency or citizenship to buy in Miami. What's worth understanding before you make an offer:

Structure: in your name or through an LLC

In your personal name there is exposure to U.S. estate tax —an exemption of only US$60,000 for non-residents— which is why many foreign buyers acquire through a Florida LLC, sometimes with a holding company above. It is not always worth it: it depends on the amount, the use and your estate. Define it with your accountant before closing, and it helps to first understand buying in Miami as a foreigner.

Financing: the non-resident does qualify

You can buy all-cash or with a foreign national loan —typically 30%–40% down, a slightly higher rate and documentation your bank or accountant can assemble—. Many buy cash and weigh refinancing later.

FIRPTA: the withholding when the seller is foreign

In resale, many sellers are also foreign. FIRPTA requires the buyer to withhold a percentage of the price (typically 15%) toward the seller's tax. It costs you nothing as the buyer, but it affects closing and is a negotiating lever best handled with the closing agent.

Price trend and recent sales

Coming soon

We're integrating the price-per-square-foot trend and the building's recent closed sales straight from the MLS. In the meantime, the active inventory above already shows current pricing.

Frequently asked questions

Can you buy resale at Missoni Baia? Yes. The tower delivered in 2023 and there are already owners reselling their units, plus inventory for rent. What's available shows live above, straight from the MLS.

How much does a unit cost? It depends on the line, floor and view —from one bedroom to five-bedroom penthouses, with a clear premium for direct bay views—. Current pricing is in the live inventory, not a fixed number.

Can a foreigner buy? Yes — no visa or citizenship, all-cash or with non-resident financing, and often through a Florida LLC.

Is it good for renting? Edgewater is one of Miami's highest-demand rental neighborhoods. The rental inventory above gives you a real reference of rents before you buy.

See all of Miami's inventory

This building is one piece of the map. The full Miami resale inventory —and the preconstruction projects— lives on the hub.

See the full inventory at miaminmobiliario.com →

Let's talk about Missoni Baia

We compare the available lines and floors against your objective, alert you to every new unit, and walk you through closing. Independent advisory, no obligation.

Trademark notice. This is an independent site operated by Carlos Balart, a licensed Florida real estate broker (MIAMInmobiliario). We are not affiliated with, authorized, sponsored or endorsed by Missoni Baia, Missoni S.p.A., OKO Group, Cain International, or the condominium's owners association. "Missoni" and "Missoni Baia" are trademarks of their respective owners and are used here solely for descriptive and reference purposes, to identify the tower whose resale and rental units are marketed through the MLS. We use no logos or brand materials. This page is informational and does not replace specific legal, tax or financial advice. Equal Housing Opportunity. Imágenes del edificio: Rendering © OKO Group / Asymptote Architecture — Missoni Baia, 700 NE 26th Terrace (missonibaia.com).