Canvas Condos For Sale & Rent

Canvas Condos Miami Condo Overview

Canvas Condos Miami is an Edgewater condo building at 1600 1st Ave in Edgewater, Miami. Built in 2018, the property has 38 stories and 513 residences. Buyers usually compare bay views, newer high-rise amenities, parking, rental rules, and access to Downtown Miami, Wynwood, Midtown, and the Design District.

Canvas Condos Miami Condos for Sale

Canvas Condos Miami condos for sale should be compared by bay or skyline exposure, floor height, line, balcony position, interior condition, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Canvas Condos Miami Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 90-day minimum rental term and up to 4 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by CFE Architects and developed by NRI Investments. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. Spanning 38 floors, Canvas houses 513 fully finished residential units, offering a diverse range of studio, one-bedroom, and two-bedroom floor plans. The sizes of these modern living spaces vary from approximately 620 to 1,110 square feet, designed to cater to a variety of lifestyle needs. The building features a sky plunge swimming pool, sunrise and sunset pools with breathtaking panoramic vistas of the Downtown Miami skyline, Biscayne Bay, and the Edgewater Miami skyline. Additional luxuries include an indoor/outdoor yoga garden, a 3,000-square foot state-of-the-art fitness center, a glass-enclosed racquetball court, children's playroom, and an expansive social room with catering facilities.

What to Compare Before Buying at Canvas Condos Miami

Compare active condos for sale, active rentals, recent sales, bay exposure, unit condition, monthly fees, parking, rental rules, pet policy, and Edgewater walkability. It is also useful to compare Canvas Condos Miami with nearby buildings and area pages such as Miami.

Market Context

Canvas Condos Miami has completed-year closed-sale history from 2020 through 2025 in the market statistics, with 158 recorded condo sales, or about 26 sales per year. That is a deep resale sample for a single building, so buyers can usually find stronger comparable-sale context by bedroom count, line, view, and condition. The busiest year in the series was 2022 with 46 sales, while the quietest was 2020 with 8. Recent completed-year sales volume is close to the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Canvas Condos Miami ranges from about $396/sqft to $919/sqft, with an average near $616/sqft across the years shown. That wide valuation band means unit-specific factors can materially change the right price range. The last completed year in the series is higher than the first, moving from $396/sqft in 2020 to $655/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $444,815, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Canvas Condos Miami: 2 Beds and 1 Bed units have the broadest historical comparison set, while 2 Beds around $530,150 and 1 Bed around $411,383 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Canvas Condos Miami also has long-term rental positioning with a 90-day minimum lease and up to 4 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.