VELA Edgewater

VELA Edgewater is a new condo improvement in predevelopment status, situated at 419 NE 19th St Miami, th St Miami, Florida, 33137, USA.

Highlights of VELA Edgewater

VELA Edgewater is a proposed high-rise residential condominium development located at 419 NE 19th Street in Miami’s rapidly growing Edgewater neighborhood. The project is planned as a striking 55-storey tower that will feature approximately 463 residential units with layouts ranging from studios to spacious four-bedroom residences. Unit sizes are expected to range from about 403 to more than 2,200 square feet, offering a variety of living options for individuals, couples, and families seeking modern urban living in Miami.

The development has been designed with contemporary architecture by Fogarty Finger, emphasizing sleek lines, modern glass facades, and carefully integrated design elements that complement the surrounding waterfront skyline. Residents will enjoy panoramic views of Biscayne Bay and the nearby Margaret Pace Park, creating a unique blend of city living and scenic waterfront surroundings. The tower’s architectural approach focuses on maximizing natural light, open views, and functional interior spaces.

VELA Edgewater is expected to include a variety of luxury lifestyle amenities designed to enhance the residential experience. Planned amenities include resort-style recreational areas, a rooftop pool, social lounges, and private dining spaces for residents. The project’s amenity floors and rooftop features are designed to create a vibrant community atmosphere while offering relaxing spaces with views of the city and bay.

Property Details

• Property Name: VELA Edgewater

• Storeys: 55

• Suites: 463

• Bedroom: TBD

• Bathroom: TBD

• Size: TBD

• Property Type: Condo

• Location: 419 NE 19th St Miami, th St Miami, Florida, 33137, USA

• Price: Coming Soon

• Property Status: Pre-construction

• Selling Status: Platinum Access

• Ownership: Condominium

• Developer: SB Development & Hazelton Capital Group

Location and Neighbourhood

VELA Edgewater is situated in Miami’s Edgewater district, one of the city’s fastest-growing residential neighborhoods. Edgewater is known for its waterfront location along Biscayne Bay and its collection of modern condominium towers that attract both local residents and international buyers. The neighborhood offers a balance between vibrant city life and scenic coastal surroundings, making it a highly desirable place to live.

The development sits directly across from Margaret Pace Park, a well-known waterfront park that offers walking paths, sports courts, dog parks, and green spaces overlooking Biscayne Bay. Living near this park provides residents with easy access to outdoor recreation, scenic waterfront views, and a peaceful environment within a bustling urban district.

Edgewater also provides excellent connectivity to Miami’s major cultural and business districts. Residents can easily reach Downtown Miami, the Wynwood Arts District, the Design District, and Brickell within minutes. These nearby areas offer a wide range of restaurants, shopping destinations, art galleries, and entertainment venues, making the neighborhood both convenient and vibrant.

Reason to Invest In VELA Edgewater

One of the strongest reasons to invest in VELA Edgewater is its location in a rapidly evolving waterfront district. Edgewater has become a major focus for new residential development as investors and developers recognize its strategic position near downtown Miami and Biscayne Bay. The growing number of luxury developments in the area highlights the strong demand for high-quality residential properties.

Another key advantage is the project’s scale and variety of residential options. With more than 400 units ranging from studios to large family residences, the development can appeal to a wide range of buyers and renters. This diversity increases the project’s potential for both long-term value appreciation and rental demand, making it attractive for real estate investors.

The proximity to major lifestyle destinations and business centers also strengthens its investment potential. Residents will benefit from convenient access to employment hubs, cultural districts, waterfront parks, and entertainment areas. Properties in neighborhoods that offer both lifestyle amenities and economic opportunities tend to maintain strong market demand over time.

A Closer Look at the Miami Real Estate Market

Miami has become one of the most dynamic real estate markets in the United States due to its strong population growth, international appeal, and thriving economy. The city attracts investors from around the world who are drawn to its waterfront lifestyle, favorable tax environment, and global connectivity. These factors have contributed to sustained demand for residential properties, particularly luxury condominiums.

The condominium market in Miami has expanded significantly over the past decade, with new developments rising across neighborhoods such as Edgewater, Brickell, Downtown Miami, and the Design District. Many of these projects focus on luxury amenities, waterfront locations, and modern architectural design, reflecting the city’s growing status as a global real estate destination.

Miami’s tourism industry and international business connections also play an important role in supporting the housing market. The city serves as a major gateway between North America, Latin America, and Europe, attracting professionals, entrepreneurs, and investors who seek both lifestyle and investment opportunities in a thriving metropolitan environment.

About Developer - SB Development & Hazelton Capital Group

SB Development is a real estate development and construction firm known for transforming prime urban properties into high-quality residential and commercial projects. Founded by Joseph Stern and Roni Benjamini, the company has completed more than twenty development projects across New York and Florida totaling several million square feet of real estate. Their work focuses on maximizing the potential of strategic urban locations through thoughtful design and modern construction practices.

Hazelton Capital Group is a diversified real estate investment and development firm headquartered in New York City. The company is involved in acquiring, developing, and managing a wide range of real estate assets including residential, commercial, industrial, and office properties. Its portfolio spans millions of square feet across multiple markets in the United States.

Through collaborations such as VELA Edgewater, the two companies aim to create distinctive residential developments that combine architectural innovation with prime locations. Their projects typically focus on delivering modern urban living environments with high-quality amenities, strong design concepts, and long-term investment value.