About 23 Biscayne Bay
Developed by Melo Group
23 Biscayne Bay is an 18-story condominium at 601 NE 23rd Street, developed by Melo Group and completed in 2012. It holds 96 residences, one- to three-bedrooms of roughly 930 to 1,530 square feet. It is one of the newer towers among the neighborhood’s mid-2000s-to-2010s buildings.
With 96 units it is a mid-size building, so ask for the association’s budget and reserve study before you buy.
Building Fees & Assessments
MLS listings for 23 Biscayne Bay have shown a median association fee around $0.95/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for 23 Biscayne Bay's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is 23 Biscayne Bay pet-friendly?
23 Biscayne Bay does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at 23 Biscayne Bay?
Long-term rentals are generally permitted at 23 Biscayne Bay, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is 23 Biscayne Bay?
At 601 NE 23rd Street in Edgewater, on the bay side of Edgewater.
Who developed 23 Biscayne Bay?
Melo Group developed it. It was completed in 2012.
How many units does 23 Biscayne Bay have?
About 96 residences in one- to three-bedroom layouts.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.