About Blue on the Bay
Developed by Hyperion Development · Designed by Arquitectonica
Blue on the Bay (listed in the MLS as Blue Condominium) is a bayfront condominium tower at 601 NE 36th Street at the northern edge of Edgewater, developed by Hyperion Development and designed by Arquitectonica — a sister building to Marina Blue in Downtown. Completed in 2005, it holds roughly 330 residences in one-, two- and three-bedroom layouts; sources give 35 to 37 stories and 328 to 333 units.
It is one of the neighborhood’s older towers, a short drive from Midtown and the Design District. Because of its age, review the association’s reserves, assessments and milestone-inspection status before you buy.
Building Fees & Assessments
MLS listings for Blue on the Bay have shown a median association fee around $1.42/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 Blue on the 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 Blue on the Bay pet-friendly?
Blue on the Bay does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Blue on the Bay?
Long-term rentals are generally permitted at Blue on the 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 Blue on the Bay?
At 601 NE 36th Street on Biscayne Bay, at the northern edge of Edgewater, close to Midtown.
Who developed Blue on the Bay?
Hyperion Development developed it and Arquitectonica designed it. It was completed in 2005.
Is it the same as Marina Blue?
No. Marina Blue is a sister building by the same developer and architect in Downtown Miami; Blue on the Bay is the Edgewater tower at 601 NE 36th Street.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
