About Canvas
Developed by NRI Investments · Designed by CFE Architects
Canvas is a condominium tower at 1600 NE 1st Avenue, on the border between Edgewater and Downtown, developed by NRI Investments and designed by CFE Architects. Completed in 2018, it holds 513 residences (county records also show commercial units in the building), mostly compact one- and two-bedroom layouts of roughly 620 to 1,110 square feet with floor-to-ceiling glass.
It sits a short distance from the Arsht Center, Margaret Pace Park and Wynwood. Published floor counts vary from 36 to 38, so check the floor numbering on a specific unit.
Building Fees & Assessments
MLS listings for Canvas have shown a median association fee around $1.03/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 Canvas'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 Canvas pet-friendly?
Canvas does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Canvas?
Long-term rentals are generally permitted at Canvas, 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 Canvas?
At 1600 NE 1st Avenue, near NE 16th Street, where Edgewater meets Downtown Miami, close to the Arsht Center.
Who developed Canvas?
NRI Investments developed it and CFE Architects designed it. It was completed in 2018.
How many residences does Canvas have?
Most sources say 513 residences; county records also list commercial units, so the building's total unit count is higher.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
