Welcome to Blue Condominium, a unique Miami condo project by Hyperion Development, located at 601 Northeast 36th Street, Miami, FL 33137, USA. This 35-story building, constructed in 2005, consists of 329 units available in 1-2 bedroom options, with sizes ranging from 761 to 1,870 square feet. This Edgewater neighborhood gem is ideally located close to various city attractions, including South Beach, Miami International Airport, and numerous shopping centers.
Financing a unit in this building: down payment minimums, how buyers are reviewed, and any special assessment.
Down payment
Primary 3% · Second home 10% · Investment 15%
Lender review
Full review
Right of first refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
SIRS & structural compliance
✓SIRS required for this buildingYes — 35 floors
✓SIRS study completedYes
✓Reserve study reported to the stateYes
Phase 1 milestone inspectionNot verified
40-year recertificationNot verified
Permits
13 notable permits on file, from Jul 2012 through Feb 2026. Elevator work accounts for 1 of them. This is not a complete permit history for the building.
Building 4Electrical 3Mechanical 2Plumbing 2Zoning / sign 1Elevator 1
Most recent
2026-02Building — Remodeling / repairsActive
2021-07Building — Remodeling / repairsRevoked
2021-04Mechanical airFinal
Data last verified Sep 3, 2026
Reviews & reputation
3.9
out of 5 across 120 Google reviews
Residents on Google describe good value for Edgewater condo living -- bay views, functional layouts, dog park. One resident credits a board leadership change with resolving a prior "board president situation" (unspecified). Recurring complaint: lobby has been under construction for years with no clear completion timeline. One isolated negative valet interaction reported, otherwise staff described positively.
Summaries are synthesized by Allioo from public review signals, not direct quotes from residents.
Market
Median sold price
$595,000
5 units sold
Median sold $/sqft
$507
March 2026
Median rent
Not available
Building-level rent data coming later
By bedroom count
Unit typeAs ofMedian soldSale $/sqftUnits sold
StudioAugust 2025$1,578,500$2772 · limited
1 bedNovember 2025$520,000$6733 · limited
2 bedMarch 2026$595,000$5074 · limited
3 bedFebruary 2024$2,300,000$8101 · limited
4 bedJanuary 2015$460,000$3971 · limited
Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales. Full stats
Frequently asked questions
Owners may rent their units a maximum of three (3) times per year. No lease can be less than three (3) months.
Yes · No weight restrictions for owners · 2 pet max
Water, sewer and trash removal.
SIRS is required (3+ stories): Yes. Study completion and state reporting — verify with the HOA before closing.
Review type: ["Full Review"]. Typical primary residence minimum shown: 3%. Actual requirements vary by lender and loan program.
Status unknown — contact HOA to confirm if they hold purchasing rights
Property manager not on file with Allioo. Association direct line: 786-279-2583.
Data on this page is for informational purposes only and may be outdated or inaccurate. Confirm fees, rules, SIRS status, and other details directly with the building association before you buy or lease.
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