The North Penthouse at Aria Reserve in Edgewater has gone under contract for $5,200,900. The luxury condo spans 3,260 SF and offers breathtaking waterfront views of Biscayne Bay. The transaction was overseen by Jonathan Bigelman from ONE Sotheby’s International Realty, who represented the buyer; Aria Reserve is being developed by Melo Group.
Read MoreMelo Group Tops Off Construction On South Tower at Aria Reserve in Edgewater
Melo Group has topped out Aria Reserve’s Arquitectonica-designed South Tower at 62 stories. The widely anticipated dual tower project in Edgewater, Miami, is the latest entry by the Melo Group into the high-end luxury market. Both towers are now officially expected to be fully completed in a record-breaking three-year timeframe since groundbreaking.
Read MoreMelo Group's Aria Reserve Luxury Condominium Exceeds 60% Sold In Less Than 6 Months As Groundbreaking Nears
As travel restrictions lift, foreign buyers have begun to return to Miami’s luxury real estate market, adding another layer to the already red-hot demand in South Florida. Melo Group, the developer behind Aria Reserve, has pre-sold more than 60% of its 383-residence South Tower in less than six months since its summer 2021 sales launch.
Read MoreMelo Group Completes $40 Million In Penthouse Sales In Past 90 Days At Aria Reserve
As penthouse demand skyrockets across South Florida, Melo Group, the developers behind Miami’s Aria Reserve twin tower luxury condominium development, have completed $40 million in penthouse sales at the project’s South Tower over the last 90 days.
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