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.
Read MoreMelo Group's Downtown 5th, The Largest Multifamily Project Ever Built in Downtown Miami's CBD, Now 100% Leased
Melo Group has completed Downtown 5th, the single largest multifamily project built in Downtown Miami’s Central Business District. The twin 52-story tower development, located at 55 & 25 NE 5th Street, comprises 1,042 rental apartments and approximately 12,500 SF of ground floor retail space.
Read MoreMelo Group Launches Sales For Luxury Bayfront Condo Tower 'Aria Reserve' In Edgewater
Miami-based real estate developer Melo Group has launched its newest luxury condo development, Aria Reserve Miami, a 62-story, twin tower luxury waterfront condominium development on Biscayne Bay in the heart of Miami’s burgeoning Edgewater neighborhood.
Read MoreMelo Group Locks Down $99 Million Refinancing For Miami Plaza Apartment Tower In Downtown Miami
Melo Group has locked down a $99 million refinancing for its recently delivered transit-oriented Downtown Miami apartment tower, Art Plaza. The 36-story, 425-unit Art Plaza, which is located at 1500 Northeast Miami Plaza, is now 95% leased after Melo Group delivered the building in July 2020.
Read MoreMelo Group To Break Ground On Arquitectonica-Designed Island Bay In Edgewater In May 2021
Melo Group is gearing up to break ground on Island Bay in Edgewater in May 2021. Work on the baywalk is already underway in compliance with Miami21 which will connect from Edgewater’s Paraiso District through the Miami River across from Brickell. Island Bay is designed by Arquitectonica and will feature twin towers rising 60 stories, 637’.
Read MoreMelo Group Tops Off Construction At Downtown 5th
Construction has officially topped off on Melo Group’s East Tower of Downtown 5th, the largest multifamily development built in Downtown Miami’s Central Business District. The project is composed of two towers, with the West Tower expected to top-off later this month. The construction has been underway with rapid speed in the middle of a pandemic as the foundation pour was only 9 months ago.
Read MoreMelo Opens Miami Plaza Tower In Downtown Miami's Arts & Entertainment District, Marking Milestone 2,300+ Units Completed In 5 Years
Melo Group, one of Miami’s most active residential development firms, has transformed and activated Downtown Miami’s Arts & Entertainment District with attainable, transit-oriented multifamily product for local residents.
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