Melo Group Pre-Sells More Than 60% of Its Dual Tower Luxury Condo in Miami’s Edgewater Enclave

March 10, 2022

Aria Reserve, a dual tower luxury condominium being developed by Melo Group, on five acres of Biscayne Bay waterfront land in Miami’s Edgewater enclave, has pre-sold more than 60% of its 383 residences in South Tower. The pre-sales have been made within less than six months since sales were launched in the summer of 2021. Interestingly, about 50% of the buyers are from the US market and the remaining from international ones.

The 62-story Aria Reserve, which will be the country’s tallest waterfront dual tower residential development, will have one- to four-bedroom residences ranging between 1,100 and 2,600 square feet. It will also offer limited penthouse residences in the 3,500 and 9,000 square feet range. Every residence will have two private or semi-private elevators, minimum 10-foot-high ceilings, and expansive terraces.

The project will offer a host of amenities spanning across two acres, including a semi-Olympic sized lap pool a theater, tennis and basketball courts, a golf putting green, and an indoor/outdoor wellness center.

Aria Reserve residences are priced in the range of $850,000 and $2 million, while the penthouses have an asking price of up to $12 million. Construction of the South Tower of the Aria Reserve is scheduled to begin in early 2022 and completed in 2024.

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