Demand for apartment units in Miami’s urban core remains very strong
One of the most recent buildings to open, Melo Group’s 36-story Melody, was already fully rented when the building opened in May, the developer told The Real Deal.
Leasing for the 497-unit project next to the Arscht Center began in February. At the time, the developer said they received 110 applications for units within the first ten days.
Prices range from $1,650 for a one-bedroom apartment to $2,350 for a three-bedroom unit.
Down the block, Melo is about to break ground on an even bigger project called Square Station with 710 units.
square station, breaking ground soon: