497-Unit Melody Apartment Tower Is Now Fully Leased After Just Four Months

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.

(photo:phillip pessar)

 

square station, breaking ground soon: