Edgewater’s 53-story Aria on the Bay is opening in 90 days and selling fast.
The 648-unit Arquitectonica-designed condo tower is now 90% sold – up from earlier this year. In February 2017, developer Melo Group said that the building had reached the 80% sold mark.
It’s also too late to buy a triplex penthouse unit next to Giancarlo Stanton – all four of the units are now sold out.
Downtown Miami’s Aria on the Bay Condominium is Now 90% Sold and Expected to Deliver within 90 Days
Melo Group’s 53-story waterfront tower sells out of tri-level penthouse residences as completion nears in early 2018.
MIAMI, FL – November 28, 2017 – Melo Group’s Aria on the Bay condominium in Downtown Miami is fast-approaching completion in the next 90 days with nearly 90% of its 648 units already sold and under hard contract. The news follows the sellout of all four of the building’s triplex penthouse residences – one of which sold earlier this year to baseball star Giancarlo Stanton of the Miami Marlins. The 53-story waterfront tower, now underway at 1770 N. Bayshore Drive along Biscayne Bay, is on track to deliver in early 2018.
“We’re very pleased that our most exclusive penthouses have sold out as we enter the final phase of development,” said Carlos Melo, principal of the Melo Group. “With construction set for completion within the next 90 days, we anticipate we’ll be able to welcome our first residents by early next year.”
Aria on the Bay’s sold-out collection of triplex penthouses, which captured prices from $1.8 to over $6 million, span the building’s top three stories and feature interior living areas measuring from 2,600 to 4,800 square feet in size. The expansive residences offer secluded rooftop terraces with private pools, open-air summer kitchens and 12-foot-deep wraparound balconies that provide up to 3,000 square feet of additional outdoor living space. Features include two private elevators, 10-foot-high floor-to-ceiling glass windows and doors, designer finishes and fixtures, and up to three garage-secured parking spaces.
Remaining residences currently available for sale include a range of one- to four-bedroom condos priced from the $400,000s up to $1.8 million. The tower’s prime bayfront location will provide residences with unobstructed views of Biscayne Bay, Miami Beach and the city skyline.
“Even though we’re getting close to our sellout in the months ahead, we still have some great units available for sale,” said Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, the project’s exclusive sales and marketing brokerage. “With an unbeatable waterfront location in a walkable, family-friendly neighborhood surrounded by world-class cultural attractions, this is luxury at its finest. Aria on the Bay is one of the best value-buys in all of Miami.”
Building amenities at the Arquitectonica-designed tower include a 14th floor resort amenity deck with two sunrise/sunset-facing swimming pools, a jacuzzi, custom-seated fire pits, barbecue grills and outdoor summer kitchens. Additional perks include a private spa with massage treatment rooms, a state-of-the-art fitness center, yoga studio, indoor/outdoor bar and entertainment lounge, theater-style screening room, game room and library, teen lounge and kid’s playroom, and a business center with offices and meeting facilities. The project also offers 10,000 square feet of available commercial space on the lower floors, including office, retail and restaurant space at the ground level.
Aria on the Bay is situated along the waters of Biscayne Bay in the heart of Miami’s burgeoning Arts & Entertainment District surrounded by the city’s top destinations for world-class dining, arts and culture, shopping, nightlife and entertainment – while neighboring areas such as the Miami Design District, Wynwood Arts District, Midtown, Miami Beach, Key Biscayne and the Brickell Financial District are all just minutes away. The adjacent Margaret Pace Park gives residents access to a host of additional amenities and activities. Situated directly along Biscayne Bay, the 8-acre, pet-friendly waterfront park offers jogging paths, biking trails, tennis courts, basketball courts, soccer fields, an outdoor gym, daily yoga and fitness classes, as well as barbecue areas, picnic and playground areas.