Downtown Miami’s 462-Unit Monarc At Met Apartment Building 95 Percent Leased In Under Two Years

ZOM’s 32-story Monarc at Met 3 luxury apartment building has been listed for sale, less than two years after it was completed.

Monarc was developed using air rights above a Whole Foods and parking garage. The listing broker told The Real Deal that it could sell for over $200 million.

There are 462 apartments, and 95 percent of them are now leased, brokers say. The building opened in November 2016.

Rental prices are around $3 per square foot, placing it in the luxury category.