Pricing Of Bay-View Units At Aria Undercuts Nearby Competitors

Melo Group has priced condos at the proposed 647-unit Aria On The Bay aggressively compared to competitors.

All units in the project will have views of the bay. Pricing starts at  $360,000, or about $400 per square foot.

Each floor will have six units on the east side (with private elevators) and eight units on the west side (semi-private elevators). Units on the east side will also benefit from upgraded finishes. Ceiling heights in all units are nine feet.

As of early last week, refundable deposits had been placed on about 100 units in the building. A 10% deposit is required for a reservation.

Construction will begin in February 2015.

 

Below, floor plans and fact sheet:

 

 

 

 

 

 

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Anonymous
6 years ago

Is this a copy of Brickell Flatiron?? Looks like the cheap version.

XVS
6 years ago

Nothing looks cheap on the picture above. You must be looking at something else.

XVS
6 years ago

Quick start is a plus. At around $400/sq ft this thing will be fully sold out before groundbreaking. Fantastic deal.

Anonymous
6 years ago

Median price is probably much closer to 600 than 400, but still a deal for a luxury product with a good location/view.

global reach
6 years ago

Glad to see Melo creating better and better looking buildings.

Anonymous
6 years ago

Crazy that people buy this…bldg. sandwiched between 1800 club and cheap rental bldg. to the South.
1 bedrooms stacked all the way back with no views at all looking into somebody else’s balconies….crazy.

XVS
6 years ago

Things are far more densely “sandwiched” in the world’s best cities (NYC, London, Paris, Hong Kong, etc) and not only people survive, they pay multiples of Miami prices to live there.
Your argument is silly.

Anonymous
6 years ago

This is not NYC, London, Paris or…Hog Kong…what are you smoking????

there are so many options in Miami that are not sandwiched between bldgs that it seems crazy that someone would buy a 1 bedroom facing another tower with no views.

Anonymous
6 years ago

This developer always delivers crap! Cheap and ugly finishes.

Anonymous
6 years ago

As crappy as your opinion? They delivered affordable products for a market that needed it. Now they’re getting into the luxury market. Can you compare Related’s Ft. Lauderdale rental buildings to its luxury products? Sorry that apparently you can only afford the cheap crap and are miserable and biased enough to need to slander others because they play the game while you watch in the cheap seats.

Anonymous
6 years ago

people will regret buying here…go to the site and look at how close the cheap rental building is to the South…you will be looking to horrible units with picket railings and cheap renters…not worth a penny..
the fact that in the same building only some units have finishes and everybody is supposed to share the same claustrophobic pool and parking means these developers still need to learn what luxury is.

Anonymous
6 years ago

I don’t think they intend to do a luxury building…it can never be luxury with 650 units in 1 single tower sharing a pool and amenities…
will end up being another Opera Tower type of bldg…actually opera has better views than this one.

Anonymous
6 years ago

Sorry Ex Miami…but saying that “all the units will have views of the bay” is rwally a BIG lie… correct?

Anonymous
6 years ago

I would love to know how the west side of the tower will have “bay views”?? I guess maybe they will install a huge floating mirror to reflect the view?? Hahaha. I think it’s great that Melo is growing but I hve a bad feeling about this one. One thing is a rendering. The other part is actually building and staying in line with your budget. They are offering types of finishes that I believe will end up costig them more than expected in which can cause the developer to chnage what he was previously marketing. Finishes may need to be downgraded etc…only time will tell but I wish th the best of luck.

Anonymous
6 years ago

This development will be another cheap building built by Melo which is what they always deliver.

Anonymous
6 years ago

And we thought ExMiami was impartial…jajaja..
Truly how can they published that all the units have water views!!!
Guys you loose all credibility!!
Do your homework and at least go to the Site.

Anonymous
6 years ago

What a piece of crap project

mj
6 years ago

Miami has dire income levels comparatively speaking so it amazes me how we can have poverty of 29% below average household incomes and continue to spend on luxuries and real estate we can’t substantially support.could this be why developers depend on mainly international buyers who really don’t depend on nor support local economics? This project will create more wealth for the family business and offer international money a garage to park themselves I temporarily but nothing at all, to the serious local home shopper.Another glossy but empty Miami glass shell. .