The Real Deal Miami

Melo pays $16M for 1.6-acre site

Property located near Miami's performing arts center
From left: Jose Luis, Martin and Carlos Melo

From left: Jose Luis, Martin and Carlos Melo

The Melo Group picked up a property close to Miami’s performing arts center for $16 million.

The 1.6-acre site is a few blocks west of the Adrienne Arsht Center for the Performing Arts, the South Florida Business Journal reported. The deal also involved $11 million in seller financing.

Astra International sold the six parcels at the southwest corner of Northeast 14th Street and Northeast First Avenue. Most of the site is vacant, with a few apartment buildings and a retail building. [South Florida Business Journal] – Jennifer White Karp


    morning Neighbors…

    Yesterday, we were victims of vandalism, and we’re not sure if Melo Group (25 Mirage ) is
    planning to do something about it. Just a week after we moved, 5 cars were
    vandalized and stolen several items, and no one from the building
    administration did anything to prevent this breach in security. Last night two more
    cars were damaged on the 2nd Floor so total so far 7 cars have been vandalized,
    What else we need to wait for…

    It is Melo’s responsibility to keep their tenants safe.
    We’ve got children living here and this not a secure place anymore. We also pay
    a very high rent, and in this is not the kind of service we expect in return.
    We deserve better management and attention from you. It’s frustrating to go to
    the management office and not receive any support in regards to this urgent
    matter. We must
    demand professional security 24/7 and make rounds in the parking lot and if
    this does not work should then pay the police to do the rounds.

    Thanks, your neighbors.