Aria on the Bay now 50 percent under contract

Miami /
Oct.October 12, 2015 02:15 PM

The Aria on the Bay condominium is now 50 percent under contract, the Melo Group announced on Monday.

Buyers at the 648-unit tower are primarily from South America – including Venezuela, Brazil and Argentina – and from the United States, according to a spokesperson. Buyers are also from countries such as China, Austria, France and India.

The 53-story tower, at 1770 North Bayshore Drive in Miami’s Edgewater neighborhood, is slated for completion in late 2017. Prices range from $400,000 to more than $12 million.

In August, the developer closed on $95 million in construction financing for Aria on the Bay.

Cervera Real Estate is the project’s exclusive sales and marketing brokerage. Amenities will include a 14th floor amenity deck, four swimming pools, fire pits, outdoor summer kitchens, a spa, gym, yoga studio and theater, according to the press release. It will also feature 20,000 square feet of commercial space on the ground and lower floors.

Other projects in the area include Biscayne Beach, Elysee, Spark, Bay House, Icon Bay and the Crimson. – Katherine Kallergis


Related Articles

arrow_forward_ios
A photo illustration featuring a rendering of the Edition Residences Edgewater (left), the Belmar Condominium at 419 Northeast 19th Street (middle), and a rendering of Aria Reserve (right) (Getty Images, Google Maps, Melo Group, Two Roads Development, Master Brokers Forum)
South Florida by the numbers: Living on the Edge(water)
South Florida by the numbers: Living on the Edge(water)
Anand Mahindra and developer Rotem Rosen with 1801 NE 2nd Avenue in Miami (Google Maps, Mahindra, Getty)
Rotem Rosen, Anand Mahindra finally close on $30M Edgewater site
Rotem Rosen, Anand Mahindra finally close on $30M Edgewater site
Two Roads' Reid Boren and Taylor Collins with rendering of the Edition Residences Edgewater (Two Roads Development)
Two Roads launches sales of Edition-branded Edgewater condos
Two Roads launches sales of Edition-branded Edgewater condos
SB Development’s Joseph Stern and Belmar Condominum at 419 Northeast 19th Street (LinkedIn, Google Maps)
SB Development completes bulk condo purchase in Edgewater
SB Development completes bulk condo purchase in Edgewater
Arno De Vos ( Arno De Vos, Getty)
Arno De Vos leaves Douglas Elliman for Cervera
Arno De Vos leaves Douglas Elliman for Cervera
788 Northeast 23rd Street (Condo.com, iStock)
Elysee closing tops Miami-Dade’s weekly condo sales
Elysee closing tops Miami-Dade’s weekly condo sales
From left: Oak Row Equities' David Weitz and Erik Rutter with Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Edgewater Tower (iStock)
Miami board rejects Aimco’s proposal for waterfront Edgewater tower
Miami board rejects Aimco’s proposal for waterfront Edgewater tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...