Aria Reserve Miami — Prices, Floor Plans & Pre-Construction Details
Melo Group · Edgewater

There is a simple but powerful argument for Aria Reserve Miami, and it begins with a single fact: these are the tallest twin waterfront residential towers in the United States. Rising 62 stories each at 700 NE 24th Street in Edgewater, Aria Reserve is not merely another luxury tower — it is a certified architectural record holder, permanently inscribed in the history of Miami's skyline. Against a backdrop of Biscayne Bay to the east and the glittering Miami cityscape to the west, the twin towers deliver panoramic views that no inland building can replicate at any price. At roughly $750 per square foot on average, it also delivers those views at a price point that, frankly, should not exist — and almost certainly will not persist.

The developer is Melo Group, and that alone is a significant part of the investment thesis. In Miami's pre-construction market — an arena littered with stalled projects, revised timelines, and developers who disappear after the presale phase — Melo Group stands apart. Family-owned and Miami-rooted for over 25 years, Melo Group has delivered more than 6,000 condominium units without a single failed project. Their portfolio spans the Edgewater and Arts District corridors, and their execution record is the closest thing to a guarantee that the pre-construction condo market offers. When you buy Aria Reserve, you are buying Melo Group's name — and that name has earned its credibility the hard way, over a quarter century of on-time delivery.

The architecture is by Arquitectonica, Miami's most iconic global design firm — the studio responsible for the city's most recognizable towers over the past four decades. Interiors are by IBI Design. The building's signature feature beyond its record height is the 2-acre waterfront recreation deck — a resort-scale amenity platform that includes a semi-Olympic pool, tennis and pickleball courts, a basketball court, children's splash pad, fitness center, yoga studio, waterfront promenade, and direct Biscayne Bay access. This is not the rooftop pool of a mid-rise Brickell condo; it is closer to a private resort footprint set directly on the bay. Private marina slips, concierge service, valet parking, a pet park, and 24/7 security complete the picture.

What makes the Aria Reserve story uniquely compelling in 2025 is the South Tower delivery. The South Tower completed construction and began closings in Summer 2025 — meaning prospective buyers can now walk a finished unit, feel the bay breeze from the balcony, and evaluate the product before committing to a North Tower contract. This de-risks the pre-construction proposition dramatically. Buyers purchasing in the North Tower (expected completion 2026) can make that decision with full knowledge of what they are getting: real finishes, real views, real square footage. The only remaining variable is time — and Melo Group's track record makes that variable as predictable as any in this market.

The Edgewater neighborhood context is the final piece of the investment argument. Read our full Edgewater area guide for a detailed breakdown, but the headline is this: Edgewater has appreciated approximately 55% since 2020 and still trades at roughly 30–40% below comparable Brickell product on a per-square-foot basis. The neighborhood is Miami's most centrally located waterfront corridor — minutes from Wynwood's gallery district and restaurant row, the Design District's luxury retail (Hermès, Dior, Louis Vuitton), Midtown, downtown Miami, and Brickell's financial core. Whole Foods anchors the street-level retail nearby. Related Group has major development planned in the corridor. The Wynwood effect has been moving north for years and shows no signs of stopping. Aria Reserve sits directly in the path of that appreciation wave — already past the speculative phase and into the delivery phase, with the South Tower as living proof.

For buyers and investors who want direct Biscayne Bay waterfront living, Arquitectonica design, Melo Group execution, and a record-certified address — at a per-square-foot price that is dramatically below Brickell and Miami Beach comparables — Aria Reserve Miami represents the clearest value argument on the Miami waterfront today. To explore available units in both towers, request floor plans and current pricing, or discuss the North Tower deposit structure, contact Gerardo Gonzalez at LuxuryDade. As an independent Compass advisor, Gerardo works exclusively for buyers — not for the developer's sales team — and can provide objective guidance on unit selection, contract review, and investment positioning at Aria Reserve.

At approximately $750 per square foot on average, Aria Reserve trades at roughly half the per-square-foot price of comparable waterfront product in Brickell ($1,400–$1,800/sqft) or Miami Beach ($2,000–$2,500/sqft) — despite sitting on the same Biscayne Bay waterfront. This gap has been closing steadily: Edgewater has seen approximately 55% price growth since 2020, and the neighborhood's infrastructure continues to improve. Whole Foods, Related Group's planned Edgewater development, and a wave of new restaurants and galleries signal continued institutional confidence in the corridor. The semi-Olympic pool and 2-acre amenity deck at Aria Reserve rival what you find at much more expensive buildings — and they are now a delivered, verifiable reality in the South Tower.

For investors, the rental demand thesis is straightforward. Edgewater benefits from proximity to Wynwood, the Design District, and Brickell — all major employment and lifestyle hubs — without Brickell's pricing. Workers and young professionals in these districts actively seek Brickell-quality residences at Edgewater prices. A 1-bedroom unit at $750,000 producing $2,800–$3,200 per month in rent generates a gross yield of approximately 4.5–5%. Larger units in upper floors with panoramic bay views command premium rents and attract longer-term tenants from the financial and tech sectors. For buyers seeking a second home or pied-à-terre, the combination of direct bay access, the 2-acre recreation deck, and the Melo Group track record removes much of the risk typically associated with this price tier.

The South Tower delivery is the single most important de-risking factor for North Tower buyers. The product is no longer theoretical — it is built, occupied, and generating real rental income. Buyers evaluating the North Tower can now walk the South Tower, assess the build quality, speak with existing residents, and make a fully informed decision. Combined with Melo Group's 25-year zero-default delivery record, Aria Reserve North Tower represents one of the safest pre-construction bets available in Miami heading into 2026.

Disclaimer: All projections are market estimates only and do not constitute financial advice. Rental yield estimates are based on current market conditions and are not guaranteed. Consult with a licensed financial advisor and attorney before making investment decisions.