Edgewater · Arts & Entertainment District

Aria on the Bay

Resale in the Melo Group's bayfront tower, designed by Arquitectonica. Live inventory —for sale and for rent—, how value reads by line, floor and view, and the buying process for the foreign investor.

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53floors
647residences
2018delivered
33132Edgewater

Aria on the Bay anchored the southern edge of Edgewater, over Miami's Arts & Entertainment District: 53 floors of curved balconies designed by Arquitectonica, developed by the Melo Group and delivered in 2018. It is a finished asset, steps from the Adrienne Arsht Center and Museum Park, with a resale market already formed.

The tower gathers 647 residences from one to three bedrooms plus penthouses, with floor-to-ceiling windows, Italkraft kitchens and Bosch appliances, over an amenity base that is uncommon for the corridor: two pools —one for sunrise, one for sunset—, a bayfront hot tub, a movie theater, a gym and yoga studio, a spa, a social room with billiards, a business center and a kids and teens club. The semi-circular balconies, a nod to opera boxes, give the facade a recognizable identity.

For today's buyer what matters is not the launch brochure but the secondary market: which units owners are reselling, at what price per square foot, and what the tower offers for rent. This page orders that —live inventory for sale and for rent, how to read value, and the buying process— so you reach the offer with judgment.

What makes the tower different

Aria on the Bay's value is not just the address: it is the combination of a bayfront location, Arquitectonica architecture and a product built to live in and to rent. Among what defines it:

The differentiator · Live MLS

Live building inventory

These are the units available for sale RIGHT NOW, filtered to the building on the MLS. The list updates on its own. Each card opens the full MLS detail with photos and data.

Inventory provided by the MLS through MIAMInmobiliario's IDX platform, with its notices and terms. If you see no units, there is currently nothing listed on the MLS for that filter: leave your details and we'll alert you the moment one comes up.

How the value reads: view, floor and line

In a one-of-a-kind building, two units of the same size can be worth very different amounts. Three variables explain almost the entire price difference:

The view

Not every orientation is worth the same. East-facing residences —straight onto Biscayne Bay and the Miami Beach skyline— command the premium; west exposures, toward the city and the downtown skyline, trade below though they catch the sunsets. Floor matters too: the higher you go, the more the view clears the neighboring towers. Before comparing prices, you have to compare exposure, floor and line.

The floor

Price per square foot rises with height: more light, less obstruction and, on the high floors, the best view. The value jump between the mid-rise and the upper floors is usually larger than the square footage suggests.

The line

Each line —the stack of units sharing a position on the floor plate— has its own terrace and exposure. Knowing which line you're looking at, and its resale equivalent, is the difference between paying market and overpaying. This is where an advisor who knows the building adds real value.

Want us to compare the available lines and floors against your objective?

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The resale thesis

Buying in resale, rather than preconstruction, changes the risk profile. Construction and delivery risk disappear: the tower is built, delivered in 2018, and the unit is physical, with a view and finishes you can verify today. In exchange, you compete for available inventory and the price already carries the finished-product premium.

The right question is not whether Aria on the Bay is good —it is— but whether the specific unit is well bought: price per square foot against the tower's recent sales, the quality of the line and the view, and the margin against what that unit would ask in rent. For the investor dollarizing into a bayfront entry point in Edgewater with rental liquidity, a well-chosen unit combines location, product and a waterfront that is hard to replicate.

Aria on the Bay is one piece of the Edgewater bayfront corridor; to see how the Edgewater market moves and compare it against other towers in the neighborhood, browse all residential inventory for sale on the hub.

Buying process for the foreign buyer

You need no visa, residency or citizenship to buy in Miami. What's worth understanding before you make an offer:

Structure: in your name or through an LLC

In your personal name there is exposure to U.S. estate tax —an exemption of only US$60,000 for non-residents— which is why many foreign buyers acquire through a Florida LLC, sometimes with a holding company above. It is not always worth it: it depends on the amount, the use and your estate. Define it with your accountant before closing, and it helps to first understand buying in Miami as a foreigner.

Financing: the non-resident does qualify

You can buy all-cash or with a foreign national loan —typically 30%–40% down, a slightly higher rate and documentation your bank or accountant can assemble—. Many buy cash and weigh refinancing later.

FIRPTA: the withholding when the seller is foreign

In resale, many sellers are also foreign. FIRPTA requires the buyer to withhold a percentage of the price (typically 15%) toward the seller's tax. It costs you nothing as the buyer, but it affects closing and is a negotiating lever best handled with the closing agent.

Price trend and recent sales

Coming soon

We're integrating the price-per-square-foot trend and the building's recent closed sales straight from the MLS. In the meantime, the active inventory above already shows current pricing.

Frequently asked questions

Can you buy resale at Aria on the Bay? Yes. The tower delivered in 2018 and there are owners reselling their units, plus inventory for rent. What's available shows live above, straight from the MLS.

How much does a unit cost? It depends on the line, floor and view —from one bedroom to three-bedroom penthouses, with a clear premium for direct bay views—. Current pricing is in the live inventory, not a fixed number.

Can a foreigner buy? Yes — no visa or citizenship, all-cash or with non-resident financing, and often through a Florida LLC.

Is it good for renting? Edgewater is one of Miami's highest-demand rental neighborhoods. The rental inventory above gives you a real reference of rents before you buy.

See all of Miami's inventory

This building is one piece of the map. The full Miami resale inventory —and the preconstruction projects— lives on the hub.

See the full inventory at miaminmobiliario.com →

Let's talk about Aria on the Bay

We compare the available lines and floors against your objective, alert you to every new unit, and walk you through closing. Independent advisory, no obligation.

Trademark notice. This is an independent site operated by Carlos Balart, a licensed Florida real estate broker (MIAMInmobiliario). We are not affiliated with, authorized, sponsored or endorsed by Aria on the Bay, the Melo Group, or the condominium's owners association. "Aria on the Bay" is a trademark of its respective owners and is used here solely for descriptive and reference purposes, to identify the tower whose resale and rental units are marketed through the MLS. We use no logos or brand materials. This page is informational and does not replace specific legal, tax or financial advice. Equal Housing Opportunity. Imágenes del edificio: Foto de la torre Aria on the Bay (Edgewater, Miami) sobre Biscayne Bay — cortesía CondoBlackBook (imagen de marketing inmobiliario del edificio).