A First Look at Aria on the Bay in Miami’s Edgewater Neighborhood
June 25, 2018 by Brittany Wiggins
Last week, the Miami Condo Investments Team was invited to tour Edgewater Miami's recently completed, 53-story condo tower Aria on the Bay. You may recall mention of Aria on the Bay from past articles of ours covering preconstruction purchases made by MLB star Giancarlo Stanton, who selected a 5-bedroom penthouse unit with rooftop pool and summer kitchen, and recording artist/music producer Timbaland, who purchased two East-facing 3-bedroom units for a combined indoor and outdoor total area of 6,000 square feet. Aria on the Bay was developed by The Melo Group and designed by Arquitectonica. Closings for the project began just a few weeks ago.
Aria on the Bay is located at 488 NE 18th Street. The location is no doubt one of the building's most notable features, situated across the street from the 8-acre Margaret Pace Park, which provides public access to greenery, walking trails, a gated dog park, tennis courts, and outdoor fitness equipment. Such a wide-open grassy expanse is a rarity in greater downtown Miami, and most certainly is a highlight for dog owners and families. It also makes for nice Eastern views even on the lower floors of Aria, overlooking the park and then onward to Biscayne Bay.
I'm a girl who loves to make a dramatic entrance, so the Aria grand lobby and entryway staircase were some of my favorite design features in the building. Ascending the staircase, I was greeted by a beautiful chandelier, reminiscent of twinkling string lights attached to a nest of delicate tree branches. Upon joining the rest of the MCI Team, the upper-lobby 24-hour concierge pointed us in the direction of the elevators, which whisked us away to several floors of amenities. Nature was very clearly the central theme connecting all the common areas of the building, as we noticed an earthiness in both textures and hues, a grassy moss-like carpeting, and even chairs resembling open flower blossoms. The delicate tree-branch light fixtures were repeated in the great room and social areas, which were surprisingly spacious and bright. We walked the pool deck, which featured sunrise and sunset pools, a Jacuzzi, and sundeck, all with spectacular views of the marina and Venetian Causeway to the right, open bay to the left, and Miami Beach skyline in the distance.
Along with its expansive sun deck and lounge area, Aria on the Bay amenities include an enormous great room with social areas, pool table, and flatscreens, children's pool, hot tub overlooking Biscayne Bay, state-of-the-art gym and yoga studio, outdoor fire pit, BBQ, private spa and treatment rooms, game room and library, theatre room, teen lounge, kids' playroom, and business center.
The 648 residences at Aria on the Bay are comprised of one-, two, and three bedroom floor plans ranging in size from 777 to over 2,364 square feet of living space plus balcony. Approximately half of the units in the building feature private elevator access, and all units feature 9-foot ceilings, water and city views, Italkraft kitchens and bathrooms, and Bosch appliances. We were amazed to see that some units have 11-foot deep balconies!
As for remaining inventory, the building is 90 percent sold, leaving 50 developer units still available. One-bedroom condo pricing starts at $437,900. Two-bedroom condos start at $590,900 (including a penthouse for $891,900), and three-bedroom condos start at $689,900. My personal favorite floor plan was the Model A 3-bedroom + den / 4 bath unit on the southeast corner, featuring private elevator entrance, 2,365 square feet of interior, and 516-610 square feet of balcony, of which there are only 3 options remaining: Unit 1512 asking $1,591,900, Unit 2312 asking $1,631,900, and Unit 3012 asking $1,667,900. All units come finished with 32-inch porcelain tile floors. Along with offering surprisingly affordable prices for brand new construction in greater downtown Miami, Aria on the Bay is also a Fannie Mae approved building, meaning that well-qualified buyers can obtain financing with as little as 5% down up to $453,000.
For more information on available units at Aria on the Bay for sale or for rent, contact [email protected] or 305-428-3860.