# Aria Reserve

As of 2026-10-31, Aria Reserve in Edgewater has 37 units for sale at a median asking price of $2.1M ($1,242/sqft); 36 units sold in the last 12 months.

Aria Reserve is a 62-floor waterfront condominium at 700 NE 24th St in Edgewater, Miami, developed by Melo Group, with 383 residences and a FEMA VE flood zone.

## Key facts

| | |
|---|---|
| Address | 700 NE 24th St |
| Neighborhood | Edgewater |
| Year built | 2025 |
| Floors | 62 |
| Units | 383 |
| Waterfront | yes |
| Developer | Melo Group |
| For sale | 37 |
| Pending | 2 |
| Median asking price | $2,100,000 |
| Median asking $/sqft | $1,242/sqft |
| Sold, last 12 months | 36 |
| Median sold $/sqft, 12 months | $1,002/sqft |
| Months of inventory | 12.3 |
| Median HOA | $1,500/mo |
| Parking | The building offers assigned parking, with some units featuring multiple assigned spaces. |

## Own Miami measures

- **own.miami Building Score: 66 (B+)**
  - Value: 25 — $1,242/sqft — vs. Edgewater condos, then all of Miami
  - Momentum: 58 — +2.6% $/sqft over 6 months
  - Liquidity: 44 — 12.3 months of supply · 81 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 95 — Built 2025 — vs. Edgewater buildings
- **Own Miami Condo Index: 162** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 111 of 698 tracked Miami condos)
- **Financeability Index: 72** (good; 12-month window, 46 recorded mortgages, 32% of sales bank-financed, lowest down payment 10%, as of 2026-10-31; of the 59 recorded sales, 42 were resales and 17 developer closings)
- Special-assessment outlook: clear (next structural milestone inspection due 2050)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 32 purchase or refinance loans on this building in the last 12 months, financing 32% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 72/100. (2026-10-31)
- Legal & regulatory: 0 material cases active, 1 disputes active, 0 DBPR complaints (36 months) (2026-09-22)

## Frequently asked questions

**How much do condos at Aria Reserve cost?**

There are 37 condos for sale at Aria Reserve, from $1,450,000, with a median asking price of $2,100,000 ($1,242/sqft).

**How much are the HOA fees at Aria Reserve?**

HOA / maintenance fees at Aria Reserve run around $1,500 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Aria Reserve a waterfront building?**

Yes — Aria Reserve is a waterfront building (Edgewater).

**When was Aria Reserve built?**

Aria Reserve was built in 2025, 62 stories, 383 residences.

**Who developed Aria Reserve?**

Aria Reserve was developed by Melo Group. Melo Group's own.miami Developer Score is A− across 5 buildings.

## Related pages

- [Edgewater — neighborhood guide](https://own.miami/edgewater)
- [All units for sale at Aria Reserve](https://own.miami/buildings/aria-reserve/for-sale)
- [Missoni Baia](https://own.miami/buildings/missoni-baia)
- [Gran Paraiso](https://own.miami/buildings/gran-paraiso)
- [Biscayne Beach](https://own.miami/buildings/biscayne-beach)
- [One Paraiso](https://own.miami/buildings/one-paraiso)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/aria-reserve
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai