# Melo Group

Melo Group is a Miami condo developer with 5 buildings on own.miami in Edgewater, delivered 2005–2025. Developer Score: 70 (A−).

## Key facts

| | |
|---|---|
| own.miami Developer Score | 70 (A−; #2 of 28; Confidence: medium) |
| Buildings | 5 |
| Residences delivered | 1,486 |
| Years | 2005–2025 |
| Median asking $/sqft | $596/sqft (Miami: $694/sqft) |
| Median sold $/sqft (12 mo) | $554/sqft (Miami: $618/sqft) |
| Verified records | 2 of 5 delivered buildings have no adverse verified public record; 5 verified clean in a recent records check. |
| Financeability | Mean Financeability Index 75/100; 5 of 5 buildings with recorded lending rated strong or good. |
| Official website | https://themelogroup.com/ |


## Score axes

- **Building quality: 71** — Size-weighted mean Building Score of 5 delivered buildings: 71/100.
- **Health record: 73** — 69% of the portfolio (by size) has no adverse verified record; 2 of 5 buildings verified clean in public records.
- **Financeability: 74** — Mean Financeability Index across 5 buildings with recorded lending data: 74/100.
- **Market performance: 57** — Median 12-month appreciation 2.2% and turnover 4.6% of units a year, ranked against other developers.
- **Track record: 48** — 5 delivered buildings between 2005 and 2025, 0 in the pipeline, ranked against other developers.
- **Consistency: 93** — Building Scores spread by ±3.6 points across the portfolio — a tighter spread scores higher.

## Portfolio

| Building | Neighborhood | Years | own.miami Building Score | Median asking $/sqft | Credit |
|---|---|---|---|---|---|
| [Bay House](https://own.miami/buildings/bay-house) | Edgewater | 2015 | 78 (A) | $596/sqft | lead |
| [23 Biscayne Bay](https://own.miami/buildings/23-biscayne-bay) | Edgewater | 2012 | 73 (A−) | $519/sqft | lead |
| [1800 Biscayne Plaza](https://own.miami/buildings/1800-biscayne-plaza) | Edgewater | 2005 | 73 (A−) | $413/sqft | lead |
| [Aria on the Bay](https://own.miami/buildings/aria-on-the-bay) | Edgewater | 2018 | 71 (A−) | $739/sqft | lead |
| [Aria Reserve](https://own.miami/buildings/aria-reserve) | Edgewater | 2025 | 66 (B+) | $1,250/sqft | lead |

## Frequently asked questions

**Who is Melo Group?**

Melo Group is a Miami condo developer with 5 buildings on own.miami across Edgewater, delivered between 2005 and 2025.

**What is Melo Group's Developer Score?**

Melo Group scores 70/100 (A−) on the own.miami Developer Score, computed from the Building Scores, verified public records, financing and market performance of its 5 scored buildings.

**Which is Melo Group's best-scoring building?**

Bay House is the highest-scoring Melo Group building on own.miami, with a Building Score of 78/100.

**Do Melo Group's buildings have known issues?**

2 of the 5 delivered Melo Group buildings tracked by own.miami have no adverse verified public record (liens, lawsuits, recertification or regulatory complaints).

**How much do Melo Group condos cost?**

The median asking price across Melo Group buildings is $596/sqft, below the Miami median of $694/sqft.

## Developers in the same neighborhoods

- [Terra](https://own.miami/developers/terra) (73)
- [Related Group](https://own.miami/developers/related-group) (64)
- [Turnberry](https://own.miami/developers/turnberry) (60)
- [Swire Properties](https://own.miami/developers/swire-properties) (59)

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Source: Own.Miami — https://own.miami · data as of 2026-10-15
Canonical page: https://own.miami/developers/melo-group
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