Melia Residences Miami: building rendering
Now selling

Melia Residences Miami

By Urban Network Capital Group · Brickell · Delivery 2027

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Sales phase
Now selling
Delivery
2027
Pricing
$500K to $606K
Residences
110
Floors
8
Developer
Urban Network Capital Group

Sales status verified Oct 14, 2026Prices, dates and specifications come from the developer and can change.

Overview

Situated in the vibrant heart of Brickell, Meliá Residences Miami offers a sophisticated collection of 110 residences. These thoughtfully designed spaces—ranging from studios to one-bedroom layouts—feature open-concept floor plans, Italian cabinetry, and premium finishes like quartz countertops and wood-like ceramic tile. Each residence is fully furnished and equipped with high-end features, including smart technology and integrated wellness components such as circadian lighting and specialized filtration systems.

The building provides an elevated lifestyle through a curated suite of amenities, including a high-ceiling lobby, a restaurant and bar with an outdoor terrace, and a dedicated wellness center. Residents enjoy access to a swimming pool, an interactive gym, and specialized recovery spaces including an infrared sauna and a serenity massage room.

Designed for the modern urbanite, the architecture balances efficiency with elegance. As part of a professionally managed hotel program, the property combines the prestige of Meliá’s world-renowned hospitality with the permanence of luxury real estate, creating a sanctuary of well-being in one of Miami’s most sought-after districts.

  • Professionally managed hotel program
  • Fully furnished and decorated units
  • Integrated wellness components
  • Prime Brickell location
  • Sophisticated Spanish hospitality
  • Modern open-concept designs
Completion date & construction timeline

Completion estimates come from the developer and move with construction; we update this page as milestones are reported.

Floor plans 4

Junior Suites
Junior Suites
1 bedroom · 1 ba · 321 sqft
From $501K
$1,561/sqft at the starting price

Amenities

  • Wellness Center
  • Restaurant and Bar with Outdoor Terrace
  • Pool
  • Interactive Gym Equipment
  • Business Center
  • High Ceiling Lobby
  • Serenity massage room
  • Infrared Sauna
  • Cold Dip Tub

Location

1120 SW 3rd Ave

The market it delivers into

Condo market in Brickell

Live MLS figures for existing condos in Brickell: what finished buildings around this project ask and sell for, and how much supply there is.

Median asking
$713/sqft
1,204 condos for sale
Median sold, 12 months
$611/sqft
819 sales
Months of supply
17.6
Actives against the 12-month sales pace
Developer pricing
$1,343/sqft
Median of 2 priced floor plans

The developer’s floor-plan pricing is 88% above the median asking price per square foot for existing condos in Brickell.

Market Index

Is Brickell a buyer's or a seller's market?

Five standard market signals in one reading: 0 is a strong buyer's market, 100 a strong seller's.

For buyers

Room to negotiate. Offers below asking are normal, and most listings will still be there next week.

For sellers

Price to the sold comps, not to other asking prices, and be ready to negotiate.

Miami overall: 25 · Buyer's market — 4 points more buyer-friendly than Miami overall

What's behind the reading

  • Months of supply17.6 months
    Favors buyers1204 listings · 819 sales in 12 months · weight 35%

    How long today's listings would take to sell at the past year's sales pace. In Miami condos, under 6 months favors sellers and over 9 favors buyers.

  • Sale-to-list price92.2%
    Favors buyers406 sales · weight 25%

    Median sale price as a share of the original asking price, sales in the last 6 months. Above 97% favors sellers; below 95% means buyers are negotiating.

  • Days on market88 days
    Neutral409 sales · weight 15%

    Median days from listing to sale for homes sold in the last 6 months. Faster sales favor sellers.

  • Listings with a price cut40%
    Favors buyers1204 listings · weight 15%

    Share of homes for sale now asking less than their original price. More cuts mean sellers are chasing buyers.

  • Sales momentum−1% vs last year
    Neutral389 sales · weight 10% · sale-to-list −0.7 pts

    Closings in the last 90 days against the same 90 days a year earlier, plus the change in sale-to-list. Rising sales tilt the market toward sellers.

Resale condos from the MLS (pre-construction towers excluded), all prices. As of Oct 15, 2026 · How the index works

Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period July 3, 2025 through October 15, 2026.

MLS data as of Oct 16, 2026Explore BrickellBrickell market report

Frequently asked questions

When will Melia Residences Miami be completed?

Melia Residences Miami has an estimated delivery of 2027. Delivery dates are set by the developer and can shift during construction.

How much do residences at Melia Residences Miami cost?

Residences at Melia Residences Miami range from $500K to $606K.

Who is developing Melia Residences Miami?

Melia Residences Miami is being developed by Urban Network Capital Group.

Where is Melia Residences Miami located?

Melia Residences Miami is located in Brickell, Miami.

Interested in Melia Residences Miami?

Register your interest to receive pricing, availability and floor plans from a licensed agent at our partner brokerage.

Licensed help, at no cost to you

Own Miami is a research platform, not a brokerage. When you register interest, a licensed Florida agent at our partner brokerage shares pricing, floor plans and availability and can guide you from reservation to closing. On new developments the developer pays the sales commission, so that help costs you nothing.

More pre-construction in Brickell

Melia Residences Miami
$500K to $606K