
Elysee
Edgewater's tallest tower and one of its most architecturally distinctive, delivering true ultra-luxury with half-floor residences and three floors of amenities

Aria Reserve is a twin-tower luxury waterfront condominium complex at 700 and 725 NE 24th Street in Edgewater, developed by the Melo Group and designed by Arquitectonica. The two 62-story towers share a parking structure and a massive amenity deck spanning over two acres, with 782 total residences across both towers. The South Tower (725 NE 24th St) was completed in 2025 with closings recently begun. The North Tower (700 NE 24th St) is finishing construction and will deliver in 2026. Together, they form the tallest waterfront residential twin towers in the United States, rising against 547 linear feet of Biscayne Bay waterfront across more than five acres of manicured grounds. This is Melo Group's most refined project to date. The units are large, with flow-through designs that give every residence both east-facing bay views and west-facing sunset views. Panoramic Residences on floors 3 through 50 feature 10-foot ceilings, while SkyView Residences on floors 51 through 56 have 11-foot ceilings. All units include space for an office, den, or media room, and all bedrooms are en-suite. The finishes are a step above what Melo has delivered in previous projects, with Italian flooring, MORADA Haute Furniture Boutique-inspired interiors, and oversized balconies. The product sits in a mid-to-upper luxury tier: below what you would find from PMG or Swire, but a clear step above Related Group projects. The amenity deck is the real headline. It is massive, spanning two-plus acres and including multiple pools, paddle courts, a resort-size fitness center, sauna, steam rooms, a co-working space, community dining areas, kitchen demonstration facilities, a private dock for water sports, and a Bay Walk along the waterfront. The amenities are well-done and spacious, and the amenity-to-resident ratio is strong for a building of this scale. HOA fees tend to be lower than at branded buildings, which is a meaningful long-term financial advantage. The building will take time to find its identity and sense of community as closings continue and residents move in, but the bones are there for a strong long-term residential experience.
Aria Reserve is attracting a mix of young professionals, growing families, and international buyers drawn to the new-construction premium and the scale of the amenity package. The price point positions it above entry-level Edgewater buildings but below the ultra-luxury tier of Elysee or Paramount Bay. As closings continue and both towers fill up, the resident base is still forming its identity. Expect a mix of owner-occupants and investors, with a meaningful rental component given the building's rental-friendly policies. The 782-unit scale means this will have a different feel than the boutique buildings in the neighborhood. It will be busier, more active, and more resort-like in its common areas.
Aria Reserve occupies a prominent waterfront position in upper Edgewater at NE 24th Street, with 547 linear feet of Biscayne Bay frontage. The location is quieter than downtown or Brickell but still within easy reach of Miami's major cultural and entertainment destinations. Biscayne Boulevard, the neighborhood's commercial spine, is a few blocks west with restaurants, shops, and services. The area is in the middle of a significant development boom that is reshaping the Edgewater skyline.
The main commercial corridor of Edgewater with restaurants, shops, pharmacies, and services. A 5-10 minute walk west from Aria Reserve.
The neighborhood's primary waterfront park with green space, basketball courts, tennis courts, and a dog park. Located south along the bay.
The ultra-luxury boutique tower immediately to the south. Aria Reserve's completion has impacted north-facing views from Elysee.
Miami's arts and culture district is about a mile west, accessible by car or rideshare. Restaurants, galleries, breweries, and nightlife.
High-end shopping and dining destination about 1.5 miles northwest. Louis Vuitton, Dior, Prada, and top restaurants.
Miami's premier performing arts venue, about 5 minutes south by car.
The nearest full-service grocery store for daily essentials.
Aria Reserve itself is part of the development story. The North Tower is completing construction in 2026, and Melo Group has announced a third tower, Rs Sky Club, to be built to the west of the current parking and amenity deck, with construction expected to begin within the next two years. This means residents should expect continued construction activity on the property itself for several more years. Beyond the immediate complex, Edgewater continues to see new luxury tower proposals and construction throughout the neighborhood. The Bay Walk extension is planned to improve waterfront connectivity. Long-term, the density and quality of the neighborhood is increasing, which should support property values.
Elevator Density Rating
8
Passenger
4
Service
~7
Units/Floor
782
Total Units
Private or semi-private elevator foyers for all residences. SkyView and Penthouse units have fully private elevator access.
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Aria Reserve represents a clear step up from Melo Group's previous Edgewater projects. The finishes are higher quality, the unit layouts are more thoughtful with the flow-through design giving every residence both bay and sunset views, and the overall build quality reflects a developer that is maturing its product. The MORADA-inspired interiors, Italian flooring, and oversized balconies are a meaningful upgrade from what Melo delivered in earlier buildings. This is not ultra-luxury on the level of PMG or Swire projects, but it is solidly in the mid-to-upper luxury tier and represents genuinely good value for the quality of the product.
The two-plus-acre amenity deck shared between the North and South towers is genuinely impressive. Multiple pools, paddle courts, tennis, basketball, pickleball, a resort-size gym, sauna, steam rooms, co-working space, community dining, kitchen demonstration areas, and a private dock for water sports. For a building at this price point, the amenity package rivals what you would find at buildings that cost significantly more per square foot. The Bay Walk along the waterfront adds a resort-like quality to the daily experience. If amenities are a priority in your buying or renting decision, Aria Reserve delivers more than most buildings in Edgewater.
One of the underappreciated advantages of Aria Reserve is that the HOA fees tend to be lower than at branded luxury buildings. At roughly $0.90 per square foot per month, you are getting access to a massive amenity package without the premium HOA that comes with a branded name. Over the life of ownership, this adds up to a significant financial advantage compared to buildings where HOAs run $1.50 or more per square foot. The 782-unit scale helps spread the cost of maintaining the amenity deck across more residents.
Melo Group has announced a third tower, Rs Sky Club, to be built to the west of the current parking and amenity deck. Construction is expected to begin within the next two years. This means that even after the North Tower is completed and delivered, residents should expect continued construction activity on the property for several more years. The third tower will add density to the complex and potentially increase demand on the shared amenity spaces. If you are buying at Aria Reserve and planning to hold, factor this into your timeline. The construction noise, dust, and disruption will be a near-term quality-of-life issue.
One of the strongest design decisions at Aria Reserve is the flow-through floor plan that gives every residence both east-facing Biscayne Bay views from the living areas and west-facing sunset views from the bedrooms. This is not common in Edgewater buildings, where many units face only one direction. The result is that you get natural light from both sides of the building throughout the day, and you never feel like you are in a one-dimensional unit. The oversized balconies on the east side are particularly well-sized for the price point.
Aria Reserve has all the same benefits and downsides that come with Edgewater. Biscayne Boulevard traffic can be intense, especially during rush hours and event nights. The streets in this part of Edgewater are prone to significant flooding during rainstorms, tropical storms, and hurricanes. The building itself is elevated and fine, but if your car is parked on the street or in low-lying areas, there is a real risk of flood damage during heavy weather events. The Metromover is about 10 blocks south, making this a less transit-connected location than downtown or Brickell. You will likely need a car for most daily activities beyond what is available on Biscayne Boulevard.
With the South Tower just beginning closings and the North Tower still completing construction, Aria Reserve is in its earliest days as a residential community. It will take time for the building to develop its culture, its HOA governance, its management rhythm, and its sense of community. Early buyers and renters are essentially pioneers. This can be a positive if you want to help shape the community, but it also means there is uncertainty about how the building will be managed long-term, how the amenity spaces will be maintained, and what the resident mix will ultimately look like. If you prefer a building with an established track record and a known quantity of management quality, Aria Reserve is not there yet.
Aria Reserve is a very good option if you want a new-construction waterfront building in Edgewater with incredible bay views, an expansive amenity suite, and larger-than-normal units at a price point that does not require ultra-luxury money. Melo Group has delivered their most refined product yet, and the amenity deck is genuinely impressive for the price. The HOAs are lower than branded buildings. The flow-through floor plans are smart. The views are outstanding. Just know what you are getting into: this is a 782-unit mega-project that will take time to find its identity, there is a third tower coming that will bring more construction, and Edgewater's traffic and flooding realities apply here just as they do everywhere else in the neighborhood. If you can live with those trade-offs, Aria Reserve is one of the best value propositions for new construction in Edgewater.
Aria Reserve is a very good option if you want a new-construction waterfront building in Edgewater with incredible bay views, an expansive amenity suite, and larger-than-normal units at a price point that does not require ultra-luxury money. Melo Group has delivered their most refined product yet, and the two-plus-acre amenity deck is genuinely impressive for the price. The HOAs are lower than branded buildings. The flow-through floor plans are smart, giving every unit both bay and sunset views. The views are outstanding. Just know what you are getting into: this is a 782-unit mega-project that will take time to find its identity, there is a third tower (Rs Sky Club) coming that will bring more construction, and Edgewater's traffic and flooding realities apply here just as they do everywhere else in the neighborhood. If you can live with those trade-offs, Aria Reserve is one of the best value propositions for new construction in Edgewater.
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