Aria Reserve: Edgewater's Waterfront Twin Towers, Explained

Edgewater has spent a decade turning a stretch of Biscayne Bay frontage north of downtown into Miami's most active new-construction laboratory, and the project that now defines its skyline is Aria Reserve. Rising at 700 NE 23rd Street, it is marketed as the tallest waterfront residential twin towers in the United States — two 62-story buildings on 5.2 acres of bay frontage — and it is a useful building to understand because it distills what Edgewater is selling: brand-new bayfront living at a per-foot price below the oceanfront beaches. This is a deep-dive drawn from our building research.

The tallest waterfront twins in the country

Aria Reserve is a two-tower community designed by Arquitectonica and developed by The Melo Group, one of the most prolific builders in this corridor. The claim to fame — tallest waterfront residential twin towers in the U.S. — is a marketing superlative, but the underlying facts are concrete: two towers of 62 stories each, set on 5.2 acres directly on Biscayne Bay, delivering 782 residences between them, with completion targeted for 2027. That scale is the opposite of the boutique, low-count buildings on Mid-Beach; Aria Reserve is a vertical neighborhood.

Two towers, and why the count matters

The twin-tower format is not just an aesthetic choice. Splitting 782 homes across two towers lets the developer phase delivery and gives more residences a direct water orientation than a single slab of the same height would. For a buyer, the practical implication is inventory: a building this size carries a wide range of floor plans, exposures and price points, from one-bedrooms to four-bedroom homes. That range is why Edgewater has become the value entry to bayfront Miami — you are buying new construction with a water view without competing only against trophy penthouses.

The amenity deck as the product

New Edgewater towers compete on amenities, and Aria Reserve leans into it with more than two acres of amenity space. Our research lists bayfront pools, a wellness spa, a telescope observatory and a run of indoor and outdoor lounges — the kind of resort-style program that has become table stakes for the corridor. The honest way to read an amenity list this long is as a monthly cost: two acres of amenities are staffed and maintained through the association budget, so the amenity deck and the eventual HOA dues are the same conversation. Ask what the projected budget funds before you fall for the observatory.

What it costs, labeled as our directory's figures

Per our building research — directory figures, not live comps — residences at Aria Reserve have been offered from roughly 790 thousand dollars to about 6 million dollars, averaging in the neighborhood of 950 dollars per square foot depending on line, floor and exposure. That per-foot number is the whole Edgewater thesis: it sits well below the branded oceanfront tier in Sunny Isles or the Mid-Beach flagships, because a bay view from Edgewater is not an ocean view from the sand. Current pricing and availability move constantly as the towers sell out toward delivery; our live market report at /market-stats carries the up-to-date citywide picture, and the building's own listing page tracks what is actually available.

Buying preconstruction here — the deposit clock

Aria Reserve is under construction and, per our research, roughly eighty percent sold ahead of its 2027 delivery, which changes how you buy it. Preconstruction in Florida means a deposit schedule paid in installments over the build, not a mortgage at closing, and it means construction-timeline and delivery risk that a finished building does not carry. It also means the remaining inventory is whatever has not yet sold — often higher floors and larger lines as a building nears sellout. The discipline is the same as any preconstruction purchase: read the developer's deposit structure, understand what your money buys and when, and confirm the delivery assumptions before you wire anything.

Who Aria Reserve fits

Aria Reserve fits the buyer who wants brand-new, amenity-rich bayfront living and is comfortable trading the beach for a lower per-foot price and an Edgewater address minutes from downtown, Wynwood and the Design District. It fits investors drawn to the corridor's rental demand and end-users who want a large, modern floor plan on the water without oceanfront pricing. It fits less well if a walk-out-to-the-sand lifestyle is the point — that is a Sunny Isles or Mid-Beach purchase. For the closed-comp history on a specific line as units begin to resell, that is a building-level conversation we are glad to have.