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Melody Tower Opens in Downtown Miami: One-Bedrooms for $1,650

Rental units are pouring into the heart of Miami

The 38-story Melody Tower by Melo Group has opened its doors in the Arts and Entertainment District, injecting nearly 500 rental units into surging Downtown Miami at relatively affordable rates.

One-bedrooms units are going for $1,650 in the fully-rented tower, $50 more than the amount given in January, but well under the $2,000 median rents for the area as of late April. Two-bedrooms are $1,850 and three-bedrooms are $2,350.

Melody Tower is located at 245 Northeast 14th Street, across the street from Adrienne Arsht Center and Knight Concert Hall.

#Miami #Biscayne #DowntownMiami #MelodyTower #LuxuryApartments

A photo posted by Amadeus (@djdmt214) on

Two restaurants are set to open at its ground floor in Brazil’s Parmegiana Factory and New York Miami Pizza with nearly 3,000 square feet of retail/restaurant space still available.

Construction for Melo Group's 710-unit Square Station, also a rental project, is set to begin next door in the next few months.