Argentina’s Melo family might be best known for developing a string of Spartan rentals and no-frills condos in downtown Miami and the Edgewater neighborhood. But a company scion is splurging on a double-condo unit in Miami Beach’s iconic Blue Diamond tower.
Carlos Ferreira de Melo, president of Melo Development Inc., scooped up the 3,630-square-foot property on the building’s 34th floor for $3.79 million Feb. 2, public records show. That’s the most for a unit in the building during the current real estate cycle.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]