Why we bought this
A 44th-floor residence at Aria Reserve, taken from developer contract to closing with SunSt buyer representation at $1,695,900.
New construction is a contract discipline, not a showroom decision. Sergey Alenin represented the buyer of this 44th-floor residence at Aria Reserve on Biscayne Bay, closed at $1,695,900. The work was in the parts a rendering never shows: comparing the contract basis against competing Edgewater and bayfront developments, reading the payment schedule and deposit structure, checking assignment and resale restrictions, tracking construction milestones, and managing the walkthrough and closing against the developer's timeline. The buyer selected floor and exposure with future resale competition in mind - what the developer still has to sell, and at what price, determines the early resale market more than any finish package. The result was a brand-new bayfront residence entered with the terms understood, not just the view admired.
What made this one work
- $1,695,900 closing price
- 44th floor, Aria Reserve, Edgewater bayfront
- Buyer represented by Sergey Alenin
- Developer contract through closing managed by SunSt
What you're buying
Inside the property
The math behind the deal
See the cap rate, rent roll, comps & exits
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What the numbers mean
In pre-construction, the price is only one term among many. Deposit schedule, incentives, and resale restrictions change the real cost of the same headline number. Comparing those terms across projects is where a buyer's agent earns the fee.
From the agent
Sergey Alenin managed project comparison, contract review, milestone tracking, and the contract-to-closing process for the buyer.
The bottom line
The rendering sells the tower. The contract terms decide whether the purchase was any good.
Considering pre-construction? Ask SunSt to compare contract terms, incentives, carrying costs, and resale competition before you reserve.
Common questions
What did unit 4405 at Aria Reserve close for?+
$1,695,900, with SunSt's Sergey Alenin representing the buyer. Facts pending final confirmation from the closing statement.
What does a buyer's agent do on new construction?+
Compare contract basis across competing projects, review deposit and incentive terms, check resale and assignment restrictions, and manage the developer closing process.
Why does remaining developer inventory matter?+
Because unsold developer units are the resale market's competition. Floor and exposure choices should anticipate that, not ignore it.