Villa Regina Brickell – Market Update

April 24th, 2013 Written By

Just like many of the “older” buildings on Brickell Avenue, Villa Regina at 1581 Brickell is enjoying a renaissance of sorts. It’s definitely being rediscovered by buyers who are looking for more spacious condos than what is being offered in many of the buildings that were built in the last five years.

The building enjoys a prime waterfront location on Brickell Avenue, just south of 15th Road. This means walking distance to Mary Brickell Village, restaurants, shopping and offices in the financial district. Villa Regina is also one of the few buildings in the Brickell Area with it’s own marina. Boat slips are available for ownership or use only to residents of Villa Regina.

Here is an update on units that are For Sale, are Pending Sale(have accepted an offer) and units that have sold in the past six months. Eight units have sold at an average of $306/sq.ft and an average of 245 Days On the Market. There are some very unique units at Villa Regina and if you take them out of the mix, most units, if priced properly should sell within 120 days in today’s market.

Villa Regina Condos (click on chart to view full page version)

Villa Regina

*All data is from SEF MLS.

To see more details of all available units at Villa Regina(1581 Brickell Avenue), please click here.

Interesting fact: If you have been to Tel Aviv, you will notice a design resemblance between Villa Regina and the Dan Hotel. Both colorful designs are by artist Yaakov Agam.

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here. 

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