Carbonell On Brickell Key Condo Market Category

The Unique Bi-Level Penthouses At Carbonell

December 16th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

Built in 2006, The Carbonell on Brickell Key is one of the most sought after buildings on Brickell.  Rising 40 stories high with 260 units, the building is known for its spectacular views of Biscayne Bay.  Some of the amenities include a 24 hour concierge, valet parking, pool, fitness center as well as the other benefits of living on Brickell Key such as the waterfront jogging path, market, dry cleaners, beauty salon, flower shop and access to The Mandarin Oriental...Continue Reading!

Brickell Key Quarterly Upate

April 3rd, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

Real estate on Brickell Key has been moving along at a steady pace in 2014. There have been 40 condos sold so far in the first quarter of this year (compared to 43 condos sold during the same time period of 2013).  Although the number of sales are roughly the same, we have seen the average sale price jump from $670,000 to $800,000 this year as well as an increase in the average "sale price per square foot". Below is the...Continue Reading!

Brickell Key Condo Market Is Breaking Records In 2013

December 17th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Much like the rest of the condo market in South Florida, Brickell Key is setting records in 2013.  A few sales just came in which helped push the number of condos sold on Brickell Key to the highest levels in the history of this private island.  We also saw the average sale price on Brickell Key jump to the highest figure on record.  Some of the top selling buildings were Asia and Carbonnell, we also saw an increase in value...Continue Reading!

Brickell Key Condo Market Update

November 5th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We received an email recently from a buyer who is interested in purchasing a condo as an investment on Brickell Key.   He is from out of town and could not believe how much prices had risen from 2 years ago when he last looked at investing on Brickell, particularly for 3 bedroom units.    Now he is ready to act quickly before prices go up any further. Take a look at the chart below which gives you a quick snapshot of...Continue Reading!

Our Clients Love Brickell Condo Data!

October 31st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We have access to all of the best charts and statistics for the Brickell real estate market.  Within a few minutes, we can generate the latest facts and trends for any condo building that you are interested in buying or selling in.  Although the true value of a condo unit varies depending on condition, view, line etc., these charts help give our clients an overall glimpse of the market in each individual building. Check out a few of the trends for...Continue Reading!

Brickell Key, Did You Know?

September 25th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Brickell Key is a private island located at the mouth of the Miami River and is home to more than 2,000 condo units.  Many people don't know that the history of Brickell Key began more than 100 years ago. In 1896 Henry Flagler, a key figure in the development of the east coast of Florida had a 9 foot channel dug out at the entrance of the Miami River.  In doing so, he created two small islands.   These islands were purchased...Continue Reading!

Brickell Key Condo July 2013 Market Update

August 5th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Prices and Sale Price per Square Foot continue to climb year over year, but the number of sales in July 2013 is much smaller than in 2012. Inventory of available condos on Brickell key is 110. Just one more than in June. It seems that the number of sales in July are a direct relation to the number in June. June was double the previous year, and July is almost half. This is why we look at trends, because there are so...Continue Reading!

Brickell Key Condo June 2013 Market Update

July 10th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

June sales on Brickell Key SOAR!  Units at Asia start to sell. Inventory of available condos on Brickell key is 109. Hovering around the same number May’s 111. While all of the numbers are impressive, the Total Value of Sales in 2013 is more than double what it was last June. Yes, sale prices are up. Yes, list prices are also up. Yes, Average Days on the Market is down, meaning quicker sales. The other trend is that some of the priciest condos on...Continue Reading!

Large Condos In Brickell Are In Very Short Supply

May 28th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

For the past few months we have been writing about the shrinking inventory levels of all condos for sale in the Brickell neighborhood, including Brickell Key. Of the 629 condos that are available for sale, only 25 have four or more bedrooms. That is less than 4%. More and more families are choosing condo living, especially foreign buyers. Condos appeal to them because of the conveniences, the superior amenities and most of all, the security. A new four bedroom condo just...Continue Reading!

Best Value At Carbonell At Brickell Key

May 22nd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

As you can probably tell, we are always analyzing. Buildings, condos, different part of Brickell, new developments etc. When we come across something that really stands out from the norm, it’s usually worth writing about. There is a unit for sale right now at Carbonell that is really worth taking a look at. It is being offered for sale at $417 per square foot. If you read yesterday’s post, you would know that on average, condos at Carbonell have been selling...Continue Reading!

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