North Brickell Condo Market Category

Full Price, Cash Offer! Investor Buys Unit 3709 In Jade At Brickell Bay

October 23rd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

When Unit 3709 in The Jade At Brickell Bay (1331 Brickell Bay Drive) hit the market in August, I knew it would get snapped up fast.  At $1,149,000, it was priced below recent closed sales in the building.  Not surprisingly, an investor bought it for full asking price with cash in less than a week.  The condo closed last week and has already come back on the market for rent at $4,500 per month.   Broker was AG Real Estate Advisors. Here at The Riley Smith...Continue Reading!

Market Update – Icon Brickell Tower II

September 24th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The condo market at Icon Brickell Tower II is booming.  With 26 condos sold this year and 6 already under contract, the number of closed sales will certainly exceed last year's total of 32 sales. If you purchased a 2 bedroom unit at Icon Brickell a few years ago, you have seen your investment increase from an average of $395.00 psf in 2011, to $510.00 in today's market.  The 3 bedroom units have seen a similar increase from $500.00 psf in...Continue Reading!

Icon Brickell Condo Layouts with a Den Increase Options for Owners and Investors

August 12th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

One of the most compelling features of some of the units at Icon Brickell are the layouts which include a “Den”. The developers were very smart with these layouts because the additional space provides the unit owner with many options. The den is located off the hallway just as you enter the unit.  It has a decent size closet and is shares a bathroom with one of the bedrooms.  This den space must be called a den because it does not...Continue Reading!

Four Seasons Residences Two Bedroom Sells for $1,450,000

July 25th, 2013 Written By

Residence 45B at the Millenium Tower has just closed for $1,450,000 or $623/square foot. This condo sold after being on the market at this price for 340 days. Patience was a virtue for this seller as they were able to sell for approximately 92% of their asking price. The Millenium Tower/Four Seasons Miami Residences are located at 1425 Brickell Avenue. Details about this unit: Two bedrooms Two full bathrooms & guest powder room 2,317 square feet of living area Southeast corner views of bay and...Continue Reading!

Worth A Look – Unit 1501 at The Emerald at Brickell

June 11th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Worth A Look - Unit 1501 at The Emerald at Brickell The Emerald at Brickell is one of those hidden gems that it’s easy to forget about from time to time.  I believe this is part of it’s charm.  It’s one of the smallest buildings in Brickell, with only 142 units.  Some of the units have great water views, but it’s not a waterfront building.  And it does not have the name “Brickell” anywhere in it’s address.  What I particularly like about it...Continue Reading!

The Condo Association Interview – Why?

June 10th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The Condo Association Interview - Why? If you were ever told as a child that you needed to do something “Just Because”, or “Because I am the Parent and I Say So”, then you may get the same feeling about a Condo Association interview being “Required". Nobody can actually and definitely explain why.  Ask 20 people and you’ll get 20 answers, all of them different. This week, one of our clients who is a busy doctor and lives out of the country was scheduled to...Continue Reading!

Chic Studio at Viceroy at Icon Brickell Sold for $290,000

March 20th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

If you travel to Miami regularly and are sick and tired of staying in an impersonal hotel room, why not buy a studio just like this one? Unit 4305 just closed for $290,000. It was an all cash deal, with no financing involved. This condo is located in the Icon Tower three which also houses the Viceroy Hotel. It is not a hotel room. It is a 495 square foot studio with white ceramic floors, nice balcony, luxurious bathroom and...Continue Reading!

February 2013 Shows Strong Growth in Brickell Condo Market

March 6th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The February 2013 numbers are in!   Where possible we’ve compared them with February 2012 to show trends.  A short month with very strong growth.  Have a look for yourself: The number of sales this February vs. last February is exactly the same.  Our initial reaction was skeptical until we started crunching the numbers.  Then things started to get very interesting. Average List Price being up only indicates a Seller’s confidence in the market.  But when Average Sale Price is up 16% and...Continue Reading!

What Will $1,000,000 Buy in Brickell?

March 1st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

This morning we were looking at everything available for sale in Brickell and Brickell Key for between $975,000 and $1,125,000.  Even though the market is busy, we were a little shocked to find only 16 condos for sale.  13 of them are two bedroom units, two are three bedroom units and there is one four bedroom for sale in this price range. It's not surprising that seven of the available condos are in the Icon Brickell Complex, since there are over 1800...Continue Reading!

SLS Hotel and Residences Coming to Brickell

February 27th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The biggest secret that's not a secret!  With it's recent success in South Beach, the SLS flag being touted as the hotel component to the newest Related Group project is sure to contribute to a fairly quick sell-out of the project.  The project will come out of the ground at 1300 South Miami Avenue in Brickell.  This is the corner of South Miami Avenue and 13th Street just east of the Infinity at Brickell Tower. This is NOT a Condo Hotel. ...Continue Reading!

  • Page 1 of 2
  • 1
  • 2
  • >

Copyright ©     Log in     Design by Real Estate Tomato     Powered by Tomato Real Estate Blogs