North Brickell Condo Market Category

500 Brickell, Update on Two Bedroom Condos

February 25th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We always have clients looking and ready to buy.  The challenge right now, is a lack of inventory.  Looking at 500 Brickell, a two tower development located in North Brickell very close to the Miami River and the Brickell bridge, there are only five (5) two bedroom condos currently for sale.  They range in price from $399,000 to $485,000.  Two are owner occupied and three are currently rented.  Not much to choose from especially considering that there are 633 units...Continue Reading!

Low Floor = Higher Price for Icon Brickell Tower One Unit 701

February 21st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

  Unit 701, a three bedroom two and one half bath condo at 465 Brickell Avenue just sold for $1,125,000.  In the building also known as Icon Brickell Tower One, this sale sets new records for the "01" line.  At 2,044 square feet of living space this price represents approx $550/sq. ft.  It is the highest resale price so far in this new building. Interestingly enough, unit 2201 sold just one month ago in January for $1,070,000 with obviously much better views. ...Continue Reading!

We Need a Two Bedroom/Two Bath Condo in Brickell for under $500,000

February 18th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

  This morning I had a breakfast meeting with a client who is here for the long weekend.  He and his family come to Miami often and may even relocate here in the future.  They love Brickell and all it has to offer and are now ready to buy, even thinking that they should have bought two years ago.  While everyone want to time the exact botom of the market and many try to, I assured him that all indications are...Continue Reading!

Record Breaking Sale At Two Tequesta On Brickell Key

February 7th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We have been busy crunching numbers this week as all of the data from January came in. But today we are happy to report that Unit 3301 at 808 Brickell Key Drive closed for a record breaking amount of $1,290,000. That is $568 per sq. ft. Compare that to the average price per sq. ft. on Brickell Key in January of $411. This represents the highest price for a three bedroom condo at Two Tequesta in over 5 years and...Continue Reading!

SOLD! Four Bedroom Condo At Jade Brickell @ $571/sq.ft

October 8th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

We’ve been talking a lot about large Brickell condos lately.  Demand is high!  Unit 3701 at the Jade Brickell just closed for $1,950,000.  Here are the details: 4 Bedrooms / 4.5 Baths 3,415 sq. ft of living area Direct bayfront and city views Wrap around glass balconies 2 garage parking spaces Marble flooring, top of the line appliances, built in espresso maker The most important piece of information about this sale is that the condo is currently rented until April of 2013 for $8,700/month.  With a monthly...Continue Reading!

North Brickell vs. South Brickell…..What’s The Difference?

September 25th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

I’ve been a huge fan of living in Brickell ever since I first started visiting friends in Miami more than 15 years ago.  Until recently the residential Brickell neighborhood was referred to simply as Brickell.  If you told someone you lived in Brickell, they knew and could probably picture the elegant Brickell Avenue with the landscaped median, where high rise condominium towers rose directly on the waterfront and low rise condo’s, townhouses and some single family homes lined the opposite...Continue Reading!

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