Brickell Waterfront Condos Category

Bank Owned 3 Bedroom at Imperial at Brickell – $479,900

June 21st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

A terrific opportunity just hit the market in one of my favorite buildings in South Brickell. A three bedroom on the 10th floor at 1627 Brickell Avenue, which is now bank owned and available. It’s going to sell very fast. How do we know this? Because a unit on the 24th floor with the exact same square footage, layout and almost the same position in the building just sold for $680,000, and it needed renovations! I don’t need to do the...Continue Reading!

10 Sales This Week in South Brickell

June 7th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Ten Sales this Week in South Brickell: For years, the Southern end of Brickell Avenue between 15th Road and the Key Biscayne Causeway, was the only image that came to mind when anyone talked about Brickell Condos.  Most all of the buildings are waterfront and were built between 1963 and 2001, the majority in the 80’s and 90’s. Now considered the more quiet and residential part of Brickell, these buildings, though older have a lot to offer in comparison to the newer construction...Continue Reading!

UPDATE – Imperial at Brickell unit 2507 SOLD for $700,000

May 30th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

On March 15th we announced that our corner, bay-front listing at 1627 Brickell Avenue had gone under contract. It closed yesterday for $700,000 which represents $391/sq.ft. While this is average for Brickell in general, it is a record price for the building and the Seller and a great value for the Buyer. This was a cash deal, meaning that although the buyer did take advantage of low interest rates and get a mortgage, the purchase was not contingent upon that happening....Continue Reading!

Knowing Trends In Brickell Helps Our Customers Make Confident Decisions

May 23rd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

One of the ways that we find we are most helpful to our customers is giving them data. As much data as possible. Information is power and it helps to take the guess work out of decisions regarding: Is now a good time to sell? Why? Is now a good time to buy? Why? What are the market trends? This infographic was generated today using the most up to date data available. It shows clearly that in Brickell the trends over the past 12...Continue Reading!

Carbonell on Brickell Key – Market Update

May 20th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Built in 2006 and comprised of just 284 units, Carbonell on Brickell Key is one of my favorite buildings. Large enough to support great amenities and service staff, yet small enough to make it’s residents feel that they are living a wonderful lifestyle in a very special place. Carbonell is located at 901 Brickell Key Boulevard and is positioned on the island so that many units have a direct water view and almost every unit has some water view. The building...Continue Reading!

The Cipriani Effect at Icon Brickell Miami

May 13th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

If you are a real estate fanatic, then you've no doubt heard about the Whole Foods Effect on a neighborhood and real estate prices. Whether or not Whole Foods has a scientific formula for the way they choose new locations in cities, or it’s just a coincidence that they open right at the inflection point when real estate values are about to go up, is up for debate. One thing that is for sure is that when the upscale retailer...Continue Reading!

The Carlos Ott Penthouse on the 61st floor of Echo Brickell

May 9th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Although not by design, the theme of the week is clearly Penthouses in Brickell. In an article on Forbes.com today, Echo Brickell was included in a short list of the world’s tallest and most luxurious residential towers, Rise Of The Super Towers: The Next Big Thing In Luxury Housing, written by Morgan Brennan. There are many things that stand out about Echo Brickell, but in our opinion, the Carlos Ott Penthouse is one of the most unique offerings we’ve ever seen....Continue Reading!

UPDATE Four Seasons Penthouse 70F SOLD for record $1,358 per square foot

May 8th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

There seems to be a lot of activity around Penthouse level condos. This is nothing new for Miami, where we even have Junior PH levels due to some serious marketing minds and the unending desire for some sort of bragging rights. We are happy to report the sale of PH 70F at the Millenium Tower Residences, also known as the Four Seasons Miami at 1425 Brickell Avenue.  We wrote about this property recently on our blog, view post here. The sale price...Continue Reading!

Brickell Key Condo April 2013 Market Update

May 6th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Property values on Brickell Key continued to climb in April. As usual, even more than Brickell in general. Here are the actual numbers: Inventory is down in April from 112 to 108 condos actively for sale on Brickell Key. Pending Sales are also down from last month. 56 in April versus 60 in March. The most expensive condo for sale on Brickell Key is still a five bedroom unit at ASIA for $9,000,000. The least expensive is one bedroom at Brickell Key II for...Continue Reading!

April 2013 Update For The Brickell Condo Market

May 3rd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The April 2013 numbers are in! Where possible we’ve compared them with April 2012 to show trends. It may sound like a broken record, but the gains are still impressive, even after an incredible month like March. Have a look: If you have been following our Blog you will also recognize that in March there were 595 condo units available for sale in Brickell. Now as of April 30th, there were 612. This is noteworthy because it the the first time...Continue Reading!

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