Brickell Waterfront Condos Category

Brickell Key One Unit A1715 – Great All Around

February 26th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Sometimes a condo is a great buy because of the price.  Unfortunately that usually means it will require some renovations and work.  Sometimes a condo is beautifully designed and decorated.  When this is true, it's never just how a buyer would like it and so then it seems overpriced because some of the work has to be "undone".  Sometimes it just the location that makes a property a must have.  It's rare that a condo comes on the market that...Continue Reading!

Elegant and Sophisticated PHT 105 at Villa Regina on Brickell

February 19th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Elegant and sophisticated are two words that it could be said are very overused by Realtors.  However, there aren't any better to describe the condo that just went under contract at Villa Regina on Brickell.  The building and this unit are really one of my favorites right now.  From the pictures below, you can see why this condo was only on the market for 41 days.  It was priced well at $799,000 and stunningly designed and renovated.  I wouldn't change...Continue Reading!

Price Reduction on Unit 2001 at the Santa Maria Brickell

February 11th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Monday mornings are often overwhelming with the amount of information regarding what happened in the Brickell Condo market over the weekend.  We try and find the most valuable piece of information and share it here. This week it’s about unit 2001 at the Santa Maria Brickell.  The price has been reduced $125,000 to $2,125,000.  This follows a similar reduction in October.  Clearly the sellers have a plan with the reductions happening almost every 60 days.  At $670/ sq. ft. unit 2001...Continue Reading!

Brickell Key Condo January 2013 Market Update

February 5th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We’ve just published the January numbers for Brickell and thought you’d like to see Brickell Key broken out on it’s own. In so many ways Brickell Key really is it’s own Island and economy. Where possible we’ve compared them with January 2012 to show trends. The average sale price per square foot is what really catches our attention. Have a look: With inventory tight and no new buildings on Brickell Key, the available number of condos for sale shrunk as did the...Continue Reading!

Million Dollar Views at the Imperial at Brickell | Just Listed By The Riley Smith Group

January 31st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Our new listing at the Imperial has us very busy. The phone started to ring the minute it went into the MLS. The most amazing feature of unit 2507 at 1627 Brickell Avenue is the view it affords. When you enter the condo and pass the foyer you are immediately drawn to the commanding 180 degree views. From the 25th floor, you can see all of Key Biscayne and then beyond to the ocean as you look directly East. To...Continue Reading!

7 Sales at Asia on Brickell Key in 2012

December 28th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Sales activity at Asia, the newest building on Brickell Key developed by Swire is finally picking up in 2012.  Built in 2008 and known for is Asian design and larger than normal condos, this luxury building has recorded some strong sales in 2012.  The most recent sale, Unit 2504 closed this week as a cash transaction for $1,950,000 or $659/sq. ft.  This is slightly higher than the average sale price per square foot in 2012 of $649.  This particular unit...Continue Reading!

Four Seasons Miami Residence Unit 47F SOLD!

December 28th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

As the end of the year approaches, we are all working hard to get transactions closed for our clients.  Last week Unit 47F at The Four Seasons Residences closed for $3,000,000. It was an all cash transaction, after having been on the market for 133 days. The sale price of this 4,164 square foot, three bedroom, four and one half bath home in the sky represents $720/sq. ft, well above the average for the year of $655/sq. ft. that we...Continue Reading!

Miami’s Four Seasons Tower Finishes The Year Strong

December 20th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Recently we wrote about Unit 53C at the Four Seasons in Miami because it went under contract in just 68 days.  Technically it should be called the Millenium Tower Residences at 1425 Brickell Avenue.  But who wants to live at the Millenium when you can live at the Four Seasons? I mean this is Miami after all. The Millenium Tower Residences, which are in the Four Seasons Tower recorded 12 sales in 2012 with an average sale price per square foot...Continue Reading!

Foreclosure Sells For Higher Than List Price At Brickell Place

December 13th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Foreclosure Unit 1607 at 1925 Brickell Avenue closed today for $570,000 or $286/Sq.ft.  This condo is a three bedroom, two and one half bath corner unit at Brickell Place, a four building development in the South Brickell neighborhood.  A large and well designed renovated condo with unobstructed bay views, it was move-in ready with assigned parking and amenities like tennis, two pools and dock space. Maintenance fees are approximately $959 per month and 2011 taxes were recorded at $6,065 without the...Continue Reading!

The Santa Maria On Brickell – 5 Year Trends

December 11th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Even the extreme high end of condo buildings was not completely immune to market fluctuations over the past five years. Here is a look at the past five years of sales at The Santa Maria on Brickell. Developed and built in 1997 by Ugo Columbo and still considered to be one of the finest addresses in Miami, The Santa Maria is located on the bayfront at 1643 Brickell Avenue. Year # Closed Sales Average Sale Price/Square Foot Average Days on Market 2008 9 $640 123 2009 11 $587 216 2010 14 $660 217 2011 18 $649 293 2012* 12 $649 297 We always tell...Continue Reading!

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