Brickell Real Estate Category

Great Opportunity At Costa Bella | 2 Bedroom, 2 Bath For $350,000

October 19th, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

Although values on Brickell have been increasing at a rapid pace over the past few years, there are still some great opportunities to live in the area for an affordable price. The Riley Smith Group has just listed a fantastic unit at the sought after building of Costa Bella for $350,000.  Costa Bella is located on Brickell Bay Drive, a quiet waterfront street in the heart of Brickell. It is just a short walk from Mary Brickell Village and soon...Continue Reading!

Live Within Walking Distance To Brickell City Centre & Mary Brickell Village

August 10th, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

In a recent poll conducted by The Miami Herald, Brickell was named the number one location in Miami if you are looking for an urban lifestyle. Our listing located at Brickell On The River is situated in the heart of the Brickell corridor, just steps from Mary Brickell Village and Brickell City Centre.  It has a "WalkScore" of 95 and a "TransitScore" of 100 which shows just how accessible it is to nearby shops, restaurants and transportation. If you are not...Continue Reading!

Just Listed At The Icon On Brickell | The Riley Smith Group

March 6th, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

We have just listed a spectacular condo at The Icon on Brickell. Unit 803 offers incredible bay views, 2 bedrooms, 2 baths (+ a den that can be converted to a 3rd bedroom) and 1,518 square feet of living space. This modernly designed unit has an open European style kitchen and white porcelain tile throughout.  It is being offered for $899,000. Located at 495 Brickell Avenue, The Icon is one of the most sought after condominium buildings on Brickell. The amenities...Continue Reading!

New Trend In The Market | Buyers Moving From Single Family Homes To Condos

March 3rd, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

From a real estate perspective, condos are a completely different animal than single family homes.    For the first time in my career I am seeing more and more single family homeowners decide to make the move to condo living.  I believe that this is the result of a few factors.  First, the new buildings going up on Brickell offer incredible amenities which you cannot possibly have in a single family home.  Right at your fingertips you can have a...Continue Reading!

Just Sold By The Riley Smith Group | Highest Sale Price In Over 5 Years

January 22nd, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

Congratulations to our sellers who just closed on their condo at The Atlantis on Brickell.  This was a very unique 2 story unit located on the garden level of one of Brickell's most iconic buildings.  Walls of glass created light filled living areas which opened onto a large and private terrace.  It had been completely renovated throughout with the finest materials including top of the line appliances and attention to every detail.  2 bedrooms/2 bathrooms were located on the bottom...Continue Reading!

Foreclosures Surpass Short Sales On Brickell During 2014

January 16th, 2015 Written By

Brickell Condo Blog | The Riley Smith Group

Despite record setting prices and high demand for Brickell condos during 2014, there were still a significant amount of distressed units sold throughout the year. In fact, there were approximately 75 foreclosures out of 700 total condos sold.  The average foreclosure closed for $327/square foot or $325,000. The number of short sales dropped significantly in 2014 with just 16 closed.  This says a lot in terms of the health of the market because during 2013 there were over 70 short sales...Continue Reading!

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!

Inventory Is High At The Santa Maria

December 5th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

The Santa Maria is such a sought after condo building on Brickell that there are never more than a handful of listings at a given time.  That is why it is very unusual that there are currently 9 listings for sale.  However, these aren't the typical Santa Maria units that we see come on the market; 7 out of the 9 condos for sale are listed over $3,000,000.  There is usually much more inventory in the $1,000,000 - $3,000,000 price...Continue Reading!

Which Building Commands The Highest “Price Per Square Foot” On Brickell?

November 10th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

When a buyer is looking for a luxury condo on Brickell, there are 3 buildings they are usually interested in: The Four Seasons Residences, Asia on Brickell Key, and The Santa Maria. Although each very different, they have many of the same luxury amenities that someone who is paying over $700/square foot is looking for.  So far in 2014, Asia on Brickell Key has the highest average "sale price / square foot" coming in at $849.00.  The second highest is...Continue Reading!

Should You Increase The List Price Of Your Condo?

October 24th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

Increasing the list price on your condo is not typically a good idea (unless you have remodeled/renovated) and has the potential to negatively impact the sale-ability of your property.  Buyers will think you are unrealistic and not in tune with the market value.  I can't stress how important it is to price your condo correctly from the beginning.  There is no doubt that if you do so, it will sell faster and for a higher price. If you were a buyer...Continue Reading!

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