Bristol Tower Condo Market Category

Bristol Tower Market Update

November 15th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Bristol Tower was built in 1993 and is located in the southern end of Brickell Avenue.  Condos at the Bristol Tower don't turn over as often as other condos on Brickell which is why you will find just 5 listed on the market for sale right now. You may remember our post last year which reported that Pharrell Williams had listed his Penthouse at the Bristol for $16,800,000 (later reduced to $10,900,000).  Just last week he temporarily took this unit off...Continue Reading!

Another Brickell Sale for the Riley Smith Group!

July 18th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

All clients are motivated by different requirements. Many times we hear about a desire for a unit in a great building, on a high floor and with a water view. In this case it was a bit more interesting. This is a very active couple and they had very specific requirements: must have a true lap pool at least two bedrooms and a spacious layout for entertaining doesn’t need major updating potentially walking distance to Brickell’s office buildings After months of searching, my colleague Carleen...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!

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!

UPDATE $2.8M Price Chop on Pharrell’s Brickell Penthouse

January 16th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

I guess the answer to my question is no.  If you remember, in November we wrote about whether or not a price premium would be paid by a buyer just because a property was owned by a celebrity.  You can read that post here.  That was the day that PH4000 at The Bristol Tower on Brickell went on the market for $16,800,000.  Less than two months later the price has been chopped to $13,999,000.  That means that he will be...Continue Reading!

What Will $500,000 Buy In Brickell?

December 14th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Somebody looking for a place to live approaches the market with their wants and needs as the driving force and trying to maximize what their budget will allow. An investor approaches it slightly differently. The budget is the priority and then maximizing their potential ROI from the purchase. An investor customer asked me this week, “What will $500,000 get me in Brickell?” My answer was the same as it always is. “The answer is dependent upon the building” A perfect example...Continue Reading!

Celebrity Pharrell Williams Selling His Bristol Tower PH?

November 27th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

PH4000 at 2127 Brickell Avenue (also known as the Bristol Tower in Miami’s South Brickell Neighborhood) just hit the market for $16,800,000. PH4000 last sold in March of 2007 for $13,950,000 (list price was $16,900,000) and the buyer was reportedly Pharrell Williams, famous music producer and performer who has worked with Justin Timberlake, Gwen Stefani, Britney Spears, Snoop Dog among other artists.  The seller at that time was the original owner and Bristol Tower developer, Ugo Colombo.  The property features five...Continue Reading!

What Does A 2 Bedroom Condo In Brickell Go For?

November 8th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

This is one of the questions that I am asked repeatedly by out of town buyers.  And the anser I give is always the same....It depends on the building. Yesterday saw a slew of closings and here are four that represent a sample of what a two bedroom in Brickell goes for today, including a link for more pictures and details: Brickell East Unit 403 | 151 SE 15th Road | List Price: $415,000 | Sale Price: $385,000 | Photos and more...Continue Reading!

Unique Combined Unit Hits The Market At Bristol Tower

October 29th, 2012 Written By

Brickell Condo Blog | The Riley Smith Group

Furthering a trend that we’ve written about, a large and luxurious condo unit at Bristol Tower on Brickell has hit the market for $6,000,000.  Located at 2127 Brickell Avenue, in the South Brickell neighborhood, what makes this condo unique is it’s size. Units 2401 and 2402 have been expertly combined to create a five bedroom, five and one half bath home in the sky. The water and city views are fantastic and the outdoor space is huge.  This chic and stylish...Continue Reading!

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