Dubbed as the “Manhattan of the South,” Brickell stands tall as the second financial district of the United States, right after its famous New York City counterpart.
Nestled in the heart of Miami’s bustling urban landscape, Brickell has become a hub of international finance, luxury living, and thriving business opportunities. With its towering skyscrapers, sleek high-rise condominiums, and an unmistakable cosmopolitan vibe, it’s no wonder that Brickell has earned its reputation as the go-to destination for those seeking a taste of Wall Street’s excitement combined with the allure of South Florida’s tropical paradise.
As you stroll through the streets of Brickell, you’ll witness a bustling landscape of well-dressed professionals, bustling restaurants, high-end shopping destinations, and a vibrant nightlife that rivals any major city. It’s a place where business and pleasure intertwine effortlessly, creating a unique and dynamic atmosphere that sets it apart from other neighborhoods.
For these and many other reasons, Brickell has become a magnet for international investors, attracting a diverse and multicultural community.
In the past week, the residential real estate market in Miami’s prestigious Brickell area witnessed several notable sales. Let’s take a closer look at the top 10 most expensive homes sold and their key details:
1- Condo in the 1400 block of Brickell Avenue
- Sold for $3.2 million
- Size: 1,964 square feet
- Price per square foot: $1,629
- Built in 2003
2- Condo in the 1000 block of Brickell Avenue
- Sold for $1,700,000
- Size: 1,778 square feet
- Price per square foot: $956
- Built in 2017
3- Condo in the 1000 block of Brickell Avenue
- Sold for $1,651,000
- Size: 2,525 square feet
- Price per square foot: $654
- Built in 2008
4- Condo in the 400 block of Brickell Avenue
- Sold for $1,650,000
- Size: 1,825 square feet
- Price per square foot: $904
- Built in 2008
5- Condo in the 200 block of Biscayne Boulevard Way
- Sold for $1,623,000
- Size: 1,489 square feet
- Price per square foot: $1,090
- Built in 2008
6- Condo in the 1000 block of Brickell Avenue
- Sold for $1,385,000
- Size: 1,593 square feet
- Price per square foot: $869
- Built in 2016
7- Condo in the 400 block of Brickell Avenue
- Sold for $1,385,000
- Size: 1,390 square feet
- Price per square foot: $698
- Built in 2009
8- Condo in the first block of Fifth Street
- Sold for $810,000
- Size: 1,513 square feet
- Price per square foot: $535
- Built in 2006
9- Condo in the first block of Sixth Street
- Sold for $735,000
- Size: 879 square feet
- Price per square foot: $836
- Built in 2016
10- Condo in the 100 block of Southeast 12th Terrace
- Sold for $700,000
- Size: 1,145 square feet
- Price per square foot: $611
- Built in 2006
Noteworthy Trends
- 21 residential real estate sales were recorded in the Brickell area during the past week.
- The average sale price for the 21 properties was approximately $948,705.
- The average price per square foot stood at $781.
These sales demonstrate the continued desirability and value of Brickell-area properties. If you’re looking to invest in Miami’s thriving real estate market, this area offers a diverse range of options to explore.
Let’s find together the best-fitting property for what you are looking for.