POL Realty

Brickell Real Estate Analysis

Brickell is now, unequivocally, the center of Miami. It is the heart of the city’s financial, residential, and soon, commercial, universe, and it seemingly happened overnight.

The crash of 2008 allowed an influx of young people, who originally couldn’t afford the high prices, to call the neighborhood home and make the area, for lack of a better term, cool. “We started off in 2009 with 62 percent occupancy, and that grew over the next four years to 95 percent occupancy,” says Alyce Robertson, executive director of Miami Downtown Development Authority (DDA), who estimates the current population base to be largely 25- to 44-year-olds. “There were virtually no condos left to be had.”

The catalyst in the urbanization of Miami is Brickell City Centre, the $1.05 billion mixed-use development that will include luxury shopping, two residential towers, an East Hotel, and two mid-rise office towers. “We felt the development was a symbol for the future of Miami,” says Clare Laverty of Swire Properties, the developer. “We were trying to curate a lifestyle and build off the model that we have in Hong Kong and China, where you have these very successful mixed-use urban developments where people live, work, and play, and stay on the hotel side.”

Brickell City Centre will create a hub within the urban core and fill in the gaps, allowing more Brickell residents to ditch their cars and live the city life they so desire. People will stroll up on foot, ride a Citi Bike, or take the Metrorail or Metromover to dine at Quinto La Huella, sip cocktails at Sugar, and shop at Valentino, Chopard, or the 107,000- square-foot Saks Fifth Avenue. “Miamians are learning how to walk again,” says Related Group’s Rosso, who notes that Latin American buyers used to places like Mexico City, Caracas, Buenos Aires, and São Paulo enjoy an urban center. “All those characters that were in our brochures walking the streets are starting to show up in Brickell.”

MIAMI Real Estate Listings

Active Listings in MIAMI

133 NE 2nd Ave, Unit 1213 Miami, FL 33132
Photo of 133 NE 2nd Ave, Unit 1213, Miami, FL 33132 (MLS # A10807055)
2 beds 2 baths 1,153 sqft $2,100
3191 SW 147th Ct Miami, FL 33185
Photo of 3191 SW 147th Ct, Miami, FL 33185 (MLS # A10807043)
4 beds 3 baths 2,728 sqft $480,000
4600 SW 67th Ave, Unit 228 Miami, FL 33155
Photo of 4600 SW 67th Ave, Unit 228, Miami, FL 33155 (MLS # A10807030)
2 beds 2 baths 1,012 sqft $235,000
1627 Brickell Ave, Unit 2603 Miami, FL 33129
Photo of 1627 Brickell Ave, Unit 2603, Miami, FL 33129 (MLS # A10806997)
2 beds 3 baths 1,316 sqft $469,000
3202 W Trade Ave, Unit Ii3 Miami, FL 33133
Photo of 3202 W Trade Ave, Unit Ii3, Miami, FL 33133 (MLS # A10806988)
2 beds 3 baths 876 sqft $2,050
851 NE 1st Ave, Unit 2600 Miami, FL 33132
Photo of 851 NE 1st Ave, Unit 2600, Miami, FL 33132 (MLS # A10806953)
1 bed 2 baths $3,600
9030 W Flagler St, Unit 3 Miami, FL 33174
Photo of 9030 W Flagler St, Unit 3, Miami, FL 33174 (MLS # A10806950)
3 beds 3 baths 1,566 sqft $2,150
801 Brickell Key Blvd, Unit 1101 Miami, FL 33131
Photo of 801 Brickell Key Blvd, Unit 1101, Miami, FL 33131 (MLS # A10806905)
2 beds 2 baths 1,280 sqft $3,350
4300 SW 67th Ave, Unit 24 Miami, FL 33155
Photo of 4300 SW 67th Ave, Unit 24, Miami, FL 33155 (MLS # A10806929)
1 bed 1 bath 633 sqft $1,300
MLS # A10806916 Miami, FL 33186
Photo of Miami, FL 33186 (MLS # A10806916)
4 beds 3 baths 1,795 sqft $2,900
9589 SW 148th Ave Cir S Miami, FL 33196
Photo of 9589 SW 148th Ave Cir S, Miami, FL 33196 (MLS # A10806906)
4 beds 3 baths 2,032 sqft $359,000
28110 SW 175 Ave Miami, FL 33031
6 beds 4 baths $857,990
2000 N Bayshore Dr, Unit 706 Miami, FL 33137
Photo of 2000 N Bayshore Dr, Unit 706, Miami, FL 33137 (MLS # A10806897)
1 bed 1 bath 747 sqft $1,800
17505 SW 280 St Miami, FL 33031
Photo of 17505 SW 280 St, Miami, FL 33031 (MLS # A10806899)
5 beds 3 baths $689,990
480 NE 30th St, Unit 1607 Miami, FL 33137
Photo of 480 NE 30th St, Unit 1607, Miami, FL 33137 (MLS # A10805181)
2 beds 2 baths 1,380 sqft $2,750

Walk Score for MIAMI

MIAMI School Data

MIAMI School Districts

MIAMI Schools

Lenora Braynon Smith Elementary School
PK-5, public
Arcola Lake Elementary School
PK-5, public
Auburndale Elementary School
PK-5, public
Banyan Elementary School
PK-5, public
Biscayne Gardens Elementary School
PK-5, public
Van E. Blanton Elementary School
PK-5, public
Blue Lakes Elementary School
PK-6, public
Broadmoor Elementary School
PK-5, public
Caribbean Elementary School
PK-8, public
Citrus Grove Elementary School
PK-5, public
Coconut Grove Elementary School
PK-5, public
Colonial Drive Elementary School
PK-5, public
Comstock Elementary School
PK-5, public
Coral Park Elementary School
PK-5, public
Coral Terrace Elementary School
PK-5, public
Coral Way K-8 Center
PK-8, public
Cypress Elementary School
PK-8, public
Frederick R. Douglass Elementary School
PK-5, public
Charles R Drew K-8 Center
PK-6, public
Paul Laurence Dunbar K-8 Center
PK-6, public
Earlington Heights Elementary School
PK-5, public
Edison Park K-8 Center
PK-6, public
Emerson Elementary School
PK-5, public
Lillie C. Evans K-8 Center
PK-8, public
Everglades K-8 Center
PK-8, public

Posted on July 26, 2017 at 3:31 am by Ana Pol

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