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

880 NE 69th St, Unit 2p Miami, FL 33138
Photo of 880 NE 69th St, Unit 2p, Miami, FL 33138 (MLS # A10934051)
1 bed 1 bath 831 sqft $1,650
495 Brickell Ave, Unit Bay607 Miami, FL 33131
Photo of 495 Brickell Ave, Unit Bay607, Miami, FL 33131 (MLS # A10933914)
2 beds 2 baths 1,390 sqft $3,600
1600 NE 1 Ave, Unit 1801 Miami, FL 33132
Photo of 1600 NE 1 Ave, Unit 1801, Miami, FL 33132 (MLS # A10932994)
1 bed 2 baths $2,250
14207 SW 176th Ter Miami, FL 33177
Photo of 14207 SW 176th Ter, Miami, FL 33177 (MLS # A10934050)
3 beds 2 baths 1,369 sqft $2,225
11940 SW 99th St Miami, FL 33186
Photo of 11940 SW 99th St, Miami, FL 33186 (MLS # A10934048)
4 beds 3 baths 2,820 sqft $3,750
15438 SW 50th Ter Miami, FL 33185
Photo of 15438 SW 50th Ter, Miami, FL 33185 (MLS # A10933814)
4 beds 3 baths 2,015 sqft $439,000
16201 N Miami Ave Miami, FL 33169
Photo of 16201 N Miami Ave, Miami, FL 33169 (MLS # A10931147)
5 beds 2 baths 2,070 sqft $369,000
1740 NW 51st Street Miami, FL 33142
Photo of 1740 NW 51st Street, Miami, FL 33142 (MLS # A10917981)
3 beds 1 bath 1,387 sqft $210,000
7777 SW 86th St, Unit F1-213 Miami, FL 33143
1 bed 2 baths 809 sqft $230,000
1 Glen Royal Pkwy, Unit 1211 Miami, FL 33125
Photo of 1 Glen Royal Pkwy, Unit 1211, Miami, FL 33125 (MLS # A10930669)
2 beds 2 baths 763 sqft $199,900
1100 S Miami Av, Unit 2302 Miami, FL 33130
Photo of 1100 S Miami Av, Unit 2302, Miami, FL 33130 (MLS # A10933005)
1 bed 1 bath 1,058 sqft $2,350
2101 Brickell Ave, Unit 1205 Miami, FL 33129
Photo of 2101 Brickell Ave, Unit 1205, Miami, FL 33129 (MLS # A10934005)
1 bed 1 bath 791 sqft $1,900
145 NE 82nd Ter, Unit 6 Miami, FL 33138
Photo of 145 NE 82nd Ter, Unit 6, Miami, FL 33138 (MLS # A10934003)
1 bed 1 bath 653 sqft $1,250
999 SW 1st Ave, Unit 2204 Miami, FL 33130
Photo of 999 SW 1st Ave, Unit 2204, Miami, FL 33130 (MLS # A10933937)
2 beds 2 baths 1,228 sqft $3,000
2423 SW 25th St Miami, FL 33133
Photo of 2423 SW 25th St, Miami, FL 33133 (MLS # A10933946)
2 beds 1 bath 1,406 sqft $595,000

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

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