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

540 Brickell Key Dr, Unit 616 Miami, FL 33131
Photo of 540 Brickell Key Dr, Unit 616, Miami, FL 33131 (MLS # A10840563)
1 bed 1 bath 650 sqft $1,800
1045 SW 20th Ave Miami, FL 33135
2 beds 1 bath 2,203 sqft $250,000
750 NW 43rd Ave, Unit 301 Miami, FL 33126
Photo of 750 NW 43rd Ave, Unit 301, Miami, FL 33126 (MLS # A10840518)
2 beds 1 bath 685 sqft $1,600
501 NE 31st St, Unit 3703 Miami, FL 33137
Photo of 501 NE 31st St, Unit 3703, Miami, FL 33137 (MLS # A10840505)
1 bed 2 baths 662 sqft $2,150
55 NE 59th St, Unit 2 Miami, FL 33137
Photo of 55 NE 59th St, Unit 2, Miami, FL 33137 (MLS # A10840533)
2 beds 2 baths 3,798 sqft $1,400
10625 SW 112th Ave, Unit 116 Miami, FL 33176
Photo of 10625 SW 112th Ave, Unit 116, Miami, FL 33176 (MLS # A10840508)
2 beds 2 baths 983 sqft $1,500
1635 Nethia Dr Miami, FL 33133
Photo of 1635 Nethia Dr, Miami, FL 33133 (MLS # A10840528)
3 beds 2 baths 1,769 sqft $899,000
15521 NE 15 Pl, Unit 2 Miami, FL 33162
Photo of 15521 NE 15 Pl, Unit 2, Miami, FL 33162 (MLS # A10833857)
2 beds 1 bath 895 sqft $1,295
6101 NW 2nd St Miami, FL 33126
3 beds 2 baths 1,612 sqft $439,900
5971 SW 149th Ct Miami, FL 33193
Photo of 5971 SW 149th Ct, Miami, FL 33193 (MLS # A10840502)
4 beds 2 baths 1,755 sqft $380,000
1717 N Bayshore Dr, Unit A-1652 Miami, FL 33132
Photo of 1717 N Bayshore Dr, Unit A-1652, Miami, FL 33132 (MLS # A10840504)
2 beds 2 baths 985 sqft $2,500
8700 SW 87th Ave Miami, FL 33173
Photo of 8700 SW 87th Ave, Miami, FL 33173 (MLS # A10840462)
3 beds 2 baths 1,564 sqft $3,650
1435 Brickell Ave, Unit 3211 Miami, FL 33131
Photo of 1435 Brickell Ave, Unit 3211, Miami, FL 33131 (MLS # A10840490)
0 beds 1 bath 624 sqft $340,000
3048 NW 67th St Miami, FL 33147
Photo of 3048 NW 67th St, Miami, FL 33147 (MLS # A10836542)
3 beds 2 baths 1,478 sqft $299,800
45 SW 9th St, Unit 2605 Miami, FL 33130
Photo of 45 SW 9th St, Unit 2605, Miami, FL 33130 (MLS # A10840484)
1 bed 2 baths 852 sqft $2,650

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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