Miami’s real estate market has been on the rise for a couple of years now, and there is no evidence that it is slowing down. With so many investors, both from within the US and from foreign countries, many of which are from Latin America, as stressed in a previous blog post, condo towers have been springing up everywhere in Miami; there are over 10 pre-constructions in Brickell alone!
For those of you who might be thinking of investing in Brickell, be it for residence or leasing, we know how stressful and difficult of a decision this can be. There are so many factors one must consider, so many little details one must look into. To make matters even more complicated, every project and sales team claims that they have the best prices, amenities, and finishings. How is one to make such a daunting decision given the limitless number of options?
When it comes to amenities and finishings, there are often a surplus of renderings and videos (and often a model of the interior of the units) of the expected final product, making it easier for one to make judgements, as it all boils down to a matter of personal preferences and tastes. Figuring out the prices offered by different developments and comparing them to those of other projects is a whole other matter though, as they are infrequently provided by condo developers. Due to this rarity, the Brickell.com team has created visual graphs comparing the prices, both lowest and average per square foot, of all of the pre-construction developments in Brickell. In doing so, we hope to have helped all of you interested in investing, by letting you compare the prices of different condos to better decide which apartments fit your budget. All we ask is for you to remember that these prices are not set in stone, as they are subject to change depending on how many and at what rate units in these developments are being sold. Directly below are the two graphs, and below those, links to many of the pre-construction condos in Brickell.