Miami Condo Market and Lifestyle Updates
One Unit Sold Every Other Day at Brickell City Centre

One Unit Sold Every Other Day at Brickell City Centre

by Sep Niakan | September 14, 2015

One unit was sold every two days by Swire since the beginning of sales for Rise and Reach at Brickell City Centre. They sold a total of 78 condos in the Reach tower and Rise tower, in about 150 days between March and August.

Swire Properties, developers for the megaproject, has sold condo units for the past five months and will begin closings on those units at the end of the year.

Of the 390 units at Reach, they have sold 317 units averaging in the mid $600 range per square-foot. Of 390 units at Rise, 129 have been sold in the upper $600 range per square-foot.

The developer mentioned they will begin to see a profit from sales at the end of 2015 when closings begin. In addition, they hope the East hotel will open its doors by the end of the year.

 

 

Source: thenextmiami.com

Photo credit: thenextmiami.com

Recent posts

Opinions and Advice

Miami Pre-Construction Frequently Asked Questions

by Sep Niakan | May 22, 2017

How much is the fee to have a knowledgeable and licensed Miami real estate broker help me select the right property? How much of my money does developer use during construction? What are the penalties if I decide to cancel my pre-construction...

Opinions and Advice

Comprehensive Guide to Buying a Pre-construction Property or Condo in Miami

by Sep Niakan | May 22, 2017

Why You Need to Read This Miami Pre-construction Condo Guide Miami Pre-Construction Phases How to Negotiate the Best Miami Pre-Construction Deal How to Finance Pre-Construction Property Closing Costs for Pre-Construction...

Lifestyle

Save the Date for these Stellar June Events in Miami

by Sep Niakan | May 20, 2017

With summer here, Miami turns up the heat with the hottest events lining up for the month of June. You can find a new way to spend each day, whether it's catching up on international cinema, going on a food-eating spree, or peering over the...

Lifestyle

The Top Ten Highest-Rated Restaurants in Miami

by Sep Niakan | May 14, 2017

It’s no secret how Miami’s local food scene is going global with innovative restaurants populating the landscape. We’ve got locals to tourists and even celebrities raving about how Magic City's culinary scene has grown leaps...