THE RENAISSANCE OF MIAMI’S ICON BRICKELL
Miami’s Icon Brickell is experiencing an epic revival and fueling the energetic spirit of the downtown Miami real estate market. Just one year ago, the Icon Brickell complex was on the brink of desertion, but today the shining towers are a tribute to the perseverance of those riding out the real-estate storm. According to The Miami Herald, more than 930 condos have sold in two of the towers and a third tower has sold 518 of its 520 units, stating downtown Miami’s largest condo complex has gone from “nearly three-quarters empty to three-quarters sold.”
In addition to the redivivus wave of condo sales, the Viceroy Hotel in Icon’s third tower was purchased last month by a Maryland company adding to the attraction of Icon Brickell. The Miami Herald added, “with the hotel sold and about 40 residential units selling each month, Icon’s road to health looks much clearer now than it did just 12 months ago.”
While projects such as Icon Brickell have relied heavily upon foreign buyers, as more than 70 percent of sales have come from abroad, the revival of the mega-complex is a true testament to the area and the Miami real estate market in general. In Miami-Dade County, condo sales went up 94 percent this past April according to the Miami Herald. Much of those sales are due to heavy price slashing, but with the growing attraction to downtown Miami, prices are starting to rise again as the units become increasingly desired.
The allure of the Brickell neighborhood described as the “Manhattan of the South” and a resurgence of real estate sales and marketing strategies has brought Icon Brickell to its intended true status: the ultimate in tropical luxury living. With a private two-acre park, a 3 in 1 pool that spans nearly 300 feet (where you can literally swim in the lap of luxury), a lavish full-service spa, fully equipped fitness center, a movie room, concierge services and the most decadent interior features such as French limestone countertops and Italian cabinetry, there’s not much the Icon Brickell doesn’t offer. The complex is wrapped in opulence and eccentricity with gorgeous ocean, bay and city skyline views and designs by the world-renowned Philippe Starke and Arquitectonica. The mecca that is Icon Brickell is a city within a city and is the epitome of luxury living only Miami can offer.
Today, Brickell and Downtown Miami are the fastest-growing neighborhoods in Miami and Icon Brickell is the place to be seen, heard and bask in the ambience of sunsets and swank. Allow SoBe Luxury Homes to escort you along the journey to discovering a world of style and sophistication, where powder white sands and sparkling waters create an urban- tropical and most luxurious lifestyle.
At SoBe Luxury Homes, we provide the latest tools, insights, and updates on the Miami real estate market to assure our clients have the most knowledgeable and educated agents. It is certainly our pleasure to assist you in every possible way to find the element of all your aspirations. For further information regarding your future home, contact Christian Kawas and Ivan Hernandez at 305.608.6681 and experience the ultimate in luxury living and unsurpassed service only SoBe Luxury Homes can offer.
Back to Blog