Brickell is Miami and South Florida’s main financial district, where countless residential and commercial skyscrapers make up the community. It has a total area of 1.19 square miles and a population of 31,000, making it Miami’s densest neighborhood.
It is often dubbed Miami’s Wall Street, with residents working in the trade and financial industries. Brickell is also slowly becoming one of the neighborhoods of choice for young professionals.
Brickell is an urban neighborhood located just south of the Miami CBD and south of the Miami River. It is near Little Havana, Biscayne Bay, Virginia Key, and Key Biscayne.
The neighborhood has three sub-districts: West Brickell, South Brickell, and Brickell. Brickell is the financial district, where banks, high-rises, and offices are headquartered. West Brickell is the residential area of Brickell that features low- to mid-rise apartment complexes. South Brickell is where the single-family homes and high-rise condos are located.
Real Estate Community in Brickell
Average Land Area/House Square Feet
Condominiums in Brickell range in size from 300 square foot studios to over 6,800 square foot units with four or more bedrooms.
Common Property Types or House Styles
Majority of the properties in Brickell are upscale apartment towers, with the most luxurious developments found west of Brickell Avenue and high-rise condos found east of Brickell Avenue. There are also waterfront homes and homes with a pool or a private dock. Single-family homes built in the 1900s up to the present are located at the south of Broadway.
In the early 1900s, Brickell Avenue became the famed “Millionaire’s Row” for its countless mansions lining the road. Today, it is replaced by luxury condos, commercial buildings, and expensive apartment complexes.
Average Market Pricing
Brickell single-family homes for sale are typically priced from just under $1 million to $4 million or more. Condos for sale in Brickell have a median listing price of around $455,000.
Common Design, Construction, or Architectural Types
Condominiums feature a contemporary and elegant resort-inspired style. Home styles vary but many feature waterfront or city views.
Many consulates stay in Brickell, including those from Brazil, Ecuador, Switzerland, the Netherlands, Cuba, Argentina, and Venezuela. Celebrities such as Jose Jose, Luis Miguel, Clinton Portis, Jennifer Lopez, and Marc Anthony have all lived in Brickell.
Living in Brickell
General Cost of Living
The cost of living index in Brickell is around 109, similar to other cosmopolitan areas in Miami.. It is a little lower than the cost of living in Manhattan or Santa Monica but higher than the state and national averages. The main factor that contributes to the high cost of living is housing.
Just like the rest of Miami, Brickell has a subtropical climate. Summers are hot and humid while winters are mild.
A huge portion of the population are working in the finance, banking, and legal industries. Since many businesses have established their hub here in Brickell, jobs in other sectors are available as well.
Brickell never runs out of dining options. Some of the must-try restaurants are Zuuk Mediterranean Kitchen, Perricone’s Marketplace & Cafe, Poke 305, Gyu-Kaku Japanese BBQ, Nikko By Sunshine, Truluck’s, Batch Gastropub, Crazy About You, and La Mar by Gaston Acurio.
Top-rank educational institutions serve Brickell. These schools include Southside Elementary School, Mater Brickell Preparatory Academy, Riverside Elementary Community School, Brickell International Academy, Kids Learning Adven DC-Brickell, and Brickell Children’s Center. Private schools such as First Presbyterian International Christian School, Gordon Day School, and Prima Casa Montessori School also operate in Brickell.
Brickell is a pedestrian-friendly community. Locals get around using the Miami Metrorail, with stops at Brickell Station and five other stations served by the Metromover’s Brickell Loop. The Metromover train system is also a free, reliable mode of public transport in Brickell, running three lines throughout the downtown. More importantly, Metrorail and Metromover are connected.
Parks, Recreational Activities, and Attractions
There are several parks in Brickell, including Simpson Park Hammock, Alice Wainwright Park, Southside Park, Allen Morris Brickell Park, Brickell Park, Miami Circle, and Brickell Key Park.
Although highly urbanized, historical landmarks still remain in some parts of Brickell, giving us a glimpse of what used to be in the old days. These must-visit sites include Brickell Mausoleum, St. Jude Catholic Church, Miami Circle, and Dr. James M. Jackson Office.
High-end shopping is also available at Mary Brickell Village. Theaters, sporting venues, and museums are also plentiful at Brickell. Don’t miss going to Wynwood Arts District, Gusman Center for the Performing Arts, and Perez Art Museum.
Experience high-rise living in Brickell with a spectacular view of the ocean with help from The Jills Zeder Group. Contact us at 305.722.5721 or 305.341.7447 to get started on your search for the perfect condo or home that best fits your needs.