Ross’s Comments – What you Need to Know about Carbonell
Named after famous Cuban sculptor Manuel Carbonell, the building sits on the northwest corner of Brickell Key facing the Miami River, city of Miami and Biscayne Bay.
Brickell Key is an island city loved by residents of the several condo buildings and luxury Mandarin Oriental Hotel, with several shops, supermarket, green space, and the one mile baywalk surrounding the island.
Due to the location of the pool on the west side of the property adjacent to the imposing Icon Brickell complex, it does not receive much direct sunlight during the daylight hours.
Similar to the adjacent condo Asia, Carbonnel has two tennis courts and a putting green on the roof of the parking structure.
In terms of price per square foot, Carbonell and Jade Residences are practically attached at the hip, and while Jade has superior amenities and bigger bay views, the additional security and island lifestyle of Brickell Key make up the difference at Carbonell.
With several attractive 2 bedroom options, plus an identical location and similar views to Asia, Carbonell is a good value play on Brickell Key.
BUILDING QUALITY
MANAGEMENT
LOCATION
RENT FRIENDLY
ACCESSIBILITY
FINANCING
DESIGN & EFFICIENCY
AMENITIES
WALKABILITY
PET FRIENDLY
PARKING
SECURITY
RECENT PRICE/SQ FT $603
RECENT PRICE/M² $6,491 SEE PRICE HISTORY
MAINTENANCE COST/SQ FT < $0.75
2 BEDROOM PRICE RANGE (2014-2015) $710,000 – $1,270,000
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UNIT SIZES 1,031 – 2,860 sq. ft (96 – 266 m²)
UNIT TYPES 2, 3 and 4 bedrooms
# OF UNITS 284
# OF FLOORS 40
# OF PARKING LEVELS 6
ARCHITECT J. Scott Architecture, P.A.
DEVELOPER Swire Properties, Inc.
PET POLICY Pets allowed for owners, subject to restrictions.
24-Hour Concierge, Valet and Security
Infinity edge, 30-meter heated bayfront pool with whirlpool spa
Tennis, racquetball and squash courts
Multipurpose exercise room for dance, yoga and other workout regimes
Bi-level fitness center with cardiovascular and weight training equipment
BRICKELL DISTRICT
The Brickell district is an urban neighborhood of greater Downtown Miami situated on the south side of the Miami River, which serves as Miami and South Florida’s major financial district. Brickell is also a dense, high-rise residential neighborhood with many upscale, luxury condominium, and apartment towers.
Referred to as the “Manhattan of the South,” Brickell is home to the largest concentration of international banks in the United States, as well as many popular Miami restaurants, shops, hotels, offices and places of entertainment. A few hundred feet east of the northeastern side of Brickell is Brickell Key, a gated island of exclusive, high-rise residential towers and the Mandarin Oriental Miami Hotel.
As of 2013, over 220,000 office employees work in the Downtown and Brickell areas. Today, the Brickell and Downtown Miami neighborhoods are the fastest-growing neighborhoods in Miami, growing from 40,000 residents in 2000 to 74,000 in 2013 with a median household income of $70,800.
The biggest driver in the area is the development of Brickell City Centre, a massive 5.4 million square foot mixed use project spanning four city blocks. It will consist of two luxury residential towers, a hotel and an office building, all connected by a high rise and open air shopping center with extensive entertainment, retail, restaurant and other offerings. Although Brickell is already considered a highly desirable to “live, work and play”, the addition of Brickell City Centre is going to be a major game changer for the city of Miami.
