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Plaza 951 Brickell

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Neighborhood: Brickell

Year Built: 2008

# Units: 440

# Floors: 44

# Parking Levels: 9

ROSS100 Condo Index Ranking +

69

out of 100

COST RATING: +

1.6 out of 5

LIFESTYLE RATING: +

 3.0 out of 5

Ross’s Comments – What you Need to Know about Plaza 951 Brickell

The Plaza on Brickell towers are connected by the 10th floor amenity / pool deck, as well as the parking garage that is accessible from either Brickell Avenue or Brickell Bay Drive.

A popular community with a total of 1,000 residential units, the Plaza has outperformed most of its peers due to its central Brickell location, range of amenities and attractive pool area.

This tower contains both a residents club room, plus billiard and cigar room.

From the 11th through 44th floors there are 12 units per floor serviced by six high speed elevators.

The east facing units, lines 04, 06 and 08, offer the most interesting bay views from higher floors.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $452

RECENT PRICE/M² $4,865     

MAINTENANCE COST/SQ FT < $0.75

2 BEDROOM PRICE RANGE (2014-2015) $430,000 – $650,000

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UNIT SIZES  650 – 1,395 sq. ft (61 – 130 m²)

UNIT TYPES  1 and 2 bedrooms

# OF UNITS  440

# OF FLOORS  44

# OF PARKING LEVELS 9

ARCHITECT  Nichols, Brosch, Sandoval & Assoc., Inc.

DEVELOPER  The Related Group

PET POLICY  Pets allowed subject to restrictions. 

24-Hour Concierge, Valet and Security

State-of-the-art fitness center and spa with the latest strength and cardiovascular equipment

Multipurpose room with billiards

Wine storage room

Full service business center with high-speed data and voice capability

Heated pool and poolside lounge chairs

Steam room and sauna

Available ‘personal touch’ services including concierge, valet, on-site dry cleaning pick up and delivery, car washing, dog walking and housekeeping

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.

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