Three factors are essential for a good real estate investment: location, location, and location. That real estate one’s looking to invest in could tick all the boxes, but if it doesn’t have a good location, it’s not of much value. Location is key to valuable real estate. Everyone wants to live in a good neighborhood, and when looking for real estate in Miami, there are many good options. One of them being Brickell. Brickell is one of the top 10 best neighborhoods in Miami for many reasons.
Why Brickell?
Miami’s population is increasing by nine hundred people a day for many reasons, including tax-free incomes, perfect weather all year round, diverse and rich cultures, some of the country’s hottest beaches, restaurants, and vibrant nightlife. With that, the need for accommodation has increased. Brickell’s is one of the hotspots of Miami. It has many cultural attractions, restaurants, shopping centers, beaches, and more. For this reason, investors are putting in a lot of money in that area. Many upcoming projects are being built which will completely transform the area. The area is flourishing with high-rise luxurious residential buildings, condos, and towers. The demand for the area will increase even more in the next few years. New projects are being built to meet the increase in demand. In a few years, the location is basically going to be a new Manhattan. The location has a solid long-term real estate market. The average monthly rental price of real estate in Brickell is more than $2k, while the average sale price is around $315k. The area is also a profitable business for short-term rentals and Airbnb.
Lofty Brickell, Miami
One of the prominent projects being built in Brickell is Lofty Brickell. It is located at 99 Southwest 7th Street Brickell. As the name suggests, it’s a magnificent project built by the Newgard Development Group. Newgard’s skillful associates bring over fifty years of combined experience in development, design, marketing, and construction. The genius behind its minimalistic modern design is the renowned company Arquitectonica. Its stylish and contemporary interior is done by INC. The 35 stories tall building consists of 288 high ceilings, fully furnished luxurious residence studios, and one and two-bedroom residences. Units have floor-to-ceiling glass doors and well-equipped state-of-the-art kitchens. All residences have all-embracing views of the Miami River and the Miami Skyline on their private balconies.
The residence facilitates owners with unprecedented flexibility in terms of amenities and customized white-glove services. Suitable for Airbnb and short-term rentals. All units will come fully furnished. They consist of a smart building with the latest technology, many phones and data lines, high-speed internet access, a story lobby with floor-to-ceiling glass windows, 24 hours concierge, valet parking, secure access, and six super-fast elevators with access control, hospitality management and much more. Building amenities include a swimming pool, co-working spaces, rooftop lounge, room with an exclusive terrace for occasions, gym, and more.
As mentioned above, location is an essential factor in real estate investment. So, if one’s looking to invest in Brickell or searching for other locations fitting specific requirements and need guidance, contact Yaima Lamela. Real Estate agent Yaima Lamela is every individual’s guide in finding the best real estate investments Miami has to offer. With so many options available, one needs an expert in the field who is dedicated and honest to her clients.
Lamela is the founder and CEO of Prestige Empire Realty, with an experience of over two decades in real estate. She knows the market like the back of her hand. Her professional brokerage services can find one the property and location befitting specific needs, so if an individual is looking to find the right investment, contact her at www.yaimalamela.com