Luxury Real Estate Investing

What Is the Price Per Square Foot in Brickell vs. Downtown Miami?

Q: What Is the Price Per Square Foot in Brickell vs. Downtown Miami?

Brickell luxury condo resale PSF is approximately $950 (Q1 2026, record high). Pre-construction branded Brickell new development ranges $1,200–$1,500 PSF. Downtown Miami luxury resale is approximately $718–$730 PSF — a 30% discount to Brickell that reflects Downtown's earlier stage of luxury neighborhood development.

By Haute Living Real Estate Editorial Team · Published May 25, 2026

The 30% PSF gap between Brickell and Downtown Miami is a function of ecosystem maturity, not building quality.

Brickell resale. ~$950 PSF (Q1 2026 record), reflecting an established restaurant, retail, and financial services ecosystem and a deep inventory of delivered luxury product.

Brickell pre-construction. $1,200–$1,500 PSF at branded towers like Cipriani Residences Miami and The St. Regis Residences, Miami — Brickell.

Downtown Miami resale. ~$718–$730 PSF — the most significant relative value in Miami-Dade for a buyer willing to underwrite Waldorf Astoria's 2029 delivery and the PSF reset that will follow.

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