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Brickell Avenue towers on a sunny day, seen from Biscayne Bay

The neighborhood

Invest in Brickell

Who buys, how much property tax you pay and where you can rent.

If you're buying in Brickell to rent, start with each building's rules. Price, floor and view are yours to choose; the rental rule is written into the condo documents, and it's what changes your numbers the most.

Why Latin Americans look at Brickell

The Real Deal reported in November 2025 that 63% of new-development sales in Brickell and Coconut Grove went to foreign buyers, and that 86% of the foreign buyers of new construction in South Florida were Latin American.

Across the region, Colombia was the top country of origin for foreign buyers in 2025, at 15%, according to the MIAMI Realtors international report. Read more in our data guide.

What you need to check

Short-term rentals
CBS Miami reported in 2025 that owners in several towers are asking the city to crack down on illegal Airbnb rentals. Domus Brickell Center and One Twenty Brickell Signature were designed for renting. Short-term rental guide
Property tax
Brickell is in the City of Miami: a total rate of 20.03 mills in 2024, about 2.0% of taxable value. Tax guide
Deposits
They go into escrow under Florida Statute 718.202, and you have 15 days to cancel the contract. Deposit guide

In the area

Pre-construction projects in Brickell

01 / 05

Compare all seven in one table

FAQ

Three questions about the area

Where is Brickell?

South of the Miami River, on Biscayne Bay. It's the city's financial district and belongs to the City of Miami.

Are Brickell and Downtown the same?

They're neighboring areas separated by the Miami River: Downtown is to the north and Brickell to the south. Several of our projects sit right on that line.

What is Brickell Key?

A small island off Brickell, connected by a bridge. It's almost entirely residential and is also part of the City of Miami.

Sources

Photos: Unsplash. Reviewed on October 15, 2026.