A highly anticipated 37-story condominium tower, One Twenty Brickell Residences, has achieved a complete sellout well ahead of its projected 2028 completion date. Located in the heart of Miami’s Brickell district and developed by PMG, the project reflects the robust demand for luxury real estate in the city.
Key Takeaways
- One Twenty Brickell Residences has sold all 266 condos before construction is finished.
- The tower broke ground in May 2025 and is set for completion in 2028.
- Unique feature: dedicated deeded offices for residents on floors 2 through 12.
- Developer secured $413 million in construction financing for this and an adjacent tower.
Rapid Sellout Signals High Demand
Announced just in March 2024, One Twenty Brickell Residences quickly gained interest from buyers, culminating in the full sale of its 266 units even though it won’t open its doors until 2028. This rapid sellout demonstrates continuing enthusiasm for new luxury developments in Brickell, Miami’s premier financial and residential neighborhood.
Innovative Features Set Tower Apart
A distinctive aspect of One Twenty Brickell Residences is its inclusion of deeded office spaces for owners spanning eleven floors. This integration of residential and professional amenities echoes changing lifestyles, catering to those seeking seamless ‘work-live’ environments.
Other amenities and specifics about the shared podium—which will connect One Twenty Brickell with a forthcoming 41-story multifamily building—are still emerging, but initial interest suggests both towers will play pivotal roles in Brickell’s urban evolution.
Significant Financing Backs Ambitious Project
In April, developer PMG secured a robust $413 million financing package, ensuring progress not just for One Twenty Brickell Residences, but also the interconnected 41-story apartment building rising next door. This financial support underlines investor confidence in both the Miami real estate market and the long-term vision for this mixed-use community.
Outlook for Brickell and Miami’s Real Estate Landscape
The sellout of One Twenty Brickell Residences before its completion serves as another indicator of Miami’s ever-growing allure among both domestic and international buyers. With quality design, forward-thinking amenities, and significant investment, these new towers are poised to further elevate Brickell’s reputation as a top destination for luxury urban living.