For years investors have requested a pied-à-terre in Miami that would allow them to use the vacation property when they wish, but lease it out to other vacationers when they are elsewhere. At last Lofty Brickell has answered their call.
The project is currently under construction at 99 SW 7th Street, having demolished the existing building and hosting a groundbreaking earlier this year. This month they have received their site work permit to begin the work on the 44-story luxury hybrid tower that is set to change the scope of the marketplace.
Until recently, these types of condos were very scarce on mainland Miami. Most new towers require at least a 30-day lease, with hefty fines if you are caught breaking the rules. Now, there investors will have 362 new units that they can use or lease at their leisure.
Location
An added bonus of Lofty Brickell is its convenient location along the banks of the Miami River.
It is also walking distance to Brickell City Centre as well as the Miami Metro Brickell Station nearby.
Access to I95 is convenient for those who need to visit the airport or other locations that are outside of Brickell. This will prove to be a big selling feature when it comes time to invite vacationers to the property. They want ease of access, proximity to fun things including waterfront activities and a luxurious place to stay.
The Condos
In very convenient form, each of the units is delivered completely finished and furnished. Buyers are able to choose from color palettes and when the closing arrives, the apartment is ready for move-in.
They feature floor-ceiling impact windows, hard flooring including beautifully sturdy porcelain flooring that gives the illusion of wood, elegant European kitchens and stone countertops.
Each condo has a glass-enclosed terrace with corner units enjoying wraparound balconies. The views include the Miami River, Biscayne Bay and the glittering city lights of Downtown Miami. Units on higher floors will be able to see to Miami Beach and the Atlantic Ocean.
The Amenities
With over 40,000 square feet of amenities, the vacationers and owners will live as though they are in a resort.
The pool deck is flanked with loungers and daybeds, is fully staffed and also offers a hammock garden and covered living area.
A 3,000-square foot wellness center has a gym and a spa. In the spa, you will find sauna, steam rooms, a cold plunge pool as well as treatment rooms. There is also a juice bar for after-treatment or workout refreshment.
On the rooftop you will find a sky club with a rooftop pool, observatory, cigar lounge, additional treatment rooms and a lounge bar.
As the property is riverfront, you will also find a private marina where a yacht could pick up vacationers or owners for a day on the water.
Another interesting and cutting-edge feature of Lofty Brickell is that it is offering a custom digital art NFT to each residence owner.
“This is the first time we know of where a condominium will display a commissioned NFT collection throughout the entire building, and the first-time owners will receive a unique digital art piece when they purchase their units. Each piece is inspired by Miami’s history, diversity and incredible energy, taking you into an immersive experience of time, culture, lifestyle and awakening of the city, ” said Newgard CEO Harvey Hernandez.
The units range in size from 446-square foot studios up to 986-square foot two-bedroom layouts.
The project is currently over 90% sold, yet penthouses remain beginning at $2.2 million.
If you are interested in a presentation of the project with specific details, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.