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BY Michael Light / On March 14, 2024

The Related Group and Viceroy Hotel and Residences are doing it again. After an incredibly successful partnership with the third tower of Icon Brickell, they are joining forces once again on The Viceroy Brickell at 77 SE 5th Street.

The new project, which is in the same complex with Baccarat Residences Brickell, is located in the heart of the Brickell Financial District along the Miami River and Brickell Avenue. Viceroy Brickell is currently under construction, having received their construction financing in the beginning of 2023.

As of today, the construction has progressed to the 14th floor of what will be 45 stories. When the project is completed in 2026, it will bring 498 new residences to the Brickell area ranging from studios to two bedrooms.

Viceroy Brickell Construction Progress March 2024
Viceroy Brickell Construction Progress March 2024

While the project will be managed by Viceroy Hotel and Residences, there is no condo/hotel program. The units are meant to be purely residential in nature with a minimum rental duration of 30-days (12 rental contracts per year maximum).

Viceroy Brickell Finishes and Layouts

With sales launching in the coming weeks, the designs have been carefully sourced for over a year prior. The tower itself is designed by Arquitectonica, who will also be designing the neighboring Baccarat Residences Brickell in a complimentary style.

The interiors are being designed by the famed Meyer Davis from New York. Their seamless designs blend space, form, textures and light, leaving an inspiring and inviting ambiance. You can find examples of this style in the 1 Hotel in South Beach and Mr. C Residences in Coconut Grove.

Viceroy Brickell will be delivering fully finished residences with matte-finish Italian porcelain floors and Italian cabinetry by Italkraft. The kitchens will also offer appliance packages by Bosch and Fisher & Paykel.

Pre-Launch Sales Information

Sales of the residences will commence with a brief reservation period in coming weeks. This is a unique time when you can reserve the size of residence you would like and lock in your price. The contracts will be delivered a short time after the reservations launch, which allows time to learn more about the project.

In order to ensure the lowest price, we advise buyers to participate in the reservation stage as you are able to hold the initial pricing. Once the contracts are delivered, the pricing always increases. In the current pre-release time, prices for Viceroy Brickell begin in the $600’s.

If you are interested in more specifics on Viceroy Brickell or the timelines, 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@aprender-a-bailar.com

Image Credit: Related Group
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