I just learned that the Viceroy Tower at Icon Brickell is now completely sold out of developer inventory. This is a great news for the Miami real estate market and shows that the glut of condos created during the recent construction boom is almost behind us. At this point, there are roughly 3,000 unsold condos in the Greater Downtown Miami area. Foreign buyers played a critical role in helping to sell out the Viceroy Tower just as they have with every other new condo development in Miami.
Viceroy Tower, located at 485 Brickell Avenue, consists of 527 condo-hotel units and stands 53 stories. Sales of condos at the other two towers at Icon Brickell have also been faring tremendously well. It’ll be great once all 1,795 condos are sold and we can look back and recollect the days when the glistening towers once sat empty.
Have an interest in buying, selling or renting a Miami condo or home? Contact me, Lucas Lechuga, of Miami Condo Investments. When hiring me as your agent, you can be assured that you will be working with a Realtor ® who is:
Reliable - I always stay true to my word. If I tell you that I will do something, you can be certain that I will deliver and/or execute as promised.
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