Viceroy Brickell Launches 7% Leaseback Program for New Buyers
A new leaseback incentive is coming to Brickell — and it’s one that will immediately catch the attention of both lifestyle buyers and real estate investors.
Viceroy Brickell has officially announced a 7% Leaseback Program, offering buyers professionally managed rental income during a fixed leaseback term while maintaining ownership of their residence.
This limited-time program applies to new sales contracts only and is designed to provide predictable income, simplified ownership, and a reduced upfront deposit structure.
What Is the Viceroy Brickell 7% Leaseback Program?
The Viceroy Brickell Leaseback Program allows purchasers to lease their residence back to the developer under a fixed-term agreement after closing.
In return, owners receive quarterly payments equal to 7% annually of the purchase price, paid in arrears over a two-year term.
Key features include:
- Fixed lease payments, not tied to nightly rental performance
- Professional management through the Viceroy rental program
- No short-term rental management required by the owner
This structure is particularly attractive for buyers seeking passive income without day-to-day operational involvement.
Program Highlights at a Glance
According to the official program details:
- 7% annual leaseback, paid quarterly
- Two-year lease term
- Available for new contracts only
- Residences are professionally managed by Viceroy
- Owners retain responsibility for:
- Maintenance fees
- Insurance
- Real estate taxes
Example Provided by the Developer
- Purchase Price: $900,000
- Annual Lease Payment: $63,000
- Total Leaseback Income Over Two Years: $126,000
Reduced Deposit Structure: Just 20% Until Closing
In addition to the leaseback incentive, Viceroy Brickell is offering a total-deposit structure of just 20% until closing, allowing buyers to lock in a contract with significantly less capital tied up during the pre-construction phase.
This is a notable advantage compared to many Brickell developments that require 30–40% in staged deposits prior to delivery.
Why This Matters for Brickell Condo Buyers
Brickell remains one of Miami’s most competitive submarkets, but rising prices and interest rates have made predictable income strategies increasingly important.
The Viceroy Brickell Leaseback Program appeals to:
- Buyers who want income certainty rather than market-dependent rentals
- Out-of-state and international buyers seeking hands-off ownership
- Investors looking to offset carrying costs during the first two years of ownership
Because payments are fixed and contractually defined, this program removes short-term rental volatility from the equation.
Pricing and Delivery Timeline
- Residences start in the $600,000s
- Estimated delivery: Q1 2026
This positions the project as one of the more accessible branded condo opportunities in Brickell, particularly when combined with the leaseback and reduced deposit structure.
Important Disclaimer for Buyers
As noted by the developer:
Participation in the leaseback program is voluntary
The program is offered for a limited time
Leaseback terms must be finalized prior to contract execution
Payments are not a guarantee of future rental performance after the leaseback term ends
Buyers should review all program terms carefully and confirm eligibility before signing.
Final Thoughts
The Viceroy Brickell 7% Leaseback Program stands out as a strategic incentive in today’s Brickell condo market — blending brand-backed management, predictable income, and lower upfront capital requirements.
For buyers seeking a balance between lifestyle ownership and short-term income stability, this program is worth a closer look.
If you’d like full pricing, floor plans, or a breakdown of how the leaseback compares to traditional rental scenarios, feel free to reach out.
