Brickwell Residences
Ultra luxury boutique residences in Brickell's heart
1870 Brickell Avenue is an ultra-luxury boutique residential development located in one of Miami's most exclusive areas, Brickell Avenue. This project is designed for a high-end market, offering 40 exclusive residences in a modern and sophisticated setting, with privileged views and a strategic location near the city's financial center.
The residences are designed to maximize luxury and privacy, offering spacious interiors and high-quality finishes. The project includes exclusive amenities, such as a pool, state-of-the-art gym, and recreational areas designed for a sophisticated lifestyle. The architecture stands out for its modern and elegant approach, complementing the exclusivity of the location.
Brickell Avenue is one of Miami's most desirable areas, with high demand for luxury properties thanks to its proximity to the financial district, renowned restaurants, and world-class entertainment. This project is positioned as a unique opportunity for investors seeking attractive returns in a consolidated real estate market.
Project indicators
Project Details:
- Location: 1870 Brickell Avenue, Miami, Florida.
- Type: Ultra luxury residences.
- Total Units: 40.
- Average Unit Size: From 2,000 square feet.
- Term: 3.5 years.
- IRR (IRR): 18%.
- Capital Multiplier (MOIC): 1.52x.
Investment thesis
- Type: Preferred Capital
- Investment Vehicle: Limited Liability Company (LLC)
- Returns: 7% per year, payable quarterly from the start of construction, with the remainder accrued upon project completion, reaching a total of 14% per year.
The project is led by Investee Partners in collaboration with Meta Development, which combines the expertise of Iron Capital and Lucid Investment Group in developing innovative and sustainable real estate projects. The legal team includes the renowned firms Greenberg Traurig and Gunster Law.
