The Real Deal Miami

PHOTOS: On the scene at Brickell Flatiron’s groundbreaking

More than half of the 549-unit tower is presold to foreign and domestic buyers

March 21, 2016 01:30PM

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CMC Group held a ceremonial groundbreaking on Wednesday for Brickell Flatiron, a 64-story tower in Miami’s Brickell neighborhood.

Cervera Real Estate is the exclusive sales and marketing for Brickell Flatiron, at 1001 South Miami Avenue, with prices starting at $465,000. More than half of the units are sold to domestic and foreign buyers from 10 countries, according to a press release.

The 549-unit project is the last to break ground in the neighborhood this cycle, according to the Miami Downtown Development Authority. It was designed by Luis Revuelta along with Italian designer Massimo Iosa Ghini and artist Julian Schnabel. Schnabel will work on large-scale artwork for the building’s public spaces.

Units in the building will have panoramic views of Biscayne Bay and the Miami skyline and wide, elliptical terraces. Amenities will include a lap pool and a rooftop swimming pool, fitness club and spa offering 360-degree views of Miami’s landscape.

CMC purchased the site for $21 million in 2013. In May, Colombo put 830 Brickell on the market. CBRE is listing the property, which includes development rights and plans. – Katherine Kallergis and Sean Stewart-Muniz