The Real Deal Miami

Miami’s BrickellHouse sells 50 percent of units

February 15, 2012 09:45AM

BrickellHouse

BrickellHouse, one of Miami’s new construction residential developments, has sold 50 percent of its 374 units since launching in late 2011, the project announced.

The majority of buyers have come from Europe, Canada and Latin America — led by Venezuelan buyers.

“The fact that BrickellHouse has reached the 50 percent sales mark in just four months is further proof that Miami’s condo market is back,” said Alicia Cervera Lamadrid, managing director of Cervera Real Estate, which is handling sales at the project.

There are 22 newly-announced projects in South Florida, with more than 4,000 units projected to be built. — Alexander Britell