Address: 1080 Brickell Avenue Miami Florida 33131
Price range: From: 374,900.00 To: 1,231,900.00
Developer: Rilea Group
Residences: 44 floors and 323 luxury residences ranging from studios, 1-, 2-, and 3-bedroom units, to exclusive lofts and penthouses.
Parking: 595 parking spaces
The Bond Brickell Condo will be located in the heart of Brickell Miami and is a real find. Featuring a unique Miami architecture, beautifully finished condos, assigned parking and best of all a great location. The Bond Brickell will be located at 1080 South Miami Avenue.
Within close distance to the heart of Miami known for its fine dining and shops. With its cozy and serene surroundings, the Bond at Brickell will surely make you feel at home. The Bond Brickell will be built more like a boutique condominium tower with only 328 (est.) total units. The Bond Brickell Condo has a selection of units that puts creativity and choice.
Construction for The Bond Brickell is scheduled to start by the end of the year on a 44-story tower condominium tower in Miami’s Brickell district, described as “the first new condo to rise directly on Brickell Avenue since the recession. The Bond at 1080 Brickell will include 323 apartments, with prices starting at $300,000.
“No doubt,” the building will start construction, despite continued wariness of the Miami market, Diego Ojeda, vice president of the Rilea Group, the project’s developer, told World Property Channel. “We have our building permits and we’re starting, 100 percent. The project has already received 130 deposits, primarily from international buyers, after launching sales last week. Many of the purchases were made “sight unseen” by Latin America buyers, according to a release from the developer.
Rilea, a family-owned company headed by Diego’s father, Alan, has changed its pre-sale policies. Instead of allowing buyers to reserve a unit with a 20 percent deposit and then the balance when the sale closes, buyers in The Bond are required to pay additional payments at set milestones, following a system found in other parts of the world. ”Buyers are much more committed”
The Miami market is in the midst of a rebound, after sales and prices plummeted post-2008. Prices for condominiums were up 19.3 percent in March from a year earlier, according to the latest numbers from the Miami Association of Realtors.
THE BOND BRICKELL
Rilea, which has developed three other projects in Brickell–1450 Brickell, One Broadway and the Sabadell Financial Center–originally purchased the property at 1080 Brickell in 2005, But the project was put on hold when the market disintegrated.
- 10% at Reservation
- 10% at Contract
- 20% at Ground Breaking
- 10% at Top Off
- 50% at Closing
THE BOND BRICKELL FLOOR-PLANS