Published by Peter Zalewski
11/30/2023 
6:53:30 PM Project Description:
This dazzling seventy-five-story glass tower, featuring a collection of expertly designed residences, is enhanced by the natural energy of this unique location. Extraordinary architectural design, bespoke interiors, lush gardens and Miami River promenade create this masterpiece of life and light. Resplendent in style and spirit; here every day is more vibrant, more sensuous, more serene. This exclusive waterfront tower is comprised of 324 flow-through tower residences starting at the 15th level and culminating at the top three floors with 8 dazzling penthouse residences, all with spectacular views of Biscayne Bay, the Miami River and Miami Skyline. The tower residences are complemented by 28 flats and duplexes fronting the Miami River and the waterfront promenade.
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CraneSpotters Preconstruction Condo Project Overview |
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| Condo Description | Details |
| PROJECT NAME | Baccarat |
| ADDRESS | 444 Brickell Avenue Miami, FL 33131 |
| SUBMARKET | Greater Downtown Miami |
| COUNTY | Miami-Dade |
| WATERFRONT PROJECT | Y |
| TYPE OF WATERFRONT? | River |
| NUMBER OF TOWERS | 1 |
| TOTAL FLOORS (BY ELEVATOR) | 75 |
| TOTAL RESIDENTIAL UNITS | 360 |
| BED RANGE | (1 TO 4) |
| RANGE OF SQUARE FEET | 1,540 TO 3,654 |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 1 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 2 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 3 BED – XX – X,XXX SF |
| UNIT TYPE – TOTAL UNITS – SQUARE FEET | 4 BED – XX – X,XXX SF |
| MINIMUM PRICE PER UNIT | |
| MONTHLY MAINTENANCE FEE PER UNIT | $ 1,346.00 |
| MONTHLY MAINTENANCE FEE PER SQUARE FOOT | $ 1.00 |
| TURNKEY READY | Yes |
| PROPERTY AMENITIES | 10,000 sqf waterfront restaurant, a wine cooler with tasting room, a state-of-the-art Chef’s kitchen with private dining room, 12th level amenities deck with saline swimming pool, outdoor spa, fully-equipped fitness center. Hammam Spa |
| WATER VIEWS | River |
| PETS PERMITTED | Yes |
| MAXIMUM NUMBER OF PETS | |
| RENTAL TIMES PER YEAR | 12 |
| TOTAL ONSITE PARKING SPACES | |
| FIRST DEPOSIT % | |
| SECOND DEPOSIT % | |
| THIRD DEPOSIT % | |
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| TOTAL DEPOSIT % | |
| UNIT FINANCING AVAILABLE | |
| RECOMMENDED LENDERS | |
| PROJECT STATUS | (Under Construction) |
| PRESALES UNDERWAY? | |
| RATIO OF PRESALES | |
| SCHEDULED CONSTRUCTION START | 2022 |
| SCHEDULED COMPLETION DATE | 2026 |
| YEAR COMPLETED | |
| DEVELOPER | Related Group |
| COUNTRY OF DEVELOPER | United States |
| DEVELOPER FEE % | |
| ARCHITECT | |
| ARCHITECTURAL FIRM | Arquitectonica |
| GENERAL CONTRACTOR | |
| DATE OF GROUNDBREAKING PARTY | |
| NOTICE OF COMMENCEMENT FILED | |
| DATE CRANE ERECTED | |
| DATE OF CONDO DECLARATION FILING | |
| DATE OF CONDO LAUNCH PARTY | |
| DATE OF TOPPING OFF | |
| DATE OF FIRST RECORDED TRANSACTION | |
| LEAD LENDER | |
| LEAD LOAN AMOUNT | |
| DATE OF LEAD LOAN | |
| SECONDARY LENDER | |
| SECONDARY LOAN AMOUNT | |
| DATE OF SECONDARY LOAN | |
| CONDO PROJECT WEBSITE | |
| INHOUSE SALES BROKERAGE | |
| INHOUSE SALES REPRESENTATIVE | |
| INHOUSE SALES REP TELEPHONE | |
| INHOUSE SALES REP EMAIL ADDRESS | |
| INHOUSE SALES BROKERAGE ADDRESS | |
| BUYSIDE COMMISSION % | |
| PRICING SURVEY DATE | |
| MINIMUM PRICE PER DOOR | |
| MINIMUM PRICE PER SQUARE FOOT | $ 1,604.00 |
| SALES RATION | |
| COMMISSION % | |
| INCENTIVES | |
Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
Confused about whether it is the appropriate time to buy or sell a condo in South Florida? The experts at CVR Realty are here to assist you in crafting a strategy during this uncertain time. Unlike many brokers offering services, our organization has been through the cycles and can assist you to capitalize on the situation.
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