SLS Hotel and Residence Brickell is definitely taking shape with
reservations going under contract. The
property, which will be located at 1300 South Miami Avenue, features retail on
the ground floor with three hot restaurants – Katsuya, Bazaar by Jose Andres
and a restaurant by Michael Schwartz of Michael’s Genuine.
The Related Group and Phillppe Starck have a vision with SLS Hotel
and Residences Brickell. The design
aesthetic is like nothing else in Brickell with its multi-colored stripes and
diagonal lines. It will truly be an
architectural masterpiece that will stand out among all other Brickell condominiums and hotels.
In addition to the hotel occupying the 3rd through 9th
floor and the condominium residences occupying the rest of the 52-story
building from the 10th floor, the plans are for the 9th
floor to feature top of the line hotel amenities (also available to condo owners)
including a state of the art fitness center, a party room, screening room, a
long pool, private spa and Hyde Lounge.
There will also be a 3,000-square foot business center with private
meeting rooms, an 8,000 square foot ballroom for events, and a rooftop pool and
lounge area exclusively for condominium residents. It is
important to note that even though, this property features a hotel and
condominium residence, it is NOT a condo-hotel.
Real Estate Update at SLS Brickell
Construction on SLS Brickell is still slated to begin at the end
of the year – November 2013 – with completion sometime in 2016. To date, almost of the condominium residences are reserved. The most recent inventory list show that the following are the units still available
for purchase:
|
Unit
|
Description
|
Square
Feet
|
Unit Orientation
|
List Price
|
|
4807
|
1-BR/1-BA + DEN
|
698
|
W
|
$438,900
|
|
3208
|
1-BR/1-BA + DEN
|
762
|
W
|
$447,900
|
|
5108
|
1-BR/1-BA + DEN
|
762
|
W
|
$565,900
|
|
5208
|
1-BR/1-BA + DEN
|
762
|
W
|
$547,900
|
|
UPH-5
|
1-BR/1-BA + DEN
|
762
|
W
|
$599,900
|
|
3404
|
1-BR/1.5-BA + DEN
|
810
|
E
|
$502,900
|
|
5009
|
2-BR/2-BA + DEN
|
1,115
|
W
|
$643,900
|
|
5109
|
2-BR/2-BA + DEN
|
1,115
|
W
|
$645,900
|
|
5209
|
2-BR/2-BA + DEN
|
1,115
|
W
|
$688,900
|
|
UPH-6
|
2-BR/2-BA + DEN
|
1,115
|
W
|
$745,900
|
|
1001
|
2-BR/2-BA + DEN
|
1,495
|
NE
|
$738,900
|
|
1201
|
2-BR/2-BA + DEN
|
1,495
|
NE
|
$763,900
|
|
1205
|
3-BR/2.5-BA + DEN
|
1,505
|
SE
|
$851,900
|
|
1505
|
3-BR/2.5-BA + DEN
|
1,505
|
SE
|
$879,900
|
|
1006
|
3-BR/2.5-BA
|
1,346
|
SW
|
$641,900
|
|
1806
|
3-BR/2.5-BA
|
1,346
|
SW
|
$726,900
|
|
4506
|
3-BR/2.5-BA
|
1,346
|
SW
|
$826,900
|
|
PH
|
||||
|
4903
|
3-BR/3.5BA + DEN
|
2,270
|
E
|
$1,984,900
|
|
5003
|
3-BR/3.5BA + DEN
|
2,270
|
E
|
$2,056,900
|
|
4905
|
4-BR/3.5-BA
|
2,332
|
SE
|
$2,227,900
|
|
5005
|
4-BR/3.5-BA
|
2,332
|
SE
|
$2,306,900
|
|
4906
|
4-BR/3.5-BA
|
2,125
|
SW
|
$1,721,900
|
|
5006
|
4-BR/3.5-BA
|
2,125
|
SW
|
$1,822,900
|
|
5106
|
4-BR/3.5-BA
|
2,125
|
SW
|
$1,817,900
|
|
4910
|
3-BR/2.5-BA + DEN
|
1,845
|
NW
|
$1,299,900
|
|
5010
|
3-BR/2.5-BA + DEN
|
1,845
|
NW
|
$1,356,900
|
|
5110
|
3-BR/2.5-BA + DEN
|
1,845
|
NW
|
$1,333,900
|
|
5210
|
3-BR/2.5-BA + DEN
|
1,845
|
NW
|
$1,419,900
|
Units are reserved with the following down payments:
- $30,000 for one-bedroom units
- $40,000 for two-bedroom units
- $50,000 for three-bedroom units
Following the reservations, the payment schedule for buyers as
follows:
- Reservation Down Payment Listed Above
- 10% at Contract – Approximately 2-13 Months Later
- 10% at Ground Breaking – November 2013
- 10% at 25th Floor – Approximately 9 Months After Groundbreaking
- 10% at Top-Off – Approximately 9 Months After Previous Payment
- 50% at Closing/Completion -- 2016
Keep an eye on this blog as Miami Riches continues to update the progression of SLS Hotel and Residences Brickell. This project is
an exciting addition to the Miami skyline and one that is expected to create a
lot of stir once construction begins.
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