Inside A Brand New Unit At SLS Brickell, Where A Grand Opening Is Planned Tomorrow

Here is the first look inside a newly completed condo unit at SLS Brickell, where a grand opening celebration is planned tomorrow.

Unit 3401 was listed by a flipper for sale yesterday, with an asking price of $1.25 million (or $836 per square foot). It isn’t yet known how much the owner paid.

The units is fully finished. It includes 2 bedrooms, 2 bathrooms and a den with 1,495 square feet of space.

Monthly maintenance fees are listed at $805.

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FH

Meh. Average at best and not worth the asking price imo.

Anonymous

$805 maintenance fee ? Ha. That is a lowball introductory rate good for the first few months only. More likely close to a dollar per sq ft or $1400 to 1500. Besides there is a hotel component to SLS where they gouge and manipulate the apartment owners. Just ask people at the Grand condo near the Omni.

Michael J. Sommers

This condo is worth about $600,000 max. the seller will never sell it for what they are asking. I bought a 1,799 sqft, 2-story, 3 bed / 3 bath, + an 800 sqft terrace at Axis Brickell in 2015 for $610,000.

MrMarc305

Thanks Mike!

S F

Who knows what it’s worth – there are so few transactions and so many units for rent and sale that it’s hard to say. But – yes, no shot this thing is worth $865 PSF (or even close).

Marc

The first few photos looked identical to the corner units at Axis.

Good on you for making a smart purchase on the penthouse.

Wyatt

The height and unobstructed views from that corner help buoy the value. Definitely not to +$800 PSF, but I lived at the Axis and your 2-story is on the pool deck with no view. No comparison.

Anonymous

Man, if this is an “unobstructed view,” I wonder what mine is considered.

Anonymous

It’s nice. I like the view of the 5th rendering where it shows Echo being built.

¯\\_(ツ)_/¯
Anonymous

Amazing Restaurants…had dinner last Thursday at Michael Schwartz, rto die for…and heard that Jose Andrews Bazaar is incredible.

cool vibe, not typical Brickell!!!

well done!

Anonymous

All these new apartments are build for people not living in them permanently. Look how small the Fridge is or the closets.

Marc305

My thoughts exactly, look at the third and fourth photo. You can see the kitchen and the balcony, that space is big enough for a dinette set or a couch but not both. So you have to decide whether you can live without a dinning room or a living room. SMH.

William

Thats a standard 36″ fridge with drawers. I don’t see it as small. Fully integrated fridges are wonderful, you just don’t see them that often.

marc

So a 12″ deep fridge is standard for a 36?

Marc

Who even cooks in Miami?

Anonymous

Developers made a lot of money …… a win win situation for them , now the investors have to eat the loses with this saturated market ….. maybe resale under purchase price , the movie is always the same , we do not learn . New investors and tenants are very happy for the coming war of prices ….5000 units for resale and/or lease back to market in one year :-$

Anonymous

If its built like Icon Bay or most (if not all) Related products you will be able to hear the guy fart next door and probably smell it too!!!!

Anonymous

7th pic – nice quality on the balcony! LOL!

Anonymous

Typical Related crappy finishes. I don’t understand how brokers keep selling this cheap product and get burned with their clients and continue losing clients.

Anonymous

I wonder how the sound travel is between units.

Kay

Typical Related quality and finishes…CHEAP. I wouldn’t even pay 500/sqft for this junk.