Lofty Brickell Location & Neighborhood
99 SW 7th Street, Miami, FL 33130
The Neighborhood
What's within reach.
-
Brickell City Centre Across the street0.05 mi
-
Miami River Direct frontage0.05 mi
-
The Underline Direct tie-in0.1 mi
-
Mary Brickell Village Walking distance0.3 mi
Life at Lofty Brickell
The Miami River corridor is increasingly Brickell's most-active redevelopment zone — historic and gritty just a decade ago, now home to the Underline park, riverfront restaurants, and the city's most ambitious residential projects. Lofty sits in the heart of this transformation.
Short-Term Rental Approved
Lofty Brickell is among the most prominent Brickell buildings approved for short-term rentals — owners can list on Airbnb, VRBO, HomeAway with no minimum lease.
Private Marina
400 linear feet of private Miami River marina frontage. Boat slip availability for residents.
Steps from Brickell City Centre
Across the street from Brickell City Centre — Miami's premier mixed-use shopping, dining, and office destination.
INC.NY-Designed Interiors
All residences feature INC.NY interior curation — known for hospitality-led design that performs well in short-term rental settings.
Artefacto Penthouse Collection
Top-floor penthouses curated by Brazilian luxury furniture brand Artefacto — including signature 'sand benches' and access to the exclusive PH Observatory lounge.
Lofty Brickell Investment & Market Outlook
Why Brickell Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Brickell specifically has seen sustained demand from international buyers seeking US dollar-denominated real estate, tax advantages from Florida's no-income-tax structure, and currency hedging against home-market inflation.
Branded residences like Lofty Brickell typically command 25–35% price premiums over comparable non-branded inventory in the same submarket, and resale price retention has consistently outpaced the broader Miami condo index over the past decade.
Friends & Family Pricing
As pre-construction specialists with direct developer relationships, we offer qualified buyers access to friends-and-family pricing — typically 4–8% below current public release pricing — along with extended deposit schedules, custom unit selection, and priority on the most desirable exposures and floors.
Deposit Structure
Standard Brickell pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. Lofty Brickell follows the Brickell market standard. Our team can walk you through the full deposit schedule and any current developer incentives reducing the at-contract deposit requirement.
How to Reserve a Residence at Lofty Brickell
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
-
01
Initial Consultation
We start with a 30-minute call to understand your goals — primary residence, investment, legacy asset — and walk you through current availability, pricing tiers, and the floor plans best suited to your needs.
-
02
Floor Plan Selection & Reservation
Once you've narrowed your selection, a refundable reservation deposit (typically $25,000–$100,000) holds your residence for 14–30 days while contracts are prepared. You'll receive the full developer reservation package and the most current pricing for your specific unit.
-
03
Contract & First Deposit
The purchase contract is executed with the developer, and the first deposit (typically 10–20% of the purchase price) is wired to the developer's escrow account at a Florida-licensed institution. All funds are protected under Florida pre-construction escrow law until milestones are reached.
-
04
Construction Milestones
Subsequent deposits are released as construction reaches defined milestones — typically groundbreaking, top-off, and certificate of occupancy. You'll receive quarterly construction updates, photo documentation, and the option to tour the unit once interiors are roughed in.
-
05
Closing & Delivery
At closing, the final balance is funded (cash or financing via approved lenders), title transfers, and you receive keys. Closing typically occurs 30–60 days after the developer issues the certificate of occupancy. Move-in coordination, designer access, and Mercedes-Benz/Bentley/Armani concierge enrollment all happen at this stage.
Lofty Brickell FAQs
Answers to the most common questions about Lofty Brickell pricing, amenities, and policies. For anything else, our team is here to help.
How much do Lofty Brickell condos cost?
Lofty Brickell pricing ranges from approximately $490,000 for studios (446 sq ft) to $3.15 million for Artefacto-curated penthouses (1,859 sq ft, 2-3 bedrooms plus den). Most one and two-bedroom units sit in the $880K-$1.5M range.
Are short-term rentals allowed?
Yes — Lofty Brickell is fully approved for short-term rentals. Owners can list on Airbnb, VRBO, HomeAway, or any home-sharing platform of their choice with no minimum lease.
Who designed Lofty Brickell?
Architecture by Arquitectonica. Interiors curated by INC.NY. Penthouse Collection by Artefacto.
Who is the developer?
Newgard Development Group, founded by Harvey Hernandez. Also responsible for nearby Brickell House, Centro, and other Miami residential projects.
When will Lofty Brickell be completed?
Delivery is anticipated August 2027. Construction is underway.
How many residences are at Lofty Brickell?
362 residences across 44 stories — including studios, one-bedrooms, two-bedrooms, and Artefacto-curated penthouses.
What's included in each residence?
Fully finished and furnished by INC.NY (penthouses by Artefacto). Floor-to-ceiling sliding glass doors, sound-attenuating impact-resistant laminated glass, smart wiring, individually-controlled HVAC, premium INC.NY interior package. Riverfront views from select residences.
Is there a marina?
Yes — Lofty includes 400 linear feet of private Miami River marina with boat slip availability for residents.
