Mandarin Oriental Brickell Key Location & Neighborhood
500 Brickell Key Drive, Miami, FL 33131
The Neighborhood
What's within reach.
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Biscayne Bay frontage Direct waterfront (island position)0.05 mi
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Brickell financial district Across bridge0.5 mi
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Brickell City Centre Short drive1.0 mi
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Miami River Short drive1.0 mi
Life at Mandarin Oriental Brickell Key
Brickell Key — a 44-acre man-made island built in 1943 just off Brickell's coast — has long been Miami's most exclusive residential address. The new Mandarin Oriental Residences completes Swire's four-decade transformation of the island.
Last Development Site on Brickell Key
Mandarin Oriental Residences sits on the absolute last available development site on Brickell Key. No future construction will block its views — protected views, protected value. Generational scarcity asset.
57% Sold + $1.2B Committed Pre-Construction
More than half of residences placed under contract before groundbreaking — $1.2 billion in commitments, an unprecedented pace for South Florida's luxury market.
$49.9M Penthouse Sales (Miami Records)
Two penthouses sold at $49.9M each at the top of the 66-story tower — 8,000 sq ft apiece, two half-floors each. Miami's highest-priced off-beach condo sales. Main PH listed at $100M.
Swire's 40+ Year Stewardship
Swire Properties has owned and developed Brickell Key since the 1970s — meaning land economics far more attractive than today's waterfront values, allowing premium quality at competitive pricing ($2,500-$2,600/sq ft average).
Hotel + Residences Combination
Two-building program: 66-story 800-ft Mandarin Oriental-branded condo with 222 units, plus smaller building with 151-room Mandarin Oriental hotel, 28 hotel residences, and 61 private residences.
Mandarin Oriental Brickell Key Investment & Market Outlook
Why Brickell Key Pre-Construction Outperforms
South Florida pre-construction has historically delivered double-digit appreciation between contract and delivery, especially in branded residences. Brickell Key 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 Mandarin Oriental Brickell Key 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 Key pre-construction deposit structures range from 20% at contract to 50% by delivery, with milestone payments at groundbreaking, top-off, and certificate of occupancy. Mandarin Oriental Brickell Key follows the Brickell Key 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 Mandarin Oriental Brickell Key
Pre-construction purchases follow a different path than resale transactions. Here's what to expect, step by step.
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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.
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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.
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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.
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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.
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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.
Mandarin Oriental Brickell Key FAQs
Answers to the most common questions about Mandarin Oriental Brickell Key pricing, amenities, and policies. For anything else, our team is here to help.
How much do Mandarin Oriental Brickell Key residences cost?
Mandarin Oriental Brickell Key pricing starts at $4.5M for two-bedrooms with average $2,500-$2,600/sq ft. 3-bedrooms from $7M, 4-bedrooms from $10M, half-floor 5-bedroom residences from $20M. The two penthouses sold at $49.9 million each. Main duplex penthouse listed at $100 million.
What is special about the location?
Mandarin Oriental Residences sits on the last available development site on Brickell Key — a 44-acre man-made island off Brickell's coast. No future construction can rise to block views, making this a generational scarcity asset with protected views and protected value. Swire Properties has owned and developed Brickell Key since the 1970s.
Who is developing Mandarin Oriental Brickell Key?
Swire Properties — the Hong Kong-based real estate firm that has owned and developed Brickell Key since the 1970s. This represents the final phase of Swire's four-decade-long development of the island. Total project cost is $1 billion+.
Is the previous Mandarin Oriental hotel still operating?
No — the previous 18-story Mandarin Oriental Miami hotel (opened November 2000) closed May 31, 2025 in preparation for redevelopment, and was demolished April 12, 2026. The new hotel and residences are planned to open in 2030.
When will Mandarin Oriental Brickell Key open?
The new hotel and residences are planned to open in 2030.
How many residences total?
311 total residences: 222 units in the main 66-story Mandarin Oriental-branded condo tower (including duplex penthouses), plus 28 hotel residences and 61 private residences in the smaller hotel building. Plus the 151-room Mandarin Oriental hotel.
How tall will the tower be?
The main Mandarin Oriental-branded condo tower will rise 66 stories to 800 feet — among Miami's most iconic residential profiles, on the southernmost point of Brickell Key.
Is the $100M penthouse confirmed?
The main duplex penthouse atop the 66-story tower is listed at $100 million. Two adjacent penthouses (each taking up two half-floors, 8,000 sq ft apiece) have already sold at $49.9 million each — currently Miami's highest off-beach condo sales.
