Elegance and luxury has come to the heart of Brickell in the form of SLS Hotel and Residences. Located on South Miami Avenue in the 1300 block, SLS Miami Condos is a mixed-use property that will ultimately feature approximately 130 hotel rooms and 450 condos and residences. It is set to open in 2015.

About SLS Brickell

This $300 million project is a joint-venture between the Miami developer The Related Group and the hospitality company SBE. The development will feature 51 floors, with retail establishments on the ground level including four restaurants. Hotel rooms will be located on the first through the ninth floors, and residential units will comprise the 10th through the 51st floors. There will be eleven residential units per floor ranging in size from 700 square feet to 1500 square feet. One, two, and three bedroom units are available and reservations are currently underway. Penthouses are also available.

The location of the SLS Brickell Miami Condos is 1300 S. Miami Avenue, Miami, FL 33130. Estimated occupancy will be by 2016. The SLS Brickell is designed by the world-renowned Philippe Starck and Artquitectonica. It is not a condo-hotel. These are the first residences carrying the SLS name, and the second SLS hotel in Miami-Dade. There are other SLS hotels in Beverly Hills, Las Vegas, New York and Seattle.

Community Features

The residential units at SLS Brickell will feature all the luxury amenities that SLS properties are known for, including:

  • State of the art gym
  • Party room
  • Screening room
  • Private spa
  • 200 foot long pool
  • Hyde Lounge
  • Hotel amenities available to condo owners
  • 3000 square foot Business Center with private meeting rooms
  • Rooftop exclusive pool and lounge area only for residents
  • Floor to ceiling windows
  • Top of the line appliances
  • Valet parking
  • Concierge services
  • Additional pool on the 52nd floor for residents
  • Cielo Spa
  • Beach Clubs
  • S Bar
  • Katsuya by Stark restaurant
  • Bazaar by Jose Andres restaurant
  • Restaurant by Michael Schwartz of Michael Genuine
  • 8000 square foot ballroom
  • One assigned parking space per unit

Buying at SLS Brickell

Prices for SLS Brickell condos will begin at $275,000. Estimated price range of units is $420 per square foot for the lower floors and approximately $500 per square foot for the mid floors. The deposit structure for reservations is as follows:

  • 10% at Reservation – soon
  • 10% at Contract – estimate 3 months after reservation period
  • 10% at Ground Breaking – estimate 3 months from contract
  • 10% at 25th floor – 10 months after ground breaking
  • 10% at top off – 8 months after previous payment
  • 50% at Closing

Suggested minimum amounts to have ready for day one are:

  • $30,000 for one bedroom
  • $40,000 for two bedroom
  • $50,000 for three bedroom
  • $100,000 for penthouse units

Interested to invest on Miami New Construction Condos in Downtown Miami? You may also want to check out Icon Bay Miami, Call Allan Kleer @ 305-767-7607 for more info.