December sales here indicate the housing market adjustment has … – Islander

Fifteen residential properties, 14 in Brickel, were recorded as sold during the period of Decemer 5-9. Each property on this list was sold for under the asking price, meaning that Key Biscayne and Brickell are solidly ensconced in the housing market correction happening across the US. However, housing peaked during the pandemic, driving up home values, so even if you were to sell your home today, you’d likely still be able to recoup a nice profit despite prices dropping a bit.

Key Biscayne


1 bed/1.5 bath/895 square feet

199 Ocean Lane Drive, Apt. 602, Key Biscayne, FL 33149

1974 one-bedroom unit was listed in August for $869,000.



2 bed/2.5 bath/1,265 square feet

68 SE Sixth St., Apt. 711, Miami, FL 33131

Corner unit at Reach within the Brickell City Centre featuring a wraparound balcony and luxurious finishes. This property was listed in June for $940,000.


1 bed/1 bath/704 square feet

950 Brickell Bay Drive, Apt. 300, Miami, FL 33131

Brickell Plaza one-bedroom with wood flooring was listed in June for $450,000.


2 bed/2 bath/1,369 square feet

999 SW First Ave., Apt 2206, Miami, FL 33130

Brian Rokicki with Compass represented both the seller and buyer of this luxurious two-bedroom within the Nine residences featuring a 1-acre amenity deck. This property was listed in September for $785,000.


1 bed/1.5 bath/710 square feet

31 SE Sixth St., Apt. 2506, Miami, FL 33131

Both the buyer and seller were represented by agents with 477 International Realty. This one-bedroom was listed in September for $410,000.


2 bed/2 bath/1,523 square feet

1425 Brickell Ave., Apt. 63A, Miami, FL 33131

This Four Seasons Brickell two-bedroom with direct views of Biscayne Bay was listed in April for $2 million.


1 bed/1.5 bath/1,058 square feet

41 SE Fifth St., Apt. 312, Miami, FL 33131

Brickell on the River loft was listed in May for $435,000.


2 bed/2 bath/1,188 square feet

2451 Brickell Ave., Apt. 21E, Miami, FL 33129

This 1963 built, two-bedroom

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