Viceroy Brickell Residences Delivered: 229 Closings and Counting

Viceroy Brickell, The Residences, the 45-story, 420-unit condo tower at 77 SE 5th Street where Brickell Avenue meets the Miami River, is finished and closing. Miami-Dade deed records show the first developer sales on March 11, 2026, and by October 7 Own.Miami's data counts 229 of them, at a median price of $904,900. It is the Viceroy brand's first residential tower without a hotel attached.

A branded tower with no hotel

Related Group and GTIS Partners launched sales in April 2024 with Viceroy Hotels & Resorts as the brand partner. Arquitectonica designed the tower and Meyer Davis the interiors, as reported by PROFILEmiami at launch and by Florida YIMBY at completion in May 2026.

The unit mix leans small, which shapes who buys here:

• 420 residences from studios to two-bedroom homes, 485 to 1,286 square feet
• 56 "city flats" in the podium fronting SE 5th Street and two full penthouse levels
• about 37,000 square feet of amenities run by Viceroy's hospitality team, including a 14th-floor pool deck
• a private marina on the river and membership privileges at the Grand Bay Club in Key Biscayne

For a buyer, the brand shows up as staffed amenities paid for through association fees. Before signing, read the declaration and rules for leasing limits and the amenity budget, since both decide what owning a studio here costs and earns.

What the closings show

From Miami-Dade deeds in Own.Miami's database, developer closings came in two waves: 128 in March and April 2026, then a slower 101 from May to early October. The median developer sale is $904,900.

Resale has started too. As of October 13, 2026, Viceroy Residences Brickell has 23 listings on the MLS at a median ask of $999,000, or $1,239 per square foot, but no resale has closed through the MLS yet. Lenders are active: Own.Miami's Financeability Index rates the building 63 out of 100 ("good"), with 87 regulated-lender loans recorded in the last 12 months and down payments as low as 17.2%.

The older towers next door

Two 2000s-era towers sit beside it at the mouth of the river, and they sell for far less per foot:

• 500 Brickell East (2008, 320 units) closed 11 MLS sales in the last 12 months at a median of $580,000, or $516 per square foot.
• Brickell on the River North (2006, 384 units) closed 13 at a median of $540,000, or $514 per square foot.

That gap, more than double per square foot between a new branded tower's asks and its older neighbors' closings, is the price of newness, amenities and the Viceroy name. It is also the spread a Viceroy reseller has to defend.

The Brickell backdrop

The Brickell market report counts 1,133 condos for sale against 747 closings in the last 12 months, about 18 months of supply, with a median sale of $608 per square foot as of October 13, 2026. Own.Miami treats more than nine months of supply as a buyer's market.