Baccarat Residences Brickell: Is There Still Time to Get Into Miami's Most In-Demand Tower?

Here's a stat that tells you everything about the Miami market right now: Baccarat Residences in Brickell is 95% pre-sold, and construction hasn't even topped off yet. That's 334 out of 352 units spoken for before the building is finished.

The question I keep getting from clients — business owners, professionals, investors — is simple: "Carlos, is there anything left?"

The short answer: barely. But what's left is worth paying attention to.

What Makes Baccarat Different From Every Other Brickell Tower

Brickell has no shortage of luxury condos. So why did Baccarat sell out faster than almost any project in Miami's history?

Three reasons:

The brand. Baccarat is a 260-year-old French crystal house. This isn't a developer slapping a logo on a building — it's a genuine partnership where the brand's DNA shapes every design detail, from the crystal chandeliers in the lobby to the curated art collection in the common areas. For business owners who entertain clients or host their teams, the Baccarat address communicates something that no business card can.

The developer. Related Group is arguably South Florida's most respected developer. They've delivered billions of dollars worth of projects on time and on budget. When Related builds, buyers trust the execution. GTIS Partners brings institutional-grade capital backing. This isn't a speculative project from an unknown developer.

The location. Baccarat sits in the heart of Brickell's financial district, walking distance to Brickell City Centre, Mary Brickell Village, and the Metromover. If you own a business in downtown Miami or Brickell, your commute is an elevator ride and a five-minute walk.

The Numbers

Construction has reached the 40th floor as of spring 2026, with the 75-story tower rising fast. Here's where pricing stands:

Price per square foot: $1,200-$2,500+ depending on floor and exposure. Two-bedroom units started in the low $1M range — most are now sold. Three-bedrooms and above are available starting around $2.5M. Penthouse collection from $8M+.

For investors: early buyers who locked in pricing 18 months ago are sitting on 20-30% paper gains. A two-bedroom purchased at $1.1M in early 2025 would likely trade today at $1.35-$1.4M based on comparable recent transactions in the building.

What a Baccarat Unit Means for a Business Owner

I work with a lot of Miami entrepreneurs, and here's how the smartest ones think about a branded residence like Baccarat:

It's a business asset disguised as a home. Entertain clients in a building with a Michelin-starred private restaurant. Host your leadership team for a retreat at the 75th-floor lounge with 360-degree views. Hold meetings in the private dining rooms. The lifestyle amenities double as business infrastructure.

It's a tax-efficient investment. Depreciation on a $2M condo generates significant paper losses that offset business income. Combined with Florida's zero state income tax, the effective cost of ownership drops substantially.

It's a liquidity play. Branded residences resell at 30-35% premiums over comparable non-branded buildings. When it's time to exit, the Baccarat name creates a built-in buyer pool that extends globally — European buyers, Middle Eastern investors, Latin American families all recognize the brand.

What's Still Available

With 5% remaining, options are limited. The available inventory consists primarily of:

- Larger three-bedroom and above configurations on upper floors

- Select premium corner units with dual bay and city exposures

- Penthouse-level residences for buyers who want the absolute best

The developer hasn't published a formal sellout date, but at current velocity, remaining units will be gone within weeks.

How to Get Access

Baccarat doesn't list remaining inventory publicly. The last units are allocated through broker relationships with the Related Group sales team. I maintain a direct line to their team and can provide current availability, updated floor plans, and arrange a private sales gallery visit.

If Baccarat has been on your radar, the window is closing. Let's see what's left before it's gone.