What are median sale prices per square foot in Brickell (ZIPs 33129, 33130, 33131)?

ZIP 33130: $488 on 28 sales; ZIP 33131: $538 on 13 sales. A median mixes property types and ages, so compare the building to similar recorded sales.

How many bank REO transfers appear in the sales data for Brickell (ZIPs 33129, 33130, 33131)?

ZIP 33129: 0, with 3 arm’s-length sales; ZIP 33130: 1, with 28 arm’s-length sales; ZIP 33131: 7, with 13 arm’s-length sales. The count shows what was recorded, not what is for sale today.

Who owns commercial property in Brickell (ZIPs 33129, 33130, 33131)?

ZIP 33129: 85.1% held by entities, 6.2% out-of-state owners; ZIP 33130: 79.8% held by entities, 14.4% out-of-state owners; ZIP 33131: 87.8% held by entities, 7.8% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.

How old are commercial buildings in Brickell (ZIPs 33129, 33130, 33131)?

Median year built: ZIP 33129: 1980; ZIP 33130: 2010; ZIP 33131: 1982. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

What is the average building area per parcel in Brickell (ZIPs 33129, 33130, 33131)?

43.6 million SF ÷ 3,410 parcels ≈ 12,795 SF. An average can hide a few very large buildings.

Hypothetical: a 13,000 SF building in Brickell priced at the ZIP 33130 median of $488 per SF. What is the price?

13,000 × $488 = $6.34 million. That is arithmetic on a median, not an appraisal or an opinion of value.

Same hypothetical 13,000 SF building, with an assumed 7.5% cap rate. What NOI would $6.34 million need?

$6.34 million × 7.5% = $475,800 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.

With $475,800 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?

$475,800 ÷ 1.25 = $380,640 a year. Lender terms vary, so treat 1.25 as an example.

ZIP 33131 has a median of $538 per SF and ZIP 33130 $488. What is the gap on a 13,000 SF building?

$50 × 13,000 = $650,000. ZIP medians can rest on few sales, so check what actually sold.

About how many industrial parcels are in Brickell (ZIPs 33129, 33130, 33131)?

ZIP 33129: 0.0% of 161 ≈ 0; ZIP 33130: 0.9% of 1,793 ≈ 16; ZIP 33131: 0.0% of 1,456 ≈ 0.

Financial District & High-Rise Core · Miami-Dade County

BrickellCommercial Real Estate Broker & Market Guide

Brickell is Miami's financial district: a dense corridor of office and residential towers along Brickell Avenue and the bay, home to most of the international banks and wealth managers in South Florida. It has become one of the most expensive office submarkets in the Southeast.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Brickell commercial real estate.

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By the numbers · data as of November 7, 2026

Brickell commercial real estate by the numbers

The 2026 final tax roll lists 3,410 commercial and industrial parcels with 43.6 million square feet of buildings in Brickell (ZIPs 33129, 33130, 33131), with 44 arm’s-length sales on the roll. Median sale prices run $488–$538 per square foot by ZIP.

Commercial and industrial parcels

3,410

2026 final tax roll

Building square feet

43.6M

2026 final tax roll

Arm’s-length sales

on the roll sales file, excluding hotels

Median $/SF by ZIP

$488–$538

ZIP medians, 5+ sales

ZIP	Parcels	Bldg SF	Sales	Median $/SF	Median year built	Out-of-state owners	Bank REO
33129	161	1.6M	3	—	1980	6.2%	0
33130	1,793	10.1M	28	$488	2010	14.4%	1
33131	1,456	32.0M	13	$538	1982	7.8%	7

For context, Miami-Dade County as a whole has a median of $373 per square foot on 1,278 sales. Year to date through September 2026, the county median is $378, +3.0% from a year earlier.

Miami-Dade County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

Miami-DadeCounty · details →
Active listings
17,010
down −7.9% YoY
Median days on market
87 days
Listings with price cuts
12.9%
Median listing $/SF
$458
Listing price, YoY
down −1.3%
Median listing price $589K
Market condition
Balanced
vs. Florida statewide^*
Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Miami-Dade County report

Study mode · 11 flash cards

Brickell Commercial Real Estate

11 cards from the numbers above. Worked examples are hypothetical.

This market in numbers 5Work the numbers 6

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All 11 flash cards as text

This market in numbers

How much commercial property is in Brickell (ZIPs 33129, 33130, 33131)?: The 2026 final tax roll lists 3,410 commercial and industrial parcels with 43.6 million square feet of buildings.
What are median sale prices per square foot in Brickell (ZIPs 33129, 33130, 33131)?: ZIP 33130: $488 on 28 sales; ZIP 33131: $538 on 13 sales. A median mixes property types and ages, so compare the building to similar recorded sales.
How many bank REO transfers appear in the sales data for Brickell (ZIPs 33129, 33130, 33131)?: ZIP 33129: 0, with 3 arm’s-length sales; ZIP 33130: 1, with 28 arm’s-length sales; ZIP 33131: 7, with 13 arm’s-length sales. The count shows what was recorded, not what is for sale today.
Who owns commercial property in Brickell (ZIPs 33129, 33130, 33131)?: ZIP 33129: 85.1% held by entities, 6.2% out-of-state owners; ZIP 33130: 79.8% held by entities, 14.4% out-of-state owners; ZIP 33131: 87.8% held by entities, 7.8% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.
How old are commercial buildings in Brickell (ZIPs 33129, 33130, 33131)?: Median year built: ZIP 33129: 1980; ZIP 33130: 2010; ZIP 33131: 1982. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

Work the numbers

What is the average building area per parcel in Brickell (ZIPs 33129, 33130, 33131)?: 43.6 million SF ÷ 3,410 parcels ≈ 12,795 SF. An average can hide a few very large buildings.
Hypothetical: a 13,000 SF building in Brickell priced at the ZIP 33130 median of $488 per SF. What is the price?: 13,000 × $488 = $6.34 million. That is arithmetic on a median, not an appraisal or an opinion of value.
Same hypothetical 13,000 SF building, with an assumed 7.5% cap rate. What NOI would $6.34 million need?: $6.34 million × 7.5% = $475,800 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.
With $475,800 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?: $475,800 ÷ 1.25 = $380,640 a year. Lender terms vary, so treat 1.25 as an example.
ZIP 33131 has a median of $538 per SF and ZIP 33130 $488. What is the gap on a 13,000 SF building?: $50 × 13,000 = $650,000. ZIP medians can rest on few sales, so check what actually sold.
About how many industrial parcels are in Brickell (ZIPs 33129, 33130, 33131)?: ZIP 33129: 0.0% of 161 ≈ 0; ZIP 33130: 0.9% of 1,793 ≈ 16; ZIP 33131: 0.0% of 1,456 ≈ 0.

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Live market data · refreshed as each source publishes

Brickell: key facts for September 2026

In September 2026, the median listing price in Miami-Dade County was $589K, down 1.3% from a year earlier, with 17,010 homes for sale (Realtor.com).
FHFA’s house price index for Miami-Dade County rose 2.8% in 2025.
Investors took out 19.8% of home-purchase mortgages in Miami-Dade County in 2025 (HMDA; cash purchases not included).
Miami-Dade County had 1,276,535 jobs (2025 annual average), up 1.5% from the prior year (BLS QCEW).
The unemployment rate was 1.9% in September 2026 (BLS, not seasonally adjusted).
Permits were issued for 8,775 housing units in January–September 2026, down 19.9% from the same months a year earlier (U.S. Census Bureau).

Open the Miami-Dade County market report →Miami-Dade County data & trends Explore on the Market Map

ZIP code snapshot for Brickell

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIP	Area	Median list price	vs. last year	Homes for sale	HUD 2BR rent	Investor share*
33129	Miami	$1.20M	+39.4%	219	$3,220/mo	22.9%	Report →
33130	Miami	$617K	−5.8%	546	$2,780/mo	37.2%	Report →
33131	Miami	$771K	−2.7%	852	$3,850/mo	36.2%	Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

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Brickell: Market Overview

Brickell grew from a banking corridor into a full live-work district. Office towers sit beside thousands of high-rise condominium and rental units, with Brickell City Centre and Mary Brickell Village anchoring retail and dining.

Corporate and financial-firm relocations to South Florida have favored Brickell, pushing top-tier office rents well above the rest of the county. Older Class B towers trade differently from the new trophy buildings, which is where most of the pricing gap shows up.

Metrorail and Metromover connect Brickell to Downtown, and the Rickenbacker Causeway links it to Key Biscayne. Little land remains, so new supply comes mostly from redeveloping older low-rise sites.

Economic Drivers

Banking & Wealth Management

International banks, family offices and investment firms concentrated on Brickell Avenue

Corporate Relocations

Finance and technology firms moving regional or national offices to Miami

Brickell City Centre

Mixed-use retail, office and hotel anchor

High-Rise Residential

Dense condo and rental base supports street retail and services

Transit

Metrorail, Metromover and quick access to I-95 and the airport

Asset Class Activity in Brickell

Asset Class	Activity	Market Commentary
Office	Hot	Trophy towers lease at a premium; older Class B buildings are the value-add play
Multifamily	Strong	High-rise rentals; watch concessions as new towers deliver
Retail	Strong	Ground-floor dining and services follow the residential density
Hospitality	Strong	Business travel and leisure overflow from Downtown and Miami Beach

Why Invest in Brickell?

Brickell offers the deepest office and high-rise market in Florida and buyers from around the world. The opportunities for value buyers are in older office and residential buildings facing capital needs or loan maturities.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Brickell?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Brickell and the broader Miami-Dade County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Brickell.

How do I contact a commercial real estate broker in Brickell?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Brickell commercial real estate consultation. Linton Global Solutions serves Brickell across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

What makes Brickell different from Downtown Miami?

Brickell is the financial district, with the newest office towers and the highest office rents. Downtown has more government, courts and older office stock, plus the arena and cultural venues.

Is Brickell office space in demand?

New trophy space has led the Miami office market on corporate relocations. Older Class B towers compete on price and face more vacancy.

Where do distressed and REO commercial properties show up in Brickell?

Mostly in older office and condominium buildings that need capital, and occasionally in retail condos. They usually reach the market through lender dispositions, note sales and foreclosure auctions run by the Miami-Dade Clerk, and many trade before they are ever listed.

Who can help with Brickell commercial real estate?

Michael R. Linton, Florida Broker #BK703722, and Linton Global Solutions advise on Brickell acquisitions, dispositions, financing and bank-owned (REO) and distressed commercial property. Our Miami-Dade numbers come from LGData, our database of Florida Department of Revenue tax-roll records.