Delivery Approaching This Quarter
With its certificate of occupancy expected in Q1 2026, Viceroy Brickell is entering the final phase before buyer closings begin. The 45-story tower topped off in early 2025, and delivery is now anticipated within the next few weeks or months.
Read more: Viceroy Brickell Introduces 7% Leaseback Program for New BuyersAs the building prepares for handover, the developer has launched a 7% annual leaseback program designed to generate immediate income for buyers.
How the Leaseback Works
Under the program, buyers who opt in can lease their unit back to the building’s Viceroy-managed rental pool for a guaranteed 7% annual return over two years.
Example scenario:
- Unit purchase price: $900,000
- Annual return: 7% = $63,000/year
- Two-year total: $126,000
The building’s hospitality team manages bookings, maintenance, and guest services. Owners receive the guaranteed return regardless of actual rental performance.
Why Leaseback Programs Exist
Leaseback programs serve multiple purposes for both developers and buyers:
For developers:
- Establishes a consistent rental inventory at launch
- Supports the building’s hospitality operations from day one
- Can help close sales by offering income to hesitant buyers
For buyers:
- Provides immediate cash flow after closing
- Removes the burden of finding tenants or managing short-term rentals
- Defers the decision of whether to occupy, rent long-term, or sell
These programs are common in mixed-use buildings with hotel or branded residence components, where centralized management benefits both sides.
What Happens After Two Years?
Once the leaseback term ends, owners can choose to:
- Occupy the unit themselves
- Renew the rental arrangement (terms would be renegotiated)
- Lease independently through their own property manager
The guaranteed return provides a financial cushion while the building establishes its market presence and rental track record.
Pricing & Availability
Units at Viceroy Brickell start in the $600,000s for studios and one-bedrooms. The building offers 442 tower residences plus 56 street-level city flats with 13-foot ceilings and direct Brickell Avenue frontage.
The project is a collaboration between The Related Group and GTIS Partners, with architecture by Arquitectonica and interiors by Meyer Davis Studio. Viceroy Hotels & Resorts manages all hospitality operations.
Building Amenities
14th-Floor Resort Deck:
- Heated swimming pool with Biscayne Bay views
- Outdoor spa and poolside cabanas
- Full-service café and summer kitchen
- Bocce court and outdoor lounging areas
Fitness & Recreation:
- World-class fitness center with cardio theater
- Multi-sport simulator studio (golf, soccer, basketball, F1 racing)
- Sauna and custom treatment rooms
Social & Business:
- Resident club rooms with bar, billiards, and humidors
- Wine cellar and tasting room
- Private dining with on-site catering
- Screening room with premium AV
- Business center and conference room
Services:
- 24-hour concierge, valet, and security
- Complimentary beach club membership (Grand Bay Club, Key Biscayne)
- Viceroy culture concierge with local event access
- While-you’re-away services (pet care, plant care, home maintenance)
Additional Information
Sales Gallery:
444 Brickell Ave, Miami, FL 33131
Phone: 305.676.2040
Website: VICEROYBRICKELLRESIDENCES.COM
Developer: The Related Group & GTIS Partners
Architect: Arquitectonica
Interior Design: Meyer Davis Studio
Management: Viceroy Hotels & Resorts