The Residences at Mandarin Oriental, Miami, Converting $150 Million in Sales Amid Strong Market Demand
August 23, 2024The Residences at Mandarin Oriental, Miami, have successfully converted $150 million in sales contracts, drawing from nearly $1 billion in reservations. Luxury homes range from 2 to 5 bedrooms and feature prices exceeding $3,000 per square foot for some units. As the highly anticipated sales gallery opens this month, buyers now have the opportunity to convert their reservations into contracts immediately.
Despite Miami’s typically slow season and competitive residential market, The Residences at Mandarin Oriental, Miami, have demonstrated exceptional appeal and desirability. Located in a 66-story tower standing 850 feet tall at the southernmost tip of Brickell Key, the development includes 228 luxury residences designed by renowned architect Kohn Pedersen Fox (KPF) with interiors by acclaimed Parisian designer Tristan Auer. Residents will enjoy panoramic views of Biscayne Bay and Mandarin Oriental’s legendary service, accompanied by world-class amenities.
Since the 1970s, Swire has led long-term development efforts on Brickell Key, including the Residences and the new Mandarin Oriental Hotel. Both exemplify the brand’s signature design, service, and sophistication. Construction is set to begin in 2025, with occupancy expected in 2029.