South Brickell’s Waterfront Renaissance: Una and the New Bayfront
Last Updated: March 2026
Why is south Brickell’s waterfront gaining attention?
South Brickell — the stretch of the neighborhood south of SE 15th Road toward Rickenbacker Causeway — has quietly become one of Miami’s most compelling waterfront addresses. While central Brickell concentrates around Brickell City Centre and the financial district, south Brickell offers direct Biscayne Bay frontage, lower density, proximity to Key Biscayne, and a more residential character. The area has attracted several ultra-luxury developments that capitalize on these natural advantages.
Una Residences exemplifies the south Brickell proposition: 461 feet of bay frontage, a private marina, Aman-inspired design, and the quiet of a waterfront setting just minutes from Brickell’s urban core. This is the best of both worlds — water and city access without compromise.
What luxury developments are on south Brickell’s waterfront?
Una Residences (OKO Group, 45 stories, ~$2M+) is the anchor, with its direct bayfront position and private marina. The existing waterfront inventory in south Brickell includes buildings like Jade at Brickell Bay, Bristol Tower, and Santa Maria, all offering older waterfront product at varying price points. New branded towers in central Brickell — St. Regis, 1428 Brickell, Cipriani — are within a short drive but lack direct waterfront positions.
The limited supply of waterfront parcels in south Brickell is the key investment thesis. Unlike central Brickell where new towers continue to rise on available lots, south Brickell’s bayfront is largely built out. New waterfront supply is essentially zero, which gives existing waterfront buildings like Una structural pricing support.
What are waterfront property prices in south Brickell in 2026?
New construction waterfront pricing in south Brickell starts at approximately $2 million for two-bedroom units at Una Residences, with per-square-foot pricing from $1,200 to $2,000+. Resale waterfront inventory at older buildings ranges from $600-$1,000 PSF depending on age, condition, and floor height. The gap between new and existing waterfront product creates opportunities at both ends.
For context, comparable waterfront new construction in Miami Beach trades at $2,000-$4,000+ PSF. In Coconut Grove, Four Seasons Coconut Grove exceeds $2,000 PSF. South Brickell waterfront at $1,200-$2,000 PSF represents strong relative value for buyers who prioritize water access.
Who is buying waterfront property in south Brickell?
The south Brickell waterfront buyer is typically an end-user or seasonal resident who prioritizes lifestyle over investment returns. Families who want water access, boaters who need marina proximity, and buyers from waterfront markets (Palm Beach, Northeast coast) who understand the premium that water frontage commands over time. The buyer is typically less interested in branded amenity programs and more interested in the fundamentals of view, light, and water access.
International buyers with waterfront lifestyles in their home countries — coastal Latin America, Caribbean, Mediterranean Europe — are also well-represented. They instinctively value waterfront real estate and understand its scarcity premium in any market.
What should buyers know about south Brickell waterfront?
The south Brickell waterfront is quieter and more residential than central Brickell. You’re a 5-10 minute drive or rideshare from the restaurants and shops of Brickell City Centre, but you don’t have the walk-out-your-door urban energy. For some buyers, that’s the appeal. For others who want the full urban immersion, a central Brickell address may be better despite lacking waterfront.
Also consider the long-term infrastructure. The Underline linear park, improved bike lanes, and potential transit connections are gradually enhancing south Brickell’s connectivity. As the area becomes better connected to central Brickell and downtown, the lifestyle trade-off diminishes while the waterfront premium remains. Contact me at 305-321-7655 to tour available waterfront inventory.
Speak with Adrian Sanchez
Contact WIRE Miami for current pricing, availability, and preferred access to Una Residences.
Call 305-321-7655