When it comes to upscale, contemporary, high-rise residential areas, there’s nowhere quite like  Miami’s riverfront on Brickell Avenue in downtown Miami. LOFTY Brickell is the newest luxury condominium being developed there. And it’s the only waterfront condo in that area licensed for daily rentals. That means residents can live in their condo year-round or treat their condo like an investment by renting it out on any home-sharing platform, such as Airbnb or Vrbo.

LOFTY will be a 42-story tower, designed by the internationally acclaimed architecture firm, Arquitectonica. It will have 364 condo residences overlooking the Miami River, Brickell area and Miami skyline.

Amenities will include:

• Private marina and dockage
• Curated riverfront restaurant with outdoor dining terrace
• Two-story lobby with floor-to-ceiling windows
• Exotic resort pool with pool-side cabanas
• Cigar room overlooking the Miami River
• Speakeasy
• LOFTY Rooftop Experience: Infinity edge pool and lounge
• Fully equipped, state-of-the-art fitness center
• Spa with sauna, steam room, indoor plunge pool and treatment rooms
• Co-working lounge with private meeting rooms

Residents of LOFTY will also enjoy 24-hour welcome desk with concierge, 24-hour valet parking and 24-hour security.

The residences will be delivered fully finished, furnished and equipped. They’ll feature modern open-concept layouts and have spacious balconies. Kitchens will have imported European cabinetry, top-of-line Miele appliances and imported stone countertops.

LOFTY is located on Brickell, which is lined with high-rise office buildings and condos, as well as many banks and restaurants. It’s within walking distance of Brickell City Centre, a popular destination with over 150 shops, dining and entertainment venues. Residents will also find LOFTY to be convenient to everything Miami has to offer including the beaches.

The condo’s location is zoned for short-term rentals, and onsite management will be available to assist those who choose to rent out their units.

Construction is expected to get underway in early 2022 and should be complete by the end of 2024.

The condo residences come in a variety of floorplans. Choose from a studio, one-bedroom, one-bedroom with den, and two-bedroom units. They range from 485 to 930 square feet. Prices range from $459,000 to $1,350,000.