Lofty Brickell

About Lofty Brickell

Lofty Brickell is a 43-story residential tower at 99 SW 7th St in Brickell, Miami. Developed by Newgard Development Group, this building occupies an interesting niche: it is one of the few new-construction Brickell projects that offers studios and one-bedrooms at price points that do not require a $2M+ commitment. In a neighborhood increasingly dominated by ultra-luxury supertalls, Lofty Brickell provides an entry point for younger buyers, first-time investors, and renters looking for a modern building without the extreme premium.

That said, "affordable" is relative in Brickell. This is still new construction in one of Miami's most desirable neighborhoods, so expect prices to reflect that. But compared to Mercedes-Benz Places, 1428 Brickell, or 888 Brickell, the barrier to entry here is significantly lower. The building's 43-story height also means it is not competing for the supertall crown — it is a well-scaled mid-rise by Brickell standards, which can actually mean fewer construction delays and earlier occupancy.

Quick Facts

Location & Lifestyle

99 SW 7th St puts you on the western side of Brickell, near the intersection with SW 1st Ave. This is a transitional area — you are a few blocks from the polished Brickell Avenue corridor but closer to the emerging Miami River dining scene. Brickell City Centre is walkable (about 10 minutes), and the Metromover Eighth Street station provides free transit access throughout downtown and Brickell. The Underline is nearby for outdoor activity. Grocery options include a Publix at Mary Brickell Village. The location is not as premium as being directly on Brickell Avenue, but the trade-off is reflected in pricing — and the neighborhood is gentrifying quickly in this direction.

Residences & Floor Plans

Lofty Brickell offers studios, one-bedrooms, and two-bedrooms. Unit sizes are compact by the standards of neighboring supertalls but practical for urban living. Expect modern finishes — porcelain floors, quartz countertops, European-style cabinetry, and floor-to-ceiling windows. The "lofty" name suggests above-average ceiling heights, which make smaller units feel substantially more livable. Balconies are included in most layouts. Views from upper floors will include the Brickell skyline, river, and partial bay views depending on orientation. Studios and one-bedrooms make up the majority of inventory, which makes sense for the target demographic.

Amenities

The amenity package is designed for an active, social resident base: rooftop pool with skyline views, co-working spaces, a fitness center, and lounge areas. There are also pet-friendly features and a ground-level retail component. The amenities are not as extensive as a Mandarin Oriental or Mercedes-Benz branded tower, but they cover the essentials well and are calibrated for the building's population — younger professionals and couples who want functional shared spaces rather than ornamental ones. Parking is available but may be limited given the building's density.

For Buyers

Lofty Brickell is one of the most accessible new-construction entry points in Brickell. Key considerations: (1) studios and one-bedrooms in Brickell have strong rental demand, making this a viable investment property — check rental comps at brokerone.io; (2) at 43 stories, the building is faster to construct than 70-80 story supertalls, which can mean less delivery risk; (3) HOA fees should be lower than luxury towers given the simpler amenity package — confirm exact figures before buying; (4) resale liquidity for sub-$1M units in Brickell is generally strong, as the buyer pool is much larger at this price point. The main risk is competition — Brickell has a lot of new inventory coming online between 2026-2029, which could put downward pressure on prices for non-luxury units.

For Renters

This is one of the better rental options for people who want new construction in Brickell without spending $5,000+/month. Expect studios in the $2,200–$3,000/month range and one-bedrooms at $2,800–$4,000. Two-bedrooms will likely land at $3,800–$5,500. These are estimates based on current Brickell rental trends for new buildings. The building's unit mix (heavy on studios and one-bedrooms) means more rental inventory will be available compared to low-unit-count luxury towers. Lease terms are typically 12 months. The location is walkable to most Brickell essentials, and the Metromover provides free transit — which means you can potentially live here without a car, a genuine advantage in a city where parking costs add up.