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Low-Rise, High-Roller: $11M Land Deal Sets Stage For South Brickell Boutique Condos

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Published on April 29, 2026
Low-Rise, High-Roller: $11M Land Deal Sets Stage For South Brickell Boutique CondosSource: Google Street View

Meta Development has quietly snapped up a compact site on Brickell Avenue and is moving ahead with plans for a low-rise, boutique condo building dubbed Colette Residences. The project is pitched as a tight, high-end collection of homes aimed at buyers who want privacy, design-forward finishes and a South Brickell address without the usual high-rise scene.

According to the South Florida Business Journal, the developer paid about $11 million for the property and publicly unveiled its plans for Colette on April 28, 2026. The outlet reports that the deal clears the way for a five-story, condo-focused building that targets the top tier of Brickell's already pricey market.

Design, Size and Pricing

The project's sales site, Colette Residences, describes a five-story building with 38 units at 1880 Brickell Ave, topped with a rooftop pool and outfitted with private elevator entries and curated amenity spaces. Floor plans run from two to four bedrooms, with pricing listed from around $3.3 million. Architecture duties fall to OSPA, according to Profile Miami.

Where This Fits in Brickell's Market

Brickell keeps pulling in sky-high branded towers while also catering to buyers who prefer low-density buildings and a more tucked-away feel. That split personality leaves room for boutique projects to fetch premium prices. Recent coverage of mega penthouses poised to smash Miami condo price records shows how far the top of the market has stretched, and broader data indicates Brickell listing prices remain elevated, per Realtor.com. In that context, paying up for a small but valuable slice of Brickell Avenue starts to look more like a calculated bet than a splurge.

Marketing materials for Colette list an expected completion window in summer 2028, and the sales team has already opened up informational materials to prospective buyers, according to the project's sales site. The next big checkpoints will be city approvals and permits, which will signal when this boutique concept is ready to move from rendering to reality.

Miami-Real Estate & Development