The Curbed Cup, our annual award for Miami’s neighborhood of the year, features 16 neighborhoods vying for the prestigious (fake) trophy. Polls for each matchup are open for 24 hours. The Final Four begins now!
Only one matchup remains in the Final Four after No. 1 Wynwood got upset by No. 5 Downtown.
(3) Brickell
Brickell City Centre got up and running this year with an Italian food hall set to open shortly. A new development comprised of five single family homes is under construction and according to a report from EWM’s David Siddons Group, there continues to be a massive oversupply of condos (over seven years of inventory in the $750K-$1M range), and “there is still room for the market to drop further.”
Brickell made it to the Final Four last year before falling to eventual champ Wynwood by a narrow four-point margin.
(2) South Beach
Miami’s party capital is still searching for its first crown.
This year brought another magnificent penthouse listing, a condo for sale owned by the late Zaha Hadid, several residential developments in the works, and the announcement of a couple of new market dining concepts in The Lincoln Eatery and Timeout Market. Meanwhile, South Beach’s defense against flooding continues as the city’s pump system gets fully integrated.
South Beach’s condo market is overpriced, per the David Siddons Group report, which states the “market is unbalanced at the moment and prices will need to come down.”