Axis on Brickell

What is actually here — two condominiums

Axis on Brickell is two towers, and the county holds them as two entirely separate condominiums with two separate declarations. Most of what is published about this address describes only one of them.

Seven hundred and eighteen homes across the two. Each declaration’s common-element shares close within half a percent of 100% once a single county decimal-point error is normalised in each — the roll carries one misplaced decimal per tower, which the record itself makes obvious because the share per square foot is otherwise near constant. Both pulls are whole.

The composition is close to identical. The south tower is 234 two-bedrooms, 112 one-bedrooms and six three-bedrooms. The north is 241 two-bedrooms, 116 one-bedrooms, eight three-bedrooms and one studio. Both are overwhelmingly two-bedroom buildings, which is unusual on this stretch of Brickell and is the single most useful thing to know about them.

Six floorplates cover 262 of the south tower’s 352 homes and 234 of the north tower’s 366, and several of those plates — 1,106, 1,108, 707, 693 — appear in both buildings. Only 14 homes in the whole complex are three-bedrooms.

The 2026 assessed values run $170,600 to $905,883 in the south (median $432,470) and $195,855 to $1,084,560 in the north (median $392,586).

The price record, tower by tower

Qualified, arm’s-length sales from the county record, retrieved 22 August 2026. South tower — 79 SW 12th Street:

North tower — 1111 SW 1st Avenue:

Both towers rose through 2024, held in 2025 and are weaker in 2026 — down 7.3% and 7.0% per square foot respectively across the four years. The four-year bands are $441 to $686 in the south (median $587) and $479 to $777 in the north (median $588). Fifty-six qualified sales in the south and 49 in the north, across four years, works out at about one home in twenty-five and one in thirty each year.

With eleven to twenty sales a year per tower, I would treat the 2026 softness as a direction and not a magnitude. Seven sales and five sales are small samples, and the drop to $542 and $543 is consistent both with a genuine repricing and with which apartments happened to sell.

Now the disclosure, because it is the largest number in the record and it is not real. The county holds a $3,300,000 deed dated 14 February 2018 on unit 2617-N, a 1,106 square foot home in the north tower — $2,984 per square foot, in a building whose four-year band tops out at $777 and whose highest genuine sale is less than half that total. The county flags it as qualified. The same folio carries a second deed on the same day for $365,000, which is consistent with the $362,900 that home sold for in July 2012 and with everything else in the building. I have excluded the $3,300,000 from every figure on this page and I am telling you it exists because a buyer’s agent pulling the same record will find it and may not look at the second deed.

The real records are $1,400,000 in the north tower (unit 3719-N, 1,801 square feet, 5 November 2025, $777 per square foot) and $1,075,000 in the south (unit 3506-S, 1,813 square feet, 27 January 2022, $593 per square foot).

Two towers that really are the same building

Where most twin-tower developments turn out to have two different price histories, Axis is the rare case where the two towers genuinely behave alike — and it is worth showing, because it means a comparable from one tower is a fair comparable for the other.

The complex also did not sell out at delivery, and that is the fact most worth knowing. The first qualified sales were in 2008 — 90 in the south at a median of $360,370 and $368 per square foot, 81 in the north at $354,900 and $380. Then the market stopped. Sixty-seven more sold in the south in 2011 at $245,900 and $318 per square foot, and 57 in the north at $257,900 and $303. The largest single year in either tower was 2012, four years after the first sales — 116 homes in the south and 159 in the north, at $324 and $318 per square foot.

So this building has three distinct entry cohorts, and they entered at prices roughly 15% apart, with the 2008 buyers highest. That is the opposite of a clean sell-out and it means the resale record here is not one experiment but three.

Across all of them, the exit year dominates. In the south tower, 26 of the 97 owners who sold before 2021 lost money — 26.8%, at a median of +12.9%. Of the 127 who sold in 2021 or later, four lost — 3.1%, at a median of +47.5%. In the north the same split runs 29.5% before 2021 against 8.1% after, with the median rising from +10.6% to +54.0%.

• The best clean result: a 1,801 square foot home bought for $496,843 in June 2012 and sold for $1,400,000 in November 2025 — up 181.8% over 13.4 years.
• A 1,108 square foot home bought for $305,710 in June 2012 sold for $685,000 in March 2024 — up 124.1%.
• The worst is a 694 square foot home bought for $272,900 in June 2008 and sold for $150,000 in April 2010 — down 45.0% in under two years.

These are gross figures, before commissions, taxes, assessments and carrying costs over a decade. And the county record shows transactions and not reasons, so none of this establishes why the towers behaved as they did — only that they behaved almost identically.

Who this building suits, and who it suits badly

It suits a two-bedroom buyer, and almost nobody else. Four hundred and seventy-five of the 718 homes are two-bedrooms. If that is what you want, you have the deepest two-bedroom market in this part of Brickell and roughly a hundred sales in the last four years to price against.

It suits a three-bedroom buyer very badly. There are fourteen three-bedroom homes in the entire complex — six in the south tower and eight in the north. At one home in twenty-five trading each year, you could wait a very long time.

It suits a buyer who wants comparables they can trust. The two towers trade within a dollar of each other per square foot and share several floorplates, so the effective comparable pool is 718 homes rather than 350. That is a real advantage when it comes to pricing, and it is unusual.

It does not support an appreciation case right now. Both towers are down over four years and 2026 is the weakest year in the record for both. What the long record supports is that the 2011 and 2012 entrants have done well and the 2008 entrants have not — which is a statement about when they bought, not about the building.

And if you are selling here: your comparable set spans both towers whether you like it or not, so a weak sale at the other address will be used against you. Two things to have ready: the 2026 medians of $542 and $543 per square foot are the lowest four-year readings in the record, and the $3,300,000 deed on unit 2617-N will surface in any thorough record pull. Know what it is before someone else explains it to you.

Interested in selling at Axis on Brickell?

Learn more about selling your condo at Axis on Brickell with Josh Stein.

I'M READY