Building facts
- Address
- 444 Brickell Avenue
- Neighborhood
- Brickell
- Year built
- 2026
- Floors
- 77
- Residences
- 360
- Status
- Pre-Construction
- Developer
- Related Group
- Architect
- Arquitectonica
- Pricing
- Starting at $1.6 Million
Baccarat Residences Miami passed the 40th floor in March 2026 and is climbing toward 75. A 360-residence tower of roughly 835 feet on the Miami River at the edge of Brickell, by Related Group and GTIS Partners, with Arquitectonica as architect and Meyer Davis on interiors.
It is financed — a $328 million construction loan from Bank OZK closed in March 2024 — and it is genuinely rising, which puts it in the healthier half of the Miami pipeline. Delivery is early 2028. Every figure below is dated and sourced.
Baccarat Residences Miami — Building Facts
- Address
- 99 SE 5th Street, Miami, FL 33131 — marketed as 444 Brickell Avenue
- Position
- Miami River, at the northern edge of Brickell
- Developers
- Related Group · GTIS Partners
- Architect
- Arquitectonica
- Interior Design
- Meyer Davis
- Landscape
- Enzo Enea
- General Contractor
- John Moriarty & Associates
- Property Management
- SH Hotels & Resorts
- Storeys / Height
- 75 · approximately 835 ft
- Residences
- 360 — 324 tower units, 8 penthouses, 28 riverfront flats and duplexes
- Construction Loan
- $328M · Bank OZK, March 2024
- Status
- Under construction — 40th floor as of 13 March 2026, 39th slab still pouring
- Topping Out
- Expected later in 2026
- Est. Completion
- Early 2028
- Units Sold
- Not disclosed in the most recent construction reporting
Verified 5 August 2026 against The Real Deal and Commercial Observer (March 2024 construction loan) and Florida YIMBY (13 March 2026 construction report). Percentage sold and current pricing are not published in the most recent primary sources located.
What Is Actually Being Built
A 75-storey tower of roughly 835 feet holding 360 residences. The mix is more interesting than a single number suggests: 324 tower units, 8 penthouses, and 28 riverfront flats and duplexes at the base. That last group is the unusual part — low-rise waterfront product inside a supertall-adjacent project.
The developers are Related Group and GTIS Partners. Arquitectonica is architect, Meyer Davis handled interiors, Enzo Enea the landscape, and John Moriarty & Associates is general contractor. SH Hotels & Resorts will run property management — worth noting, because hotel-grade management inside a condominium is a recurring operating cost, not a one-off.
On the address. The building is marketed as 444 Brickell Avenue, which is the name buyers know it by. The construction address of record is 99 SE 5th Street. If you are pulling permits or title yourself, use the latter.
Where Construction Stands
In March 2024 Related and GTIS closed a $328 million construction loan from Bank OZK. That is the single most important fact on this page, and it is the one that separates Baccarat from a large share of the Miami pipeline.
As of 13 March 2026, Florida YIMBY photographed the tower at the 40th floor, with the 39th-floor slab still being poured. Topping out is expected later in 2026, and delivery is stated as early 2028.
For context: on the Miami Pre-Construction Delivery Tracker, 14 of 38 towers have no construction loan reported at all. Baccarat has one, closed two years ago, and is more than halfway up. That is a materially different risk profile from a project still selling off a rendering.
What is not published: the current percentage sold. Florida YIMBY’s March 2026 construction report does not disclose it, and I have not found a more recent absorption figure. Ask for it directly.
The Baccarat Brand Question
Baccarat is a 260-year-old French crystal house, and the residential brand arrives here by licence rather than ownership. As with every branded residence in this market — Frida Kahlo, Four Seasons, Delano — the licence term, the fee structure and the termination provisions have not been published.
That fee sits inside the association budget alongside the SH Hotels & Resorts management arrangement. Two branded operating costs in one building is not a problem, but it is a number you should see before you sign rather than after. Ask for the projected association budget with the brand and management fees broken out.
What to Watch Before You Sign
- This is one of the better-positioned towers in the market. Real lender, two years of construction behind it, 40 floors standing. Judge it on that.
- Ask for the current absorption figure. It has not been published in any recent source.
- Ask what SH Hotels & Resorts management costs and how it interacts with the Baccarat licence fee inside the association budget.
- The riverfront flats and duplexes are a different product from the tower units — different exposure, different views, different resale market. Do not let them be quoted to you at tower comparables or vice versa.
- Early 2028 is still nearly two years out. Get the outside date in your contract.
The Miami River Around It
Baccarat sits where the Miami River meets Brickell — walking distance to Brickell City Centre and the financial district, with the river frontage giving it something most Brickell towers do not have.
The corridor is busy. The Real Deal counted more than 10,500 residential units proposed or under construction along the Miami River as of November 2023, and Faena Residences Miami is planned a short distance west at 24 SW 4th Street. Cipriani Residences topped off in July 2026 at roughly 950 feet nearby, and The St. Regis Residences is under construction to the south.
What Baccarat has against that field is simple: it is financed and it is 40 floors up. Several of its competitors are neither.
Verified 5 August 2026. Drawn from The Real Deal and Commercial Observer’s March 2024 coverage of the $328M Bank OZK construction loan, and Florida YIMBY’s construction report of 13 March 2026. Percentage sold, current pricing, deposit structure and residence sizes are not published in the primary sources located. Confirm every figure against the current price sheet and the recorded condominium documents before you sign.
Baccarat Residences Miami — Frequently Asked Questions
Where is Baccarat Residences Miami?
The construction address of record is 99 SE 5th Street, Miami, FL 33131; it is marketed as 444 Brickell Avenue. The site is on the Miami River at the northern edge of Brickell. Use 99 SE 5th Street if you are pulling permits or title yourself.
How tall is it and how many residences?
75 storeys, approximately 835 feet, with 360 residences — 324 tower units, 8 penthouses, and 28 riverfront flats and duplexes at the base.
Is Baccarat Residences Miami actually under construction?
Yes, and well advanced. A $328 million construction loan from Bank OZK closed in March 2024, and Florida YIMBY photographed the tower at the 40th floor on 13 March 2026 with the 39th-floor slab still pouring. Topping out is expected later in 2026.
When will it be completed?
Early 2028, per Florida YIMBY’s March 2026 construction report.
How many units have sold?
Not disclosed in the most recent construction reporting. Ask the sales team directly — no primary source publishes a current absorption figure.
Who designed it?
Arquitectonica is the architect, Meyer Davis handled interiors, Enzo Enea did the landscape, and John Moriarty & Associates is general contractor. SH Hotels & Resorts will handle property management. Baccarat is a brand licensor, not the developer — Related Group and GTIS Partners are.
Sources and further reading
- Related Group scores construction loan for Baccarat Miami — The Real Deal29 March 2024: the $328 million Bank OZK construction loan.
- Related Group Scores $328M From Bank OZK to Build Baccarat Residences in Brickell — Commercial ObserverMarch 2024: independent confirmation of the loan amount and lender.
- Baccarat Residences Miami Continues Vertical Ascent Towards 75-Story Apex — Florida YIMBY13 March 2026, the most recent construction report: 40th floor reached, ~835 ft, the 324/8/28 unit breakdown, the full design and contracting team, and early 2028 delivery.
- Related Group and GTIS Partners Secure $328 Million Construction Loan From Bank OZK — PROFILEmiami1 April 2024: the 75-storey confirmation and financing detail.
- Development wave of over 10K resi units planned along Miami River — The Real Deal9 November 2023: the 10,500-unit Miami River pipeline that forms Baccarat’s competitive set.
- Miami Pre-Construction Delivery Tracker — Josh SteinOur dated record of 38 South Florida towers — 14 of which have no construction loan reported at all.
Related coverage
Part of New Construction.