Building facts
- Address
- 99 SW 7th Street
- Neighborhood
- Brickell
- Year built
- 2026
- Floors
- 44
- Residences
- 300
- Status
- Completed
- Developer
- Newgard Development Group
- Architect
- Arquitectonica
- Pricing
- Starting at $900,000
Verified 26 June 20264 sources
Lofty Brickell seen from the west — developer rendering
The illuminated facade of Lofty Brickell — developer rendering
Balconies at Lofty Brickell at night — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell above the river walk — developer rendering
The riverwalk and the Underline beside Lofty Brickell — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell on the Miami River — developer rendering
Lofty Brickell on the Miami River — developer rendering
Building facts
- Address
- 99 SW 7th Street
- Neighborhood
- Brickell
- Year built
- Est. 2027
- Floors
- 44
- Residences
- 363
- Status
- Under construction — topped off January 2026; delivery anticipated August 2027
- Developer
- Newgard Development Group
- Architect
- Arquitectonica
- Pricing
- Starting at $900,000
LOFTY Brickell — Building Facts
- Address
- 99 SW 7th Street, Miami, FL 33130
- Development
- One Brickell Riverfront (two towers)
- Neighbourhood
- Brickell, on the Miami River
- Developer
- Newgard Group
- Architect
- Arquitectonica
- Interior Design
- INC
- General Contractor
- G.T. McDonald
- Storeys
- 44
- Residences
- 362 — studios, one- and two-bedroom, penthouses
- Amenities
- Approximately 40,000 sq ft
- Topped off
- January 2026
- Delivery
- August 2027 (developer target, June 2026)
- Remaining inventory
- Seven penthouses, $2.4–$3.5 million (June 2026)
Key Takeaways
- This is not a 2024 building and it is not 300 residences — LOFTY Brickell is 362 residences over 44 storeys, with delivery targeted for August 2027. Earlier figures circulated widely and are superseded.
- It is one of two towers, not a standalone — LOFTY shares the 99 SW 7th Street site with The Standard Residences, Brickell (46 storeys, 422 residences), together marketed as One Brickell Riverfront.
- Almost nothing is left to buy — as of June 2026 the developer reported seven penthouse residences remaining, priced $2.4 to $3.5 million. The studios and one-bedrooms that led the launch are gone.
- The building is structurally finished — it topped off in January 2026 and its architectural crowns were installed by June 2026. What remains is facade and interior fit-out.
- The money is in place — One Brickell Riverfront closed $513 million of construction financing in late 2025, among the largest residential construction loans in South Florida that year.
- ⚠️ The rental question is the reason most buyers are here, and it deserves care — the developer markets a flexible model letting owners rent on their own terms. Get the condominium documents and the current City of Miami position in writing before you rely on it.
Lofty Brickell Condos, by the numbers
Developer: Newgard Development Group · Architect: Arquitectonica · Starting at $900,000. Source: the building record on this site.
99 SW 7th Street, Miami, Florida 33130 | Neighborhood: Brickell
Have a question about Lofty Brickell Condos? This page is built from the county record and the trade press, not a listing feed. If you want what has actually closed here, or an honest read on whether it suits you, ask me directly.
What is actually being built
LOFTY Brickell is a 44-storey tower holding 362 residences at 99 SW 7th Street, on the north bank of the Miami River immediately west of Brickell City Centre. The architect is Arquitectonica and the interiors are by INC. The developer is Newgard Group.
It is not a standalone building, and that matters when you are comparing it to anything else. LOFTY shares its site with The Standard Residences, Brickell — a 46-storey, 422-residence tower by Two Roads Development with interiors by GOODRICH — and the pair are marketed together as One Brickell Riverfront. Between them the site will hold 784 residences. Amenity queues, lift waits, valet and the riverwalk are shared realities of an 784-home site, not of a 362-home one.
LOFTY’s own amenity programme runs to roughly 40,000 square feet and includes a private marina, a resort-style pool deck, fitness centre, spa, cigar lounge and co-working space, with AVRA Estiatorio taking the ground-floor restaurant.
The building
Forty-four storeys on the north bank of the Miami River, with the Underline and the riverwalk running past its base.
Where the project actually stands
This is the part most listings get wrong, so here is the dated sequence from the trade record:
- February 2023 — Newgard breaks ground on the 44-storey tower.
- Late 2025 — One Brickell Riverfront closes $513 million in construction financing.
- January 2026 — both towers top off.
- June 2026 — architectural crowns installed; the towers reach full architectural height. Delivery targeted for August 2027.
So the structure is done and the money is committed. That removes the two risks that matter most in Miami preconstruction — a project that never breaks ground, and one that stalls for want of a construction loan. It does not remove delivery risk: August 2027 is a developer target stated in mid-2026, and targets move.
Any page still describing this as a 2024 delivery, or as a 35-storey building, or as 300 units, is out of date. Our own page said two of those things until this rewrite, and I would rather say so than quietly correct it.
Arrival
A check-in lounge rather than a lobby desk — the building is designed around short-stay letting, which is the section below.
What it costs, and what is actually left
Residences launched from the $493,000 range. They are effectively gone. As of June 2026 the developer reported seven penthouse residences remaining, priced between $2.4 and $3.5 million.
That single fact should reframe the decision. If you came looking for a studio or a one-bedroom at LOFTY, there is nothing to buy from the developer. What is available is the top of the building at the top of the price range — a different product, a different buyer and a different risk profile from the entry-level residences that made the project’s reputation.
Two routes remain for everyone else. The first is contract assignment, where an existing buyer sells their position before closing; whether that is permitted, and on what terms and fees, is governed by the purchase contract and the developer’s policy, and it is a question to ask before you fall in love with a floorplan. The second is the resale market after closings begin in 2027. There is no resale record for this building yet, because nobody has taken title. Any per-square-foot figure quoted to you for LOFTY today is a projection, not a measurement.
By comparison, the sister tower was being marketed from the mid $600,000s as of June 2026, so the site as a whole is not sold out even though LOFTY nearly is.
The residences
Studios through penthouses, all delivered furnished. The penthouse renderings are the ones with the deeper terraces.
What to watch before you sign
The rental model is the single thing to verify in writing. LOFTY has been marketed since launch around flexible, short-stay-friendly ownership, and the developer describes a model giving owners the ability to rent their residences on their own terms. That is the reason a large share of buyers are in this building.
It is also the thing I would not take from any marketing page, including this one. Ask for the recorded declaration of condominium, the rental rules and the current City of Miami zoning position, and read them before you rely on a rental projection. Rules governing short stays in Miami have changed repeatedly, they differ by building and by zoning district, and a projection built on last year’s position is worth nothing. If an operator’s revenue model is being shown to you, ask what occupancy and nightly rate it assumes and what happens to your numbers if the rules tighten.
Three more things worth confirming before you commit:
- What the developer’s target date actually commits them to. August 2027 is a target. The contract, not the press release, defines the outside date and your remedies.
- Whether you are buying furnished, and what that includes. LOFTY has been marketed as delivered furnished with interiors curated by INC. Confirm the package in the contract.
- Association budgets for a two-tower site. 784 residences share this address. Ask for the projected budget and how costs are split between the two towers.
Amenities
A pool deck and juice bar, a spa, a fitness floor, a members’ speakeasy, a cigar room and a lounge.
Who this suits, and who it does not
As it now stands, this suits a buyer who wants a penthouse in a structurally complete Brickell tower with a private marina, and who is comfortable at $2.4 to $3.5 million and with a 2027 delivery. The financing and construction risk are largely behind it, which is not true of most Miami projects still selling.
It suits badly a buyer looking for the entry-level LOFTY that was marketed from the $490,000s — that inventory is gone — and it suits badly anyone whose numbers only work if short-stay rental rules stay exactly as they are today. If a rental yield is doing the heavy lifting in your decision, verify the rules first and the pricing second.
LOFTY Brickell — Frequently Asked Questions
How many units are in LOFTY Brickell?
362 residences over 44 storeys — studios, one- and two-bedroom homes and penthouses. ⚠️ A figure of 300 units circulated widely, including on this page until August 2026, and it is wrong.
When will LOFTY Brickell be completed?
The developer target is August 2027, as reported in June 2026. The tower topped off in January 2026 and its architectural crowns were installed by June 2026, so the structure is finished and the remaining work is facade and interior fit-out. ⚠️ Listings still showing a 2024 or 2025 delivery are out of date.
Can you still buy at LOFTY Brickell?
Barely, from the developer. As of June 2026 seven penthouse residences remained, priced $2.4 to $3.5 million. The studios and one-bedrooms that launched from around $493,000 are gone. The alternatives are a contract assignment from an existing buyer, if the contract permits one, or the resale market once closings begin in 2027.
Is LOFTY Brickell the same as The Standard Residences, Brickell?
No, but they share a site. Both stand at 99 SW 7th Street as part of One Brickell Riverfront. LOFTY is 44 storeys and 362 residences by Newgard Group; The Standard Residences, Brickell is 46 storeys and 422 residences by Two Roads Development. ⚠️ The Standard Residences Midtown is a third, unrelated building.
Can I rent out a residence at LOFTY Brickell on a short-term basis?
The developer markets a flexible model giving owners the ability to rent their residences on their own terms, and short-stay-friendly ownership has been central to how the building was sold. Do not rely on that without documents. Ask for the recorded declaration of condominium, the building’s rental rules and the current City of Miami position, and read them before you build any projection on rental income. Rules for short stays in Miami have changed repeatedly and vary by building and zoning district.
What does a residence at LOFTY Brickell sell for per square foot?
There is no answer to that from the record yet, because no residence has closed. The building has no county sale history, no resale data and no turnover figure. Any per-square-foot figure quoted for LOFTY today is a projection from asking prices, not a measurement of what homes have traded for.
Is the project financed and under construction?
Yes to both. One Brickell Riverfront closed $513 million in construction financing in late 2025 — among the largest residential construction loans in South Florida that year — and both towers topped off in January 2026. The general contractor is G.T. McDonald.
Sources and further reading
- LOFTY Brickell And The Standard Residences, Brickell Reach Full Architectural Height At One Brickell Riverfront — Florida YIMBY, 24 June 2026 (44 storeys, 362 residences, 46 storeys, 422 residences, August 2027 delivery, Arquitectonica, Newgard Group and Two Roads Development)floridayimby.com
- Newgard Group and Two Roads Development Mark Major Construction Milestone at One Brickell Riverfront With Installation of Architectural Crowns — PROFILEmiami, 26 June 2026 (seven penthouses remaining at $2.4–$3.5 million, 40,000 sq ft of amenities, AVRA Estiatorio, INC and GOODRICH interiors, G.T. McDonald, January 2026 top-off, $513 million financing)profilemiami.com
- Newgard Breaks Ground On 44-Story Lofty Brickell At 99 SW 7th Street In Miami — Florida YIMBY, February 2023 (groundbreaking, address, storey count)floridayimby.com
- Newgard Group And Two Roads Secure $513 Million In Construction Financing For One Brickell Riverfront In Miami — Florida YIMBY, October 2025floridayimby.com
Interested in buying at Lofty Brickell?
Learn more about buying pre-construction at Lofty Brickell with Josh Stein.
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after. Part of South Florida New Construction.Thinking about Lofty Brickell Condos?
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