The Aston Martin.
A name that screams exclusivity, luxury, and performance. But here’s the real question…
Why is nearly 25% of the entire building back on the market just one year after closings began?
Let’s take a deeper look.
📍 The Building: Prime Location, Premium Amenities
The Aston Martin Residences, located at the mouth of the Miami River, is one of the city’s most iconic new developments. Situated just steps from Whole Foods, Brickell’s top-tier restaurants, and within walking distance to the Financial District, the building was designed to embody status and lifestyle.
With 391 total units, it features ultra-luxury amenities spread across floors 52 to 55, including:
- Sky bar
- Infinity pool
- Full spa and wellness center
- Private movie theaters
- Virtual golf simulator
- One of the few residential heliports in Miami
Last I heard, the heliport belonged to one of the penthouse units—but unit owners were petitioning to convert it for shared building use. Either way, the building isn’t short on “wow” factors.
But even with all this—why are so many units already up for resale?
📊 Market Snapshot: What the Numbers Say
As of June 10, 2025, there are 96 active listings at Aston Martin Residences.
- 8 are still developer units
- 88 are resale listings
That’s nearly 25% of the building for sale.
Here’s a deeper dive into transaction history:
- 29 total closed sales have hit the MLS
- 13 were developer closings
- 16 were resales
Those resale units sold at an average of 31% above the developer purchase price. Sounds good, right?
But when you factor in closing costs, agent commissions, carrying costs (HOA dues, property taxes, maintenance), and vacancy time, the net gain drops closer to 21%.
And even that figure depends on when the unit was originally contracted—some dating back to 2019 or 2020.
Over a 3–5 year hold, most owners are looking at an average annual return of 4–7%.
📉 Inventory Risk & Market Pressure
In a balanced building, you’d expect 5–10% of units to be on the market.
But with 25% currently listed, Aston Martin Residences faces a risk of oversupply—and that puts downward pressure on pricing.
Additionally, 19 units were listed within the past year and then withdrawn, cancelled, or expired. That suggests many owners are on the sidelines, waiting for better timing.
Don’t forget—resale sellers are competing directly with the developer. That overlap splits the buyer pool and makes it difficult for owners to hold firm on price.
💰 Pricing Imbalance: Perception vs. Reality
Here’s what stands out:
The average active resale listing is priced 63% above its original purchase price.
That would be fine—if the market could sustain it.
But the average days on market across active listings is 158 days. When we factor in previously expired listings that were later relisted, the average rises to 174 days.
That’s nearly six months of sitting without selling.
Without price adjustments, we’re likely to see more stale listings, more seller frustration, and eventually—price reductions.
🧠 Closing Analysis: Lessons for Investors
There’s no denying Aston Martin Residences is a landmark development. It’s bold, iconic, and offers top-tier branding and features.
But this case also shows us something more:
- Timing matters
- Absorption risk is real
- Pricing discipline wins over branding hype
As new inventory continues to rise around Brickell and Downtown Miami, investors must weigh short-term gains against long-term capital lockup.
It’s not just about whether values will go up—
It’s about the true cost of holding that investment over time.