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Waterfront · Condominium
$1,450,000$721 / sqft
520 Brickell Key Dr # A1904, Miami FL 33131
Listed
2
Bedrooms
2
Bathrooms
2,010 sqft
Interior
1982
Year built
$2,745 / mo
HOA
Condominium
Type
About this home
Stunning waterfront residence with an oversized wraparound terrace and unobstructed, direct water views from every room. Enjoy breathtaking panoramas of Biscayne Bay, the Port of Miami, Miami Beach, and the Brickell skyline, with spectacular sunrises and sunsets as your daily backdrop. Ideally located on the exclusive island of Brickell Key, this exceptional residence is adjacent to the future Mandarin Oriental Residences, Brickell Key's most anticipated luxury development, enhancing the prestige and long-term value of this premier waterfront address. Spanning 2,010 square feet, the residence offers 2 bedrooms, 2 bathrooms, and a spacious den ideal as a home office, media room, guest suite, or potential third bedroom. The flexible floor plan allows for future reconfiguration and includes generous closet space throughout. The expansive wraparound terrace seamlessly extends the living space outdoors, creating the perfect setting for entertaining, al fresco dining, or enjoying the extraordinary waterfront scenery. Recently price improved, this residence represents one of the best values per square foot for direct waterfront living on Brickell Key. An exceptional opportunity to own in one of Miami's most exclusive island communities, just moments from Brickell's world-class dining, shopping, and entertainment.
Features
- First Floor Entry
- None
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Brickell, from 200 active listings; the middle half ask $4,000–$6,200.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.