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Condominium at 950 Brickell Bay Dr # 501, Miami FL 33131Active
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Condominium
$415,000$589 / sqft

950 Brickell Bay Dr # 501, Miami FL 33131

1
Bedrooms
1
Bathrooms
704 sqft
Interior
2008
Year built
$835 / mo
HOA
Condominium
Type

About this home

Live in the heart of Brickell at The Plaza on Brickell. This bright 1 bed / 1 bath residence offers floor-to-ceiling impact-resistant windows, 9-foot ceilings, a modern kitchen with Italian cabinetry, granite countertops and stainless-steel appliances, in-unit washer/dryer, and a private balcony — the smart, low-maintenance Miami lifestyle in one of the city's most walkable neighborhoods. The Plaza is a full-service luxury building with resort-style amenities: two infinity-edge pools and hot tub, state-of-the-art fitness center and spa, steam room and sauna, club room with billiards, business center, 24-hour attended lobby, valet, and concierge. Pet-friendly with no weight restrictions. Unbeatable location steps from Mary Brickell Village and Brickell City Centre, with the best of Brickell's dining, nightlife, and shopping at your door — plus the peaceful bayfront walk around Brickell Key just behind you. Easy access to I-95, the Metromover, and Downtown. A perfect home base, pied-à-terre, or investment opportunity in Miami's financial district. Schedule your private showing today.

Features

  • Lobby
  • Elevator
  • Barbeque
  • Other
  • Other View
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,933

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,098
HOA
$835 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Serhant

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.