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Waterfront · Condominium
$739,000$470 / sqft
1408 Brickell Bay Dr # 411, Miami FL 33131
Listed
2
Bedrooms
3
Bathrooms
1,574 sqft
Interior
1964
Year built
$1,823 / mo
HOA
Condominium
Type
About this home
Rare two level waterfront townhome on Brickell Bay Drive with open views of Biscayne Bay, Key Biscayne and Brickell Key. This 2 bedroom, 2.5 bath residence at Brickell Bay Tower offers two private terraces, a bright living and dining area with floor to ceiling glass, and a kitchen with a warm wood ceiling, granite counters, stainless appliances and a breakfast bar. The primary bedroom opens to its own balcony and has a marble bathroom and generous closet space. The second bedroom works as a guest room or home office. Additional features include wood floors in the bedrooms, a stylish powder room, washer and dryer inside the unit, hurricane shutters and 2 covered assigned parking spaces, a rare find in Brickell. Building amenities include a heated bayfront pool, BBQ area, newly upgraded fitness center, 24 hour security and an elegant lobby. Step outside to the bayfront walkway and you are minutes from Brickell City Centre, Mary Brickell Village, top restaurants, hotels and the financial district. Schedule your private showing today.
Features
- First Floor Entry
- Second Floor Entry
- Walk-In Closet(s)
- Other
- None
- Bay
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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–$6,500.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.