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Waterfront · Condominium
$360,000$374 / sqft
801 Brickell Bay Dr # 361, Miami FL 33131
Listed
2
Bedrooms
2
Bathrooms
962 sqft
Interior
1968
Year built
$945 / mo
HOA
Condominium
Type
About this home
A great opportunity awaits at the iconic Four Ambassadors, it is ideal for both investors and owner-occupants. Priced as the best value on Brickell Avenue, it's located in the heart of Brickell, truly at the center of it all. Residents enjoy an impressive array of on-site amenities, including the renowned Delilah Las Vegas Club & Restaurant, a poolside bar, grocery and deli, bakery, Flamingo Theater, beauty salon, massage services, fitness center, dry cleaning/laundry facilities, and two Olympic-size swimming pools. Step outside and you're within walking distance of Miami's top dining destinations, right on Brickell. Life here flows effortlessly with waterfront pools, on-site dining, a marina, and the best of Brickell just outside your door. Whether you're starting your day with a stroll along the bay or dining out steps from home, every moment feels like a vacation
Features
- Lobby
- First Floor Entry
- None
- Other View
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.
Location
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.