All listings
Active
Active1 / 39
Photo 1 of 39
Waterfront · Condominium
$1,475,000$952 / sqft
540 Brickell Key Dr # 1820, Miami FL 33131
Listed
3
Bedrooms
2
Bathrooms
1,550 sqft
Interior
1991
Year built
$2,198 / mo
HOA
Condominium
Type
About this home
Breathtaking direct ocean views set the stage for this exquisitely reimagined Brickell Key penthouse. Fully remodeled with a sophisticated contemporary aesthetic, this unit is framed by expansive windows capturing sweeping water views and beautiful natural light. Originally designed as a 3-bedroom, the third bedroom is currently styled as an intimate media room and can easily be restored to its original use. Refined finishes and thoughtful design create an atmosphere of understated elegance throughout. Set within the exclusive island enclave of Brickell Key, enjoy the tranquility of waterfront living just moments from the energy and sophistication of Brickell. A rare opportunity to own a turnkey penthouse where captivating views, elevated design and an exceptional Miami lifestyle converge.
Features
- Lobby
- Built-in Features
- Fire Sprinklers
- Entrance Foyer
- Pantry
- Den/Library/Office
- Utility Room/Laundry
- Open Balcony
- Bay
- Direct Ocean
- Water View
Leasing
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 3-bed rentals in Brickell, from 117 active listings; the middle half ask $7,350–$14,500.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.