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Condominium
$729,000$660 / sqft
1200 Brickell Bay Dr # 1723, Miami FL 33131
Listed
2
Bedrooms
2
Bathrooms
1,105 sqft
Interior
2004
Year built
$946 / mo
HOA
Condominium
Type
About this home
Turnkey furnished 2 bed, 2 bath condo with a den on the 17th floor of The Club at Brickell Bay, one of the few Brickell towers that allows short-term rentals. 1,105 sf corner layout with a long wraparound balcony facing Biscayne Bay and the Brickell skyline, kitchen with stainless appliances, washer and dryer in the unit. Sold furnished and already operating as a short-term rental: income and expense records available to qualified buyers. Resort amenities on the 14th floor: two heated pools on the bay, hot tub, 24-hour gym, game room, children's playroom and residents' lounge, with 24/7 front desk and security. One assigned parking space. Walk to Brickell City Centre, Mary Brickell Village, Whole Foods and the Metromover. Live in it, rent it nightly, or both. Association approval required. Rental income is subject to Florida and Miami-Dade transient taxes.
Features
- First Floor Entry
- Den/Library/Office
- Open Balcony
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
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–$6,500.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.