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Waterfront · Condominium
$925,000$751 / sqft
1200 Brickell Bay Dr # 2824, Miami FL 33131
Listed
3
Bedrooms
2
Bathrooms
1,232 sqft
Interior
2005
Year built
$1,055 / mo
HOA
Condominium
Type
About this home
High-floor corner 3BR/2BA residence in the heart of Brickell, renovated and furnished in 2025. This rare split-floorplan features floor-to-ceiling windows, a wraparound balcony, and sweeping city views with partial bay views. One of the few Brickell properties offering exceptional flexibility for both end users and investors for short term Rentals (Airbnb). Sold fully furnished and move-in ready, making it ideal as a primary residence, second home, or income-producing investment. The open-concept living and dining area is perfect for entertaining, while the spacious primary suite features a walk-in closet and private bath. Recent upgrades include new furnishings and a new water heater. Located at The Club at Brickell Bay, residents enjoy resort-style amenities including a lap pool, fitness center, recreation room, and 24-hour security. Steps from Brickell City Centre, Mary Brickell Village, world-class dining, shopping, and entertainment. A rare opportunity to own a turnkey 3-bedroom corner residence in one of Brickell’s most sought-after locations. Easy to show.
Features
- First Floor Entry
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
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
Approximate — shows the building, not the unit.
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 109 active listings; the middle half ask $7,500–$15,000.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.