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Condominium
$620,000$752 / sqft
1200 Brickell Bay Dr # 1404, Miami FL 33131
Listed
2
Bedrooms
1
Bathrooms
825 sqft
Interior
2005
Year built
$706 / mo
HOA
Condominium
Type
About this home
INVESTOR'S OPPORTUNITY! Welcome to your investment Airbnb approved condo with Bay views! This remodeled unit offers a perfect blend of luxury, flexibility, and income. What sets this condo apart is its unique split bedroom design. The original 1 bedroom layout has been transformed into 2 bedrooms, providing versatility for guests. This unit also features 12 ft ceilings! Higher than the units on other floors providing an airy and bright atmosphere throughout. Another standout feature is the significantly larger balcony. Whether you're looking for a peaceful retreat or an ideal space for entertaining, this expansive outdoor area provides the perfect setting. For investors seeking more, the option to purchase together with a 3-bedroom unit in the building creates a 5-bedroom investment condo.
Features
- First Floor Entry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Other
- Bay
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Ok To Lease
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–$6,300.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.