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Waterfront · Condominium
$1,400,000$854 / sqft
888 Brickell Key Dr # 508, Miami FL 33131
Listed
2
Bedrooms
3
Bathrooms
1,640 sqft
Interior
1995
Year built
$1,699 / mo
HOA
Condominium
Type
About this home
Experience true private-island living in the heart of Miami. This spacious 2-bedroom + den, 2-bathroom residence (1,640 sq ft) at One Tequesta Point offers an exceptional combination of space, location, and lifestyle on exclusive Brickell Key. The open floor plan features a remodeled chef’s kitchen, generous living and dining areas, both bedrooms with built-in closets, and a large terrace perfect for enjoying evening bay and city views. The unit includes 2 assigned parking spaces plus storage. One Tequesta Point (built in 1995 by Swire Properties) is one of the most desirable buildings on the island, offering 24-hour security, concierge, valet, bayfront pool and sundeck, fitness center, spa/sauna, squash and racquetball courts, BBQ area, and social room. Brickell Key delivers the rare privilege of living on a secure, gated private island just minutes from the financial district, Brickell City Centre, world-class dining, and entertainment. With limited inventory on the island, consistently strong rental demand, and the prestige of Brickell Key, this residence presents both an exceptional lifestyle opportunity and solid long-term investment potential. A rare chance to own on Brickell Key.
Features
- Elevator
- Roman Tub
- Walk-In Closet(s)
- Open Balcony
- Bay
- Canal
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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–$6,200.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.