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Waterfront · Condominium
$389,000$540 / sqft
540 Brickell Key Dr # 1116, Miami FL 33131
Listed
1
Bedrooms
2
Bathrooms
720 sqft
Interior
1991
Year built
$821 / mo
HOA
Condominium
Type
About this home
Direct ocean views from every room in this 1/1.5 condo with cozy balcony and large walk in closet. Washer & dryer in unit with impact windows & sliding doors currently being installed. Brickell Key Condo is an upscale property with remodeled common areas , gym, sauna and pool area. Property features 24 hour surveillance with valet on site. Minutes from Downtown Miami, Bayside & Brickell City Center. Near shops, dining , houses of worship , entertainment and nightlife. Prime location with easy access to public transportation. Minutes to I-95, US-1 , Key Biscayne, Coral Gables & Coconut Grove.
Features
- Interior Hall
- Elevator
- Other
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
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 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,000–$4,089.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.