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Waterfront · Condominium
$4,500,000$1,468 / sqft
520 Brickell Key Drive # 03, Miami FL 33131
Listed
3
Bedrooms
4
Bathrooms
3,065 sqft
Interior
1982
Year built
$3,800 / mo
HOA
Condominium
Type
About this home
Direct Ocean open water full views forever without concern for future construction impact - Top Upper 2 Floors of Brickell Key One - The best location in all of Brickell Key. 2 story Upper Penthouse offering 3 full en-suite spaces with multiple massive cedar lined walk-in closets in a separated design offering full privacy, plus an additional 4th full bath. The entire residence offers sweeping unobstructed open ocean views for miles. Over 3,000+/- square feet of interior space plus massive balconies on each level, a separate office/den, and additional storage. A secondary private entrance/exit on the second floor leads to a private level for UPH use only. New AC plus a full utility room. Very spacious and exceptionally private with partial newly installed impact glass, brand new opulently renovated kitchen and bath plus a coveted private garage with water and power plus enormous storage and additional self parking plus free valet. By Appt.
Features
- First Floor Entry
- Second Floor Entry
- Closet Cabinetry
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
- Water View
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 101 active listings; the middle half ask $7,200–$14,500.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.