1221 Brickell Avenue

Local assessors in Miami, FL have categorized 1221 Brickell Avenue as a office type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 89,864 square feet. There are also 145 partial bathrooms. This is a 26 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1221 Brickell Avenue has a total of 656,821 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a flat style roof. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on a chilled water air conditioning system for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1221 Brickell Avenue sold most recently in Jun 14, 2022 for a total of $286,500,000. If you work out the math, that's approximately a cost of $436.19 per sqft. Before that, the property was also sold for $15,500,000 in Apr 24, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,976,310 in taxes each year. The initial year of tax delinquency occurred in 2012. 1221 Brickell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $194,225,200. If we break it down further, the land itself was valued at $53,918,400. Improvements to the property, however, were assessed at a total of $140,306,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!