$775,000
↓ $4K (0.5%)
●
Condo -
For Sale
2475 Brickell Ave #1606
Miami, FL 33129
2 Beds
2 Baths
1120 Sqft
$5,659
Est. Monthly
$1,161
HOA / Fees
3.94%
Cap Rate
About This Property
Imagine living in the heart of Miami's vibrant lifestyle at condo
#1606. Just blocks away, you have access to beautiful parks and the
stunning Key Biscayne beaches, where you can enjoy sailing,
jet-skiing, running, biking, and simply relaxing by the water.
Modern and newly remodeled 2/2 condo at the Metropolitan!
*Urban living without the traffic*
Beautiful condo 1606 features: New floor, popcorn ceiling removed, ceiling lights, cabinets, appliances, counter-tops, smoke detectors, bathroom trimmings, vanities, blackout blinds, new Bosch AC, *2 assigned/covered parking 512/513*, storage, Free Valet . Its location places residents of the building just a few blocks from the Alice Wainwright Park, US1, I95 Highway and South Bayshore Dr.
Modern and newly remodeled 2/2 condo at the Metropolitan!
*Urban living without the traffic*
Beautiful condo 1606 features: New floor, popcorn ceiling removed, ceiling lights, cabinets, appliances, counter-tops, smoke detectors, bathroom trimmings, vanities, blackout blinds, new Bosch AC, *2 assigned/covered parking 512/513*, storage, Free Valet . Its location places residents of the building just a few blocks from the Alice Wainwright Park, US1, I95 Highway and South Bayshore Dr.
Unit Size
1,120Ft²
Days on Market
373 days
Land Size
-
Price per sqft
$692
Property Type
Condo
Property Taxes
$692
HOA Dues
$1,161
Year Built
2001
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 2 months ago (Miami MLS #A11512669)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2024 | Price Decreased |
$775,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
| Oct 3, 2024 | Relisted | $779,000 | |
| Relisted | |||
| Sep 27, 2024 | No longer available | - | |
| No longer available | |||
| Jun 18, 2024 | Price Decreased |
$779,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Mar 6, 2024 | Price Decreased |
$784,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Elevator
Doorman
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: 2 Or More Spaces, Assigned, Covered, Guest, Valet
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower
Bedrooms: 2
Bedroom Features: Entry Level
Interior Features: Lobby, First Floor Entry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Floor
Door Features: High Impact Doors
Dining Room Features: Dining/Living Room, Snack Bar/Counter
Exterior Details
Has Property Attached
Square Footage: 1120
Security Features: Smoke Detector, Complex Fenced, Doorman, Fire Alarm, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol, TV Camera
Architectural Style: High Rise
Year Built: 2001
Building Name: The Metropolitan Building
Building Area Total: 1120
Building Area Units: Square Feet
Building Area Total: 1120
Window Features: Complete Accordian Shutters, Hurricane Shutters
Construction Materials: CBS Construction
Patio and Porch Features: Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: THE METROPOLITAN CONDO UNIT 1606 UNDIV .5489599 INT IN COMMON ELEMENTS OFF REC 19604-1579 OR 19700-2669 0401 1
Tax Annual Amount: $8,304
Tax Year: 2023
Parcel Number: 01-41-40-032-1090
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Location Details
HOA/Condo/Coop Amenities: Barbecue, Bike Storage, Business Center, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Storage, Heated Pool, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Vehicle Wash Area
HOA Fee: $1,161
HOA Fee Frequency: Monthly
2475 Brickell Ave #1606, Miami, FL, 33129
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,170 ft²
$641/ft²
$750,000
Nov 17, 2023
$750,000
Mar 4, 2024
$2,142/mo
Condo
2
Beds
2
Baths
1,280 ft²
$609/ft²
$780,000
Nov 21, 2023
$780,000
Feb 5, 2024
$1,487/mo
Condo
2
Beds
2
Baths
1,102 ft²
$598/ft²
$659,000
Dec 5, 2023
$659,000
Mar 20, 2024
$1,257/mo
Condo
2
Beds
2
Baths
1,280 ft²
$598/ft²
$765,000
Sep 29, 2023
$765,000
Mar 6, 2024
$1,998/mo
Condo
2
Beds
2
Baths
1,367 ft²
$655/ft²
$895,000
Mar 12, 2024
$895,000
Apr 25, 2024
$2,926/mo
Condo
2
Beds
2
Baths
1,188 ft²
$659/ft²
$782,500
Feb 28, 2024
$782,500
Apr 30, 2024
$1,867/mo
Active
Condo
2
Beds
2
Baths
1,170 ft²
$615/ft²
$719,000
Jul 29, 2024
-
$1,668/mo
Active
Condo
2
Beds
2
Baths
1,120 ft²
$737/ft²
$824,900
Jun 14, 2024
-
$1,896/mo
Active
Condo
2
Beds
2
Baths
1,190 ft²
$629/ft²
$749,000
Dec 6, 2023
-
$2,047/mo
Active
Condo
2
Beds
2
Baths
1,140 ft²
$610/ft²
$695,000
Oct 22, 2024
-
$1,761/mo
Active
Condo
2
Beds
2
Baths
1,100 ft²
$663/ft²
$729,000
Aug 15, 2024
-
$1,318/mo
Active
Condo
2
Beds
2
Baths
1,367 ft²
$523/ft²
$715,000
Jun 3, 2024
-
$2,474/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/15/2024
|
2 Bed
|
2 Bath
|
1280 ft²
|
$795,000
2 Bed
2 Bath
1280 ft²
|
$780,000
-1.89%
03/28/2024
|
-
|
Maria Martinez
Goldpen Realty Group
| |
|
11/21/2023
|
2 Bed
|
2 Bath
|
1280 ft²
|
$799,000
2 Bed
2 Bath
1280 ft²
|
$780,000
-2.38%
02/05/2024
|
-
|
Victor Camero
Luxe Properties
| |
|
11/17/2023
|
1 Bed
|
1 Bath
|
850 ft²
|
$465,000
1 Bed
1 Bath
850 ft²
|
$420,000
-9.68%
01/08/2024
|
-
|
Domenica Dassum
One Sotheby's International Realty
| |
|
11/17/2023
|
2 Bed
|
2 Bath
|
1170 ft²
|
$775,000
2 Bed
2 Bath
1170 ft²
|
$750,000
-3.23%
03/04/2024
|
-
|
Gene Mastro
Coldwell Banker Realty
| |
|
09/29/2023
|
2 Bed
|
2 Bath
|
1280 ft²
|
$825,000
2 Bed
2 Bath
1280 ft²
|
$765,000
-7.27%
03/06/2024
|
-
|
Luiz Felipe Cavalcanti
Compass Florida, LLC.
| |
|
07/26/2023
|
2 Bed
|
2 Bath
|
1280 ft²
|
$799,000
2 Bed
2 Bath
1280 ft²
|
$785,000
-1.75%
10/16/2023
|
-
|
Luis Garino
Cervera Real Estate Inc.
| |
|
05/17/2023
|
2 Bed
|
2 Bath
|
1140 ft²
|
$823,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
Carmen Spang
Florida Realty of Miami Corp
| |
|
12/01/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$443,500
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Marlene Nout
Select International Realty, LLC.
| |
|
06/26/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$455,000
1 Bed
1 Bath
850 ft²
|
$400,000
-12.09%
03/02/2023
|
-
|
Danny Lajos
Julies Realty, LLC
| |
|
05/30/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$465,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Lenys Rendon
Barnet Capital Realty Corp
| |
|
07/13/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$455,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Keyhla Garcia
Realty Hub
| |
|
06/13/2022
|
1 Bed
|
1 Bath
|
895 ft²
|
$485,000
1 Bed
1 Bath
895 ft²
|
-
-
|
-
|
Vanessa Moya
Skyrise Commercial Real Estate Advisors, LLC.
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
1120 ft²
|
$500,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Elliot Machado
One Sotheby's International Re
| |
|
05/19/2022
|
2 Bed
|
2 Bath
|
1140 ft²
|
$624,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
Zakty Clark
Peony Realty
| |
|
04/27/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$425,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Angie Alstott
Florida Realty Investments
| |
|
03/14/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$445,000
1 Bed
1 Bath
850 ft²
|
$435,000
-2.25%
06/06/2022
|
Solveig Del Valle PA
One Sotheby's International Re
| ||
|
11/29/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$349,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Juan Abreu
United Real Estate Miami
| |
|
09/15/2021
|
2 Bed
|
2 Bath
|
1190 ft²
|
$610,000
2 Bed
2 Bath
1190 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$355,000
1 Bed
1 Bath
850 ft²
|
$350,000
-1.41%
12/07/2021
|
Ana Tajes
Fortune International Realty Brickell Inc
| ||
|
07/26/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$347,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Keyhla Garcia
Realty Hub
| |
|
06/16/2021
|
2 Bed
|
2 Bath
|
1140 ft²
|
$459,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
Gloria Luque
Affinity International Realty
| |
|
02/15/2021
|
1 Bed
|
1 Bath
|
770 ft²
|
$315,000
1 Bed
1 Bath
770 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
01/15/2021
|
2 Bed
|
2 Bath
|
1120 ft²
|
$440,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Maria Molina
MC Realty Bankers Mortgage Cor
| |
|
12/27/2020
|
1 Bed
|
1 Bath
|
770 ft²
|
$330,000
1 Bed
1 Bath
770 ft²
|
-
-
|
-
|
Diana Caicedo
Brokers, LLC
| |
|
11/30/2020
|
2 Bed
|
2 Bath
|
1170 ft²
|
$400,000
2 Bed
2 Bath
1170 ft²
|
-
-
|
-
|
Maria Paula Ruiz Cantarel
Envirotek Realty
| |
|
11/08/2020
|
2 Bed
|
2 Bath
|
1280 ft²
|
$459,500
2 Bed
2 Bath
1280 ft²
|
-
-
|
-
|
Christopher Zoller
BHHS EWM Realty
| |
|
10/18/2020
|
1 Bed
|
1 Bath
|
770 ft²
|
$299,000
1 Bed
1 Bath
770 ft²
|
-
-
|
-
|
Margarita Cogorno
Radius Realty Group LLC
| |
|
09/22/2020
|
2 Bed
|
2 Bath
|
1140 ft²
|
$455,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
Lina Carrera
Carrera Consulting Group Inter
| |
|
08/15/2020
|
2 Bed
|
2 Bath
|
1120 ft²
|
$440,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
05/08/2020
|
2 Bed
|
2 Bath
|
-
|
$585,000
2 Bed
2 Bath
|
-
-
|
-
|
Alejandro Alvarez Gonzalez
The Keyes Company
| |
|
07/22/2019
|
2 Bed
|
2 Bath
|
1280 ft²
|
$465,000
2 Bed
2 Bath
1280 ft²
|
-
-
|
-
|
Ozzy Morenza
Florida One Realty
| |
|
08/27/2019
|
2 Bed
|
2 Bath
|
1190 ft²
|
$419,000
2 Bed
2 Bath
1190 ft²
|
$377,000
-10.02%
02/04/2020
|
Jason Smith
Keller Williams Coral Gables - Coconut Grove
| ||
|
08/14/2019
|
2 Bed
|
2 Bath
|
1120 ft²
|
$463,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
05/06/2019
|
1 Bed
|
1 Bath
|
900 ft²
|
$340,000
1 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Ana Sierra
Vision Miami RE Analytical Inv
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
1140 ft²
|
$442,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
12/06/2018
|
2 Bed
|
2 Bath
|
1120 ft²
|
$449,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Maria Fuentes
Florida Realty of Miami Corp
| |
|
02/07/2019
|
1 Bed
|
1 Bath
|
-
|
$310,000
1 Bed
1 Bath
|
-
-
|
-
|
Fabiana Hausen
Fortune Christie's International Real Estate
| |
|
02/05/2019
|
1 Bed
|
1 Bath
|
918 ft²
|
$279,500
1 Bed
1 Bath
918 ft²
|
-
-
|
-
|
Carlos Antoni
Luft Realty
| |
|
12/20/2018
|
2 Bed
|
2 Bath
|
-
|
$595,000
2 Bed
2 Bath
|
-
-
|
-
|
Maria Piedad Melendez
One Sotheby's International Realty
| |
|
10/29/2018
|
1 Bed
|
1 Bath
|
850 ft²
|
$290,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
10/15/2018
|
1 Bed
|
1 Bath
|
770 ft²
|
$315,000
1 Bed
1 Bath
770 ft²
|
-
-
|
-
|
LINDA DEGRAVE
One Sotheby's International Realty
| |
|
08/08/2018
|
1 Bed
|
1 Bath
|
895 ft²
|
-
1 Bed
1 Bath
895 ft²
|
-
-
|
-
|
-
| |
|
07/02/2018
|
2 Bed
|
2 Bath
|
1190 ft²
|
-
2 Bed
2 Bath
1190 ft²
|
-
-
|
-
|
Marcela Santa Maria
Weichert Realtors Best Beach R
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1140 ft²
|
-
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
|
-
|
|
03/20/2013
|
1 Bed
|
1 Bath
|
850 ft²
|
$289,900
1 Bed
1 Bath
850 ft²
|
$272,500
-6.00%
08/01/2013
|
-
|
Raechel Esposito
Adache Real Estate LLC
| |
|
06/01/2011
|
2 Bed
|
2 Bath
|
1190 ft²
|
$379,000
2 Bed
2 Bath
1190 ft²
|
$380,000
+0.26%
10/27/2011
|
Bryan Sawchuk
A-1 Florida Real Estate
| ||
|
11/09/2009
|
2 Bed
|
2 Bath
|
1170 ft²
|
$440,000
2 Bed
2 Bath
1170 ft²
|
$400,000
-9.09%
03/19/2010
|
-
|
Alejandro Bonet
Vision Miami RE Analytical Inv
|
Building Info
2475 Brickell Avenue
2475 Brickell Avenue, Miami, FL 33129
- 3 Units for Sale
About Downtown Miami
Similar Homes for Sale
$715,000
- 2 Beds
- 2 Baths
- 1,367 ft²
$729,000
- 2 Beds
- 2 Baths
- 1,100 ft²
Nearby Rentals
Listed by: Soraia Farah
Compass Florida, LLC.
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11512669
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Compass Florida, LLC.
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11512669
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
