$329,500
●
Condo -
For Sale
540 Brickell Key Drive #1721
Miami, FL 33131
Studio
1 Bath
480 Ft²
$2,527
Est. Monthly
$550
HOA / Fees
6.39%
Cap Rate
About This Property
Bright studio apartment with beautiful dual views of the water and
the Brickell skyline, located on the private, gated island of
Brickell Key. Apartment has updated bathroom and recent paint and
feature wall. The apartment has a balcony where you can have a
lounge chair and enjoy the sun and water views. The island
has 24-hour security, so it's a very safe and peaceful place to
live. Brickell Key also has a central park with fountains and a
playground, and hosts monthly community events like free outdoor
concerts. The island is mostly residential, but still has
everything you need right there, including an Italian restaurant,
sushi restaurant, cafe, supermarket, vet, and beauty salon.
Unit Size
480 Ft²
Days on Market
176 days
Land Size
-
Price per sqft
$686
Property Type
Condo
Property Taxes
$358
HOA Dues
$550
Year Built
-
Listed By
Moe Mossa
Savvy Avenue, LLC
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Beaches MLS #B26013386)
Price History
Property Highlights
Doorman
Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Other
Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Tile
Laundry Features: Other, WasherDryerInstallAllowed
Exterior Details
Has Property Attached
Square Footage: 480
Square Footage Source: $0
Security Features: Gated Community
Property Condition: Resale
Year Built: 1991
Waterfront Features: Bayfront, Seawall, None
Building Area Total: 480
Levels: One
Construction Materials: Frame, Stucco
Water Source: Public
Financial Details
Tax Annual Amount: $4,300
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Internet, CommonAreas
HOA/Condo/Coop Amenities: Dog Park, Fitness Center, Gated, Management, Maintenance, Picnic Area, Sauna, Spa/Hot Tub, Tennis Court(s), Pickleball, Sidewalks
HOA Fee: $550
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2023
|
1 Bed
|
1.5 Bath
|
720 ft²
|
$430,000
1 Bed
1.5 Bath
720 ft²
|
$420,000
-2.33%
08/17/2023
|
Julieta Suarez Lepre
Lauge Realty Group
| |
|
08/02/2022
|
1 Bed
|
1 Bath
|
650 ft²
|
$330,000
1 Bed
1 Bath
650 ft²
|
$330,000
01/24/2023
|
Howard Townsend Jr
Beachfront Realty, Inc
| |
|
06/01/2022
|
1 Bed
|
2 Bath
|
790 ft²
|
$430,000
1 Bed
2 Bath
790 ft²
|
$430,000
07/12/2022
|
Daniela Luces Hernandez
Newgard Realty
| |
|
04/22/2022
|
Studio
|
1 Bath
|
370 ft²
|
$299,000
Studio
1 Bath
370 ft²
|
$287,000
-4.01%
07/20/2022
|
Jorge Abreu
Wyser Homes, LLC
| |
|
10/08/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$349,000
1 Bed
1 Bath
700 ft²
|
$355,000
+1.72%
04/28/2022
|
Steve J Shalaby
United Realty Group, Inc
| |
|
09/22/2021
|
2 Bed
|
2 Bath
|
-
|
$530,000
2 Bed
2 Bath
|
$455,000
-14.15%
03/15/2022
|
Andres De Jesus
Best International Realty
| |
|
07/28/2021
|
2 Bed
|
2 Bath
|
1030 ft²
|
$515,000
2 Bed
2 Bath
1030 ft²
|
$495,000
-3.88%
12/03/2021
|
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
| |
|
07/23/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$260,000
1 Bed
1 Bath
700 ft²
|
$240,000
-7.69%
09/24/2021
|
Morgan R DeMartini
Charles Rutenberg Realty FTL
| |
|
06/10/2021
|
1 Bed
|
2 Bath
|
700 ft²
|
$315,000
1 Bed
2 Bath
700 ft²
|
$280,000
-11.11%
11/12/2021
|
Ana Gonzalez
Unlimited Real Estate Corp.
| |
|
05/18/2021
|
1 Bed
|
1 Bath
|
790 ft²
|
$345,000
1 Bed
1 Bath
790 ft²
|
$345,000
12/16/2021
|
Lianna Bianco
Premier Int'l Properties Group
| |
|
04/15/2021
|
1 Bed
|
2 Bath
|
690 ft²
|
$347,000
1 Bed
2 Bath
690 ft²
|
$337,000
-2.88%
07/06/2021
|
Constanza Profeta
477 International Realty
| |
|
03/02/2021
|
1 Bed
|
2 Bath
|
700 ft²
|
$289,500
1 Bed
2 Bath
700 ft²
|
$265,000
-8.46%
11/09/2021
|
Glika Weinreb
Cervera Real Estate Inc
| |
|
01/20/2021
|
2 Bed
|
2 Bath
|
1030 ft²
|
$516,000
2 Bed
2 Bath
1030 ft²
|
$431,000
-16.47%
08/10/2021
|
Andreina Lecue
Avanti Way
| |
|
12/03/2020
|
1 Bed
|
2 Bath
|
690 ft²
|
$340,000
1 Bed
2 Bath
690 ft²
|
$330,000
-2.94%
08/04/2021
|
Armando Santana
Weichert Realtors Best Beach R
| |
|
08/11/2020
|
2 Bed
|
2 Bath
|
1030 ft²
|
$379,000
2 Bed
2 Bath
1030 ft²
|
$371,000
-2.11%
11/02/2020
|
Ximena Rodriguez
Avanti Way
| |
|
06/20/2020
|
2 Bed
|
2 Bath
|
1030 ft²
|
$399,999
2 Bed
2 Bath
1030 ft²
|
$385,000
-3.75%
08/13/2020
|
Juan Zuluaga
Graber Realty Group LLC
| |
|
05/05/2020
|
3 Bed
|
3 Bath
|
1560 ft²
|
$749,900
3 Bed
3 Bath
1560 ft²
|
$735,000
-1.99%
08/20/2020
|
Veronica Crego-Flores
Genstone Realty
| |
|
02/12/2020
|
2 Bed
|
2 Bath
|
1060 ft²
|
$469,000
2 Bed
2 Bath
1060 ft²
|
$375,000
-20.04%
10/19/2020
|
Waldina Suarez
Real Estate Sales Force
| |
|
01/18/2020
|
2 Bed
|
2 Bath
|
1060 ft²
|
$399,500
2 Bed
2 Bath
1060 ft²
|
-
-
|
MILEIDYS CABEZAS
PROMISED HOME REALTY INC
| |
|
07/19/2019
|
1 Bed
|
2 Bath
|
600 ft²
|
$305,990
1 Bed
2 Bath
600 ft²
|
$191,500
-37.42%
03/16/2020
|
Cristy De Toro
One Stop Realty
| |
|
12/14/2018
|
2 Bed
|
2 Bath
|
1050 ft²
|
$319,999
2 Bed
2 Bath
1050 ft²
|
$290,000
-9.37%
05/13/2019
|
Raymond De Leon
One Sotheby's International Realty
| |
|
05/03/2018
|
1 Bed
|
2 Bath
|
720 ft²
|
$259,000
1 Bed
2 Bath
720 ft²
|
$230,000
-11.20%
02/01/2019
|
Maria Mariana
Fortune International Realty
| |
|
04/12/2013
|
1 Bed
|
1 Bath
|
640 ft²
|
$250,000
1 Bed
1 Bath
640 ft²
|
$245,000
-2.00%
07/29/2013
|
Adam Adache
Adache Real Estate, LLC
| |
|
08/23/2012
|
2 Bed
|
2 Bath
|
1060 ft²
|
$350,000
2 Bed
2 Bath
1060 ft²
|
$335,000
-4.29%
11/13/2012
|
Henrik Hesselman
Better Homes & Gdns RE Fla 1st
| |
|
05/18/2012
|
1 Bed
|
2 Bath
|
720 ft²
|
$245,000
1 Bed
2 Bath
720 ft²
|
$230,000
-6.12%
09/28/2012
|
Fernando Alves
Charles Rutenberg Realty LLC
| |
|
05/07/2012
|
2 Bed
|
2 Bath
|
1060 ft²
|
$325,000
2 Bed
2 Bath
1060 ft²
|
$300,000
-7.69%
07/02/2012
|
Eric Solomon
Solomon Homes
| |
|
10/22/2010
|
1 Bed
|
2 Bath
|
700 ft²
|
$153,000
1 Bed
2 Bath
700 ft²
|
$150,000
-1.96%
12/22/2010
|
Todd Hamilton
United Realty Consultants
| |
|
01/06/2009
|
1 Bed
|
1 Bath
|
600 ft²
|
$148,000
1 Bed
1 Bath
600 ft²
|
$148,000
04/06/2009
|
Mohammed Siddiq
MAIN REALTY
| |
|
07/01/2006
|
2 Bed
|
2 Bath
|
1040 ft²
|
$469,000
2 Bed
2 Bath
1040 ft²
|
$440,000
-6.18%
02/27/2007
|
Yael Warman
Right About Real Estate
|
Building Info
540 Brickell Key Drive
540 Brickell Key Drive, Miami, FL 33131
- 3 Units for Sale
About Downtown Miami
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$4,600 /mo
- 1 Bed
- 2 Baths
- 938 ft²
$3,400 /mo
- 1 Bed
- 1 Bath
- 732 ft²
Listed by: Moe Mossa
Savvy Avenue, LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# B26013386
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Savvy Avenue, LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# B26013386
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017