NOT LISTED FOR SALE

The Palace on Brickell Condo 1541 Brickell Ave Unit 405C Miami, FL 33129

Brickell Neighborhood

Estimated Value: $798,272 - $937,000

2 Beds
2 Baths
1,697 Sq Ft
1981 Built

Last Sold May 04, 2021

Last sale price $510,000 $301 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,768/month

Highlights

  • Full Time Lobby Attendant
  • Gated with Attendant
  • Main Floor Bedroom
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool
  • No HOA

About This Home

As of January 2024

Completely remodeled and absolutely stunning unit at the most sought after PALACE on Brickell Avenue. This North facing corner home has wrap around windows facing the Miami skyline and Bay. Gorgeous new kitchen with an open concept to the living/dining room, 2 large bedrooms with en suite baths, and a bonus home office/den which could also be a children’s play room. This location cannot be beat, being steps away from the financial district, restaurants and shopping at the world-class Brickell City Centre. The Palace is an all amenities building with a spectacular bay front pool, tenis courts, gym, children’s play room, concierge and valet.

Last Agent to Rent the Property

Jorge Suarez

Abitare International Realty License #3029232 Listed on: 10/18/2023

Last Renter's Agent

Maria Carbonell

ONE Commercial LLC License #3282163

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,693

Year Built

  • Built in 1981

Lot Details

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,697 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 10/31/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-39-038-1410

Community Details

Overview

  • No Home Owners Association
  • The Palace Condo
  • The Palace Condo Subdivision

Amenities

  • Full Time Lobby Attendant

Pet Policy

  • Cats Allowed

Security

  • Gated with Attendant
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,693

Year Built

Built in 1981

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Cats OK
  • Available Date: 2023-10-31
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Co List Office Phone: 305-856-1133
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE PALACE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1697
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Bay
  • Pool Features: In Ground, Heated, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PALACE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Gated with Guard, Lobby Attended

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-39-038-1410
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4603
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
May 4, 2021
Sold by
Siegal Sandra Shea and Siegal Anthony A
Bought by
Pereira Maritza L
Seller's Agent
Sandra Shea
United Realty Group, Inc
List Price
$639,000
Sold Price
$510,000
Premium/Discount to List
-$129,000
-20.19%
Current Estimated Value
$860,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,295
Avg. Annual Appreciation
12.82%
Original Mortgage
$285,000
Outstanding Balance
$259,376
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$594,148

Purchase Details

Closed on
May 12, 2004
Sold by
Lelis Vernon Robert and Lelis Vernon
Bought by
Siegel Anthony A and Siegel Sandra Shea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
3.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2000
Sold by
Marie and Sbert Francisco
Bought by
Vernon Robert

Purchase Details

Closed on
Sep 30, 1997
Sold by
Sbert Pedro and Sbert Francisco
Bought by
Sbert Marie

Purchase Details

Closed on
Jan 10, 1995
Sold by
Sbert Pedro
Bought by
Sbert Pedro and Sbert Marie

Purchase Details

Closed on
Sep 30, 1994
Sold by
Gonzalez Eduardo and Gonzalez Elzen
Bought by
Sbert Pedro
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pereira Maritza L $510,000 Cambridge Ttl & Closing Svcs
Siegel Anthony A $415,000 --
Vernon Robert $207,000 --
Sbert Marie $100 --
Sbert Pedro -- --
Sbert Pedro $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Maritza L $285,000
Previous Owner Siegel Anthony A $411,000
Previous Owner Siegel Anthony A $311,250
Previous Owner Sbert Marie $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Rented $5,400 -6.9% --
12/07/2023 12/07/23 Under Contract -- -- --
10/18/2023 10/18/23 For Rent $5,800 -7.9% --
08/24/2022 08/24/22 Rented $6,300 -4.5% --
08/06/2022 08/06/22 Under Contract -- -- --
07/19/2022 07/19/22 For Rent $6,600 0.0% --
05/04/2021 05/04/21 Sold $510,000 -20.2% $298 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
07/13/2020 07/13/20 For Sale $639,000 0.0% $373 / Sq Ft
08/01/2018 08/01/18 Rented $3,200 -20.0% --
07/02/2018 07/02/18 Under Contract -- -- --
06/02/2018 06/02/18 For Rent $4,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,693 $565,777 -- --
2024 $12,743 $617,845 -- --
2023 $12,743 $561,678 $0 $0
2022 $10,526 $510,617 $0 $0
2021 $9,041 $425,514 $0 $0
2020 $9,063 $425,514 $0 $0
2019 $9,083 $425,514 $0 $0
2018 $8,913 $425,514 $0 $0
2017 $9,590 $452,674 $0 $0
2016 $9,766 $420,142 $0 $0
2015 $9,056 $381,948 $0 $0
2014 $8,472 $347,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jorge Suarez

    Abitare International Realty

    (305) 904-7208

    14 in this area

    20 Total Sales

    Section Image
  • Maria Carbonell

    Tenant's Agent in 2024

    Maria Carbonell

    ONE Commercial LLC

    (305) 666-0562

    10 Total Sales

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  • Nancy Fuentes-Diaz

    Seller Co-Listing Agent in 2022

    Nancy Fuentes-Diaz

    Abitare International Realty

    (239) 641-0076

    9 in this area

    16 Total Sales

    Section Image

  • V

    Buyer's Agent in 2022

    Vivianne De Paoli

    London Foster Realty

    (305) 529-6245

    2 in this area

    6 Total Sales

    Section Image

  • S

    Seller's Agent in 2021

    Sandra Shea

    United Realty Group, Inc

    (561) 901-3388

    1 in this area

    5 Total Sales

    Section Image

  • C

    Seller's Agent in 2018

    Cynthia Taylor

    Carole Kay Realty Inc

    (561) 818-7114

    2 Total Sales

    Section Image
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About The Palace on Brickell Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11471286

MIAMI REALTORS® MLS

APN: 01-4139-038-1410

Florida Miami/Dade County Miami 33129 Brickell

1541 Brickell Ave Unit 405C, Miami, FL

This home is located at 1541 Brickell Ave Unit 405C, Miami, FL 33129 since 18 October 2023 and is currently priced at $860,068. This property was built in 1981. 1541 Brickell Ave Unit 405C is a home located in Miami-Dade County with nearby schools including Coral Way K-8 Center, Ponce de Leon Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS 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.

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