NOT LISTED FOR SALE

Estimated Value: $581,616

2 Beds
2 Baths
1,640 Sq Ft
1981 Built

Sale Details

Date Sold: July 31, 2025

Last sale price $530,000 $323 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,621 / mo

391 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Heated Community Pool
  • Community Center
  • Fitness Center
  • Tennis Courts
  • Bike Room

About This Home

As of July 2025

Discover the luxury living in this fantastic apartment located in the heart of Brickell, offers bay and city views. Expansive flow -through layout in this 2/2 bedroom apartment, split plan. Master bedroom poised towards the bay, features sliding glass doors to the balcony. Spacious balconies, laminated floors, walk-in closets. Very private only two apartments per floor 24 hour front desk attending and valet parking. All amenities, including tennis courts, children's playground, heated pool, jacuzzi, covered BBQ area, fitness center, bicycle storage, swimming pool. renowned. Location offers easy access to main highways, to Miami Beach, Coral Gables, The Design District, Coconut Grove, Key Biscayne. Don't miss this opportunity. Seller's are foreigner - FIRTPA. Building undergoing repairs

Last Agent to Sell the Property

Elizabeth Lima

BHHS EWM Realty License #3125096 Listed on: 05/31/2024

BHHS EWM Realty

Last Buyer's Agent

Phavel Ramirez

Fortune Christie's International Real Estate License #3112452

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,206

Year Built

  • Built in 1981

HOA Fees

  • $2,515 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,640 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

Schools

  • Coral Way Elementary School
  • Ponce De Leon Middle School
  • Miami Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-1060

Community Details

Overview

  • 254 Units
  • High-Rise Community
  • The Palace Condo
  • The Palace Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 39-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,206

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$2,515 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Furnished: Unfurnished
  • Living Area: 1640
  • Possible Use: Unknown/Withheld
  • Stories: 39
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Pool Area View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • 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, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Elevator Secure, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 2515
  • Amenities: Barbecue, Bike Storage, Community Room, Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coral Way
  • High School: Miami Senior
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-39-038-1060

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11206

Multi Family

  • Number Of Units In Community: 254
  • Number Of Units Total: 254

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 25, 2025
Sold by
Bought by
Seller's Agent
Elizabeth Lima
BHHS EWM Realty
Buyer's Agent
Phavel Ramirez
Fortune Christie's International Real Estate
List Price
$699,999
Sold Price
$530,000
Premium/Discount to List
-$169,999
-24.29%
Views
75
Current Estimated Value
$581,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,616
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Nov 22, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 Marrero Escrow & Title
$135,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $530,000 -8.6% $323 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $580,000 -3.3% $354 / Sq Ft
01/16/2025 01/16/25 Price Changed $600,000 -2.4% $366 / Sq Ft
09/20/2024 09/20/24 Price Changed $615,000 -2.4% $375 / Sq Ft
08/19/2024 08/19/24 Price Changed $630,000 -10.0% $384 / Sq Ft
06/04/2024 06/04/24 For Sale $699,999 0.0% $427 / Sq Ft
07/01/2020 07/01/20 Rented $2,600 -3.7% --
06/10/2020 06/10/20 Under Contract -- -- --
05/29/2020 05/29/20 Price Changed $2,700 -6.9% $2 / Sq Ft
03/30/2020 03/30/20 Price Changed $2,900 -3.3% $2 / Sq Ft
02/04/2020 02/04/20 Price Changed $3,000 -6.3% $2 / Sq Ft
12/12/2019 12/12/19 Price Changed $3,200 +10.3% $2 / Sq Ft
11/15/2019 11/15/19 For Rent $2,900 0.0% --
10/17/2019 10/17/19 Off Market $2,900 -- --
08/16/2019 08/16/19 For Rent $2,900 +18.4% --
09/20/2018 09/20/18 Rented $2,450 0.0% --
09/02/2018 09/02/18 Under Contract -- -- --
08/13/2018 08/13/18 For Rent $2,450 0.0% --
08/09/2018 08/09/18 Under Contract -- -- --
07/26/2018 07/26/18 Price Changed $2,450 -10.9% $1 / Sq Ft
06/01/2018 06/01/18 Price Changed $2,750 -5.2% $2 / Sq Ft
01/29/2018 01/29/18 For Rent $2,900 +11.5% --
04/22/2014 04/22/14 Rented $2,600 -3.7% --
03/23/2014 03/23/14 Under Contract -- -- --
02/12/2014 02/12/14 For Rent $2,700 +10.2% --
06/10/2013 06/10/13 Rented $2,450 -5.8% --
05/11/2013 05/11/13 Under Contract -- -- --
04/24/2013 04/24/13 For Rent $2,600 +13.0% --
05/10/2012 05/10/12 Rented $2,300 -6.1% --
04/10/2012 04/10/12 Under Contract -- -- --
02/13/2012 02/13/12 For Rent $2,450 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,351 $553,945
2024 $11,206 $524,760
2023 $11,206 $477,055 $0 $0
2022 $9,200 $433,687 $0 $0
2021 $8,377 $394,261 $0 $0
2020 $8,397 $394,261 $0 $0
2019 $8,416 $394,261 $0 $0
2018 $8,258 $394,261 $0 $0
2017 $8,885 $419,427 $0 $0
2016 $9,049 $389,290 $0 $0
2015 $8,391 $353,900 $0 $0
2014 $7,850 $321,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11598206

MIAMI REALTORS® MLS

APN: 01-4139-038-1060

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