NOT LISTED FOR SALE

The Palace on Brickell Condo 1541 Brickell Ave Unit C1007 Miami, FL 33129

Brickell Neighborhood

Estimated Value: $556,000 - $592,000

1 Bed
1.5 Baths
1,117 Sq Ft
1981 Built

Highlights

  • Full Time Lobby Attendant
  • Fitness Center
  • In Ground Pool
  • Property Fronts a Bay or Harbor
  • Gated with Attendant
  • Roman Tub

About This Home

As of December 2022

Rarely available, one of the largest 1 bedroom 1.5 baths apartment for lease in Brickell at The Palace Condo.
Great closet space and large balcony overlooking the bay and pool area.
Building is professionally managed and strategically located with an easy walk to the Financial District, Brickell City Center and all area restaurants and entertainment venues.
The Palace Condo offers complimentary valet parking for your guests, 24 hrs lobby and gatehouse security, tennis courts, children's play room, exercise room and a relaxing pool area by the bay.

Last Agent to Rent the Property

Solveig Ingrid del Valle

Edge 1 Realty License #0603879 Listed on: 08/20/2022

Co-Listed By

Nicholas Ramirez

Edge 1 Realty License #3331957

Last Renter's Agent

Vanessa De Formanoir

Compass Florida, LLC License #3304822

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Southeast Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking
  • Secure Parking

Property Views

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,117 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Door Monitored By TV

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 8/20/22
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-39-038-2170

Community Details

Overview

  • No Home Owners Association
  • High-Rise Community
  • The Palace Condo
  • The Palace Condo Subdivision
  • 40-Story Property

Amenities

  • Full Time Lobby Attendant
  • Community Center
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Cats Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complex Is Fenced
  • Walled
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: Cats OK
  • Available Date: 2022-08-20
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: EDGY01
  • Co List Office Phone: 305-915-5836
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 40
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE PALACE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 40

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Roman Tub, Walk-In Closet(s), Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1117
  • Other Equipment: Elevator
  • Spa Features: Community
  • Stories: 40
  • Window Features: Blinds, Sliding
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Foyer

Exterior Features

  • View: Bay, Pool, Water
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Security: Fire Alarm, Smoke Detector, Building Security, Complex Fenced, Gated with Guard, Lobby Attended, Key/Card Entry Parking, TV Monitor, Walled

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Management On Site, Child Play Area, Spa/Hot Tub
  • Association: No
  • Community Features: Additional Amenities, Pool, Tennis Court(s), Exercise Room, Gated Community, Management On Site, Spa/Hot Tub

Lot Info

  • Parcel Number: 01-41-39-038-2170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4603
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Palace 1007 Llc
Bought by
Henning Hayley and Henning Hayley
Current Estimated Value
$569,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$423,670
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$145,674

Purchase Details

Closed on
Mar 17, 2010
Sold by
Fucito Gerardo
Bought by
Palace 1007 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Newland Finance Corp
Bought by
Fucito Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 1993
Sold by
Reaves W Shelby and Reaves Sylvia P
Bought by
Newland Fin Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henning Hayley $545,000 None Listed On Document
Palace 1007 Llc $240,000 Attorney
Fucito Gerardo $249,000 --
Newland Fin Corp $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henning Hayley $436,000
Previous Owner Palace 1007 Llc $144,000
Previous Owner Fucito Gerardo $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Rented $3,200 -3.0% --
11/23/2022 11/23/22 Under Contract -- -- --
08/30/2022 08/30/22 Price Changed $3,300 -5.7% $3 / Sq Ft
08/20/2022 08/20/22 For Rent $3,500 +16.7% --
08/01/2021 08/01/21 Rented $3,000 0.0% --
07/27/2021 07/27/21 Under Contract -- -- --
07/02/2021 07/02/21 For Rent $3,000 +11.1% --
03/03/2021 03/03/21 Rented $2,700 -3.6% --
02/22/2021 02/22/21 Under Contract -- -- --
10/30/2020 10/30/20 Price Changed $2,800 -6.7% $3 / Sq Ft
10/06/2020 10/06/20 For Rent $3,000 -- --
Source: MIAMI REALTORS® MLS

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 $9,067 $444,933 -- --
2024 $8,973 $494,370 -- --
2023 $8,973 $381,977 $0 $0
2022 $7,367 $347,252 $0 $0
2021 $6,707 $315,684 $0 $0
2020 $6,723 $315,684 $0 $0
2019 $6,739 $315,684 $0 $0
2018 $6,612 $315,684 $0 $0
2017 $7,114 $335,834 $0 $0
2016 $7,441 $314,722 $0 $0
2015 $6,902 $286,111 $0 $0
2014 $6,461 $260,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Ramirez

    Landlord's Co-Listing Agent in 2022

    Nicholas Ramirez

    Edge 1 Realty

    (305) 915-5836

    6 in this area

    50 Total Sales

    Nicholas Ramirez
    Section Image
  • Vanessa De Formanoir

    Tenant's Agent in 2022

    Vanessa De Formanoir

    Compass Florida, LLC

    (786) 431-9410

    2 in this area

    23 Total Sales

    Vanessa De Formanoir
    Section Image
  • Denis Suarez

    Buyer's Agent in 2021

    Denis Suarez

    Coldwell Banker Realty

    (786) 537-4637

    37 Total Sales

    Denis Suarez
    Section Image
  • Bryan Harr

    Buyer's Agent in 2021

    Bryan Harr

    One Sotheby's International Realty

    (305) 401-7578

    1 in this area

    38 Total Sales

    Bryan Harr
    Section Image
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About The Palace on Brickell Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11259748

MIAMI REALTORS® MLS

APN: 01-4139-038-2170

Florida Miami/Dade County Miami 33129 Brickell

1541 Brickell Ave Unit C1007, Miami, FL

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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