$575,000
$75K PRICE DROP

Estimated payment $5,127/month

Total Views 1,310
2 Beds
2 Baths
1,117 Sq Ft
$515 Price per Sq Ft

Highlights

  • Valet Parking
  • Fitness Center
  • Community Pool
  • Property Fronts a Bay or Harbor
  • Sauna
  • Balcony

About This Home

Enjoy modern city living in this beautifully renovated 1-bedroom + den residence, featuring a versatile den (8.1 ft x 7.5 ft) and an additional room adjacent to the primary bedroom (7 ft x 7.1 ft), ideal as a walk-in closet, office, or nursery. This 2 full bath waterfront home is perfectly suited for a young family or those expecting. The thoughtfully designed layout offers an open kitchen with stainless steel appliances, ample storage, and an in-unit washer and dryer. Step onto a spacious balcony and take in serene views of palm trees and Biscayne Bay. Residents enjoy a full suite of amenities including a fully equipped gym, two lighted tennis courts, jacuzzi, lounge areas, gazebo, kids’ playroom, and BBQ area. A great opportunity, currently reduced to $575,000 due to upcoming pool renovations (June 2026–June 2027). Once completed, values are expected to increase. During this time, residents will have complimentary access to the pool at the nearby Marriott Hotel Arch, just a short 5-minute walk from The Palace. Located in the heart of Brickell, just steps from top dining, shopping, and entertainment, this residence offers the ideal blend of convenience, lifestyle, and premier Miami living.

Listing Agent

Lisandra Martinez

Barnes International Realty, LLC License #3427711 Listed on: 11/24/2025

Co-Listing Agent

Mai-Vy Hoang

Barnes International Realty, LLC License #3543209

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,977

Year Built

  • Built in 1981

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,117 Sq Ft Home
  • Blinds
  • Family or Dining Combination
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rip-Rap
  • Outdoor Grill

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-1760

Community Details

Overview

  • High-Rise Community
  • The Palace Condo Unit C 4 Condos
  • The Palace Condo Subdivision
  • 39-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Partial Accordion Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,977

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$1,600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: BINR01
  • Co List Office Phone: 305-361-2233
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 575000
  • InternetRemarks: This well-designed 1 bedroom + den, 2 bath Brickell residence offers an open kitchen, spacious balcony with palm and bay views.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1117
  • Stories: 39
  • Window Features: Partial Accordian Shutters, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Rip Rap
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE PALACE CONDO UNIT C-4
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1600
  • Amenities: Child Play Area, Elevator(s), Exercise Room, Pool, Sauna, 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: 01-41-39-038-1760

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4977

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,832 $291,178 -- --
2024 $4,787 $282,972 -- --
2023 $4,787 $274,731 $0 $0
2022 $4,633 $266,730 $0 $0
2021 $4,615 $258,962 $0 $0
2020 $4,629 $258,962 $0 $0
2019 $4,639 $258,962 $0 $0
2018 $4,545 $258,962 $0 $0
2017 $5,836 $275,491 $0 $0
2016 $3,641 $208,418 $0 $0
2015 $3,681 $206,970 $0 $0
2014 $3,722 $205,328 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 Under Contract -- -- --
04/15/2026 04/15/26 Price Changed $575,000 0.0% $515 / Sq Ft
03/16/2026 03/16/26 Price Changed $3,700 -7.5% $3 / Sq Ft
02/02/2026 02/02/26 Price Changed $4,000 0.0% $4 / Sq Ft
02/02/2026 02/02/26 Price Changed $599,000 0.0% $536 / Sq Ft
11/25/2025 11/25/25 For Rent $4,500 0.0% --
11/24/2025 11/24/25 For Sale $649,500 0.0% $581 / Sq Ft
01/10/2025 01/10/25 Rented $4,100 -5.7% --
11/08/2024 11/08/24 For Rent $4,350 -- --
Source: MIAMI REALTORS® MLS

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 Type Sale Price Title Company
Warranty Deed $320,000 Attorney
Quit Claim Deed $163,400 Lsi
Interfamily Deed Transfer -- Attorney
Warranty Deed $245,000 --
Interfamily Deed Transfer $58,700 --
Warranty Deed $133,500 --
Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $150,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $129,600 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11916568

MIAMI REALTORS® MLS

APN: 01-4139-038-1760

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