NOT LISTED FOR SALE

The Palace on Brickell Condo 1541 Brickell Ave Unit C807 Miami, FL 33129

Brickell Neighborhood

Estimated Value: $535,570 - $633,000

1 Bed
1.5 Baths
1,117 Sq Ft
$1,397/mo HOA Fee

Last Sold January 30, 2024

Last sale price $555,000 $497 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,337/month

185 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Marble Flooring
  • Direct Ocean View
  • Fitness Center
  • Heated Community Pool

About This Home

As of January 2024

In the entire MLS history only 9 one bedrooms have ever sold at THE PALACE. #C807 offers a rare opportunity indeed to own in a coveted building built by Arquitectonica where the average residence is valued over a million. This oversized, bayfront unit boasts gorgeous views 24/7 of Biscayne Bay, abundant living space with 1117 sf and room for a den/guest bedroom & sublime primary suite new walnut like floors, walk-in closet, en-suite bathroom & vanity. Features include marble floors, washer/dryer, 5 extra closets, new A/C,inviting balcony, parking space & EV station. The Palace offers luxurious amenities include new pool & deck, BBQ pavilion, tennis, play area, gym,concierge, free valet and premium location in the original residential area of Brickell just 5 min to the Grove. SEE THE VIDEO.

Last Agent to Sell the Property

Brigid Prio

BHHS EWM Realty License #3238218 Listed on: 07/13/2023

BHHS EWM Realty

Last Buyer's Agent

Christy Lynch

Coldwell Banker Realty License #3164044

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,799

Year Built

  • Built in 1981

Lot Details

  • West Facing Home

HOA Fees

  • $1,397 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,117 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bidet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-038-2150

Community Details

Overview

  • High-Rise Condominium
  • The Palace Condo
  • The Palace Condo Subdivision
  • Car Wash Area
  • 40-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Elevator
  • Bike Room

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Security

  • Partial Accordion Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,799

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,397 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: The Palace is located on Brickell Avenue right on Biscayne Bay just south of St. Jude Church on SE 15th Road. Valet parking is free.
  • Entry Level: 8
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Fire Sprinklers, Entrance Foyer, Pantry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Marble, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1117
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Partial Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: West
  • 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, Parking-Under Building, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, TV Camera

Condo/Co-op/Association

  • Association Fee: 1397
  • Amenities: Bike Storage, Barbecue, Community Room, Elevator(s), Exercise Room, Heated Pool, Child Play Area, Pool, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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: 01-41-39-038-2150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Jan 31, 2024
Sold by
Prio Isabella Sophia and Prio Riley
Bought by
Mcelvein Veronique
Seller's Agent
Brigid Prio
BHHS EWM Realty
Buyer's Agent
Christy Lynch
Coldwell Banker Realty
List Price
$649,000
Sold Price
$555,000
Premium/Discount to List
-$94,000
-14.48%
Views
61
Current Estimated Value
$590,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,393
Avg. Annual Appreciation
3.77%
Original Mortgage
$416,250
Outstanding Balance
$408,894
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$181,499

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 14, 2021
Sold by
Palace C 807 Llc
Bought by
Prio Isabella Sophia
Seller's Agent
Elizabeth Palacio
Fortune Christie's International Real Estate
Buyer's Agent
Brigid Prio
BHHS EWM Realty
List Price
$355,000
Sold Price
$335,000
Premium/Discount to List
-$20,000
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.83%
Original Mortgage
$50,250
Interest Rate
2.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Gordon Faye Ilana
Bought by
Palace C & 807 Llc

Purchase Details

Closed on
Aug 20, 2003
Sold by
Pouget Olga
Bought by
Gordon Faye Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2000
Sold by
Estefan Jorge A
Bought by
Pouget Olga
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
Mcelvein Veronique $555,000 First International Title
Prio Isabella Sophia $335,000 Attorney
Palace C & 807 Llc $246,000 Attorney
Gordon Faye Ilana $271,900 New Republic Title Inc
Pouget Olga $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelvein Veronique $416,250
Previous Owner Prio Isabella Sophia $50,250
Previous Owner Prio Isabella Sophia $251,250
Previous Owner Gordon Faye Ilana $186,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $555,000 -3.5% $497 / Sq Ft
11/30/2023 11/30/23 Price Changed $575,000 -4.0% $515 / Sq Ft
10/09/2023 10/09/23 Price Changed $599,000 -3.4% $536 / Sq Ft
09/22/2023 09/22/23 Price Changed $620,000 -4.5% $555 / Sq Ft
07/28/2023 07/28/23 For Sale $649,000 +93.7% $581 / Sq Ft
04/16/2021 04/16/21 Sold $335,000 -5.6% $300 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $355,000 0.0% $318 / Sq Ft
12/21/2020 12/21/20 Price Changed $355,000 -6.3% $318 / Sq Ft
12/12/2020 12/12/20 For Sale $379,000 -- $339 / Sq Ft
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 $9,720 $436,671 -- --
2024 $7,012 $485,190 -- --
2023 $7,012 $382,972 $0 $0
2022 $6,799 $371,818 $0 $0
2021 $6,583 $309,848 $0 $0
2020 $6,599 $309,848 $0 $0
2019 $6,614 $309,848 $0 $0
2018 $6,490 $309,848 $0 $0
2017 $6,983 $329,626 $0 $0
2016 $7,303 $308,894 $0 $0
2015 $6,774 $280,813 $0 $0
2014 $6,342 $255,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brigid Prio

    Seller's Agent in 2024

    Brigid Prio

    BHHS EWM Realty

    (305) 321-7335

    4 in this area

    59 Total Sales

    Brigid Prio
    Section Image

  • C

    Buyer's Agent in 2024

    Christy Lynch

    Coldwell Banker Realty

    (786) 295-3270

    2 in this area

    57 Total Sales

    Christy Lynch
    Section Image

  • E

    Seller's Agent in 2021

    Elizabeth Palacio

    Fortune Christie's International Real Estate

    (917) 664-5477

    2 in this area

    3 Total Sales

    Elizabeth Palacio
    Section Image
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About The Palace on Brickell Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11418739

MIAMI REALTORS® MLS

APN: 01-4139-038-2150

Florida Miami/Dade County Miami 33129 Brickell

1541 Brickell Ave Unit C807, Miami, FL

This home is located at 1541 Brickell Ave Unit C807, Miami, FL 33129 since 13 July 2023 and is currently estimated at $590,393, approximately $528 per square foot. This property was built in 1981. 1541 Brickell Ave Unit C807 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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