$335,000
SOLD APR 16, 2021

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

Brickell Neighborhood
1 Bed
1.5 Baths
1,117 Sq Ft
$917/mo HOA Fee

Recently Sold

$300 Per Sq Ft

6% Below List Price

39 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Deck
  • Ocean Front
  • Clubhouse
  • Marble Flooring

About This Home

As of January 2024

Spectacular apartment on the 8th floor with a large enclosed balcony and great ocean views. The apartment was redone with exquisite taste, to minimum details. The Palace Condo has 2 tennis courts, newly renovated decks, pool, kids play ground, and valet parking. You can walk to the metro-rail , restaurants, and brickell city center. Furniture can be purchased separately.

Last Agent to Sell the Property

Elizabeth Palacio

Fortune Christie's International Real Estate License #3180555 Listed on: 12/18/2020

Fortune Christie's International Real Estate

Last Buyer's Agent

Brigid Prio

BHHS EWM Realty License #3238218

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,599

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $917 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Attached Carport
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • 1,117 Sq Ft Home
  • Condo Hotel
  • Entry on the 8th floor

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

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
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,599

Year Built

Built in 1981

Lot Details

0

HOA Fees

$917 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Entry Level: 8
  • 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: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1117
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 40
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View, Water View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Palace Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Doorman, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 917
  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Exterior Lighting, Child Play Area, Pool, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

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

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 917

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6599

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 Type Sale Price Title Company
Warranty Deed $555,000 First International Title
Warranty Deed $335,000 Attorney
Warranty Deed $246,000 Attorney
Warranty Deed $271,900 New Republic Title Inc
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,250 New Conventional
Previous Owner $50,250 New Conventional
Previous Owner $251,250 New Conventional
Previous Owner $186,400 Unknown
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

    1 in this area

    55 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: A10973182

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 and is currently priced at $335,000, approximately $299 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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