Seller's Agent in 2024
Brigid Prio
BHHS EWM Realty
(305) 321-7335
4 in this area
59 Total Sales
The Palace on Brickell Condo 1541 Brickell Ave Unit C807 Miami, FL 33129
Brickell Neighborhood
1
Bed
1.5
Baths
1,117
Sq Ft
$1,397/mo
HOA Fee
Highlights
- Doorman
- Property Fronts a Bay or Harbor
- Marble Flooring
- Direct Ocean View
- Fitness Center
- Heated Community Pool
About This Home
As of January 2024In 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.
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
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Christy Lynch
C
Buyer's Agent in 2024
Christy Lynch
Coldwell Banker Realty
(786) 295-3270
1 in this area
55 Total Sales
-
Elizabeth Palacio
E
Seller's Agent in 2021
Elizabeth Palacio
Fortune Christie's International Real Estate
(917) 664-5477
2 in this area
3 Total Sales
About The Palace on Brickell Condo
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11418739
APN: 01-4139-038-2150
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.
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.
Nearby Homes
- 1541 Brickell Ave Unit A3002
- 1541 Brickell Ave Unit C1007
- 1541 Brickell Ave Unit A2102
- 1541 Brickell Ave Unit C2705
- 1541 Brickell Ave Unit A1701
- 1541 Brickell Ave Unit C1507
- 200 SE 15th Rd Unit 6F
- 200 SE 15th Rd Unit 4E
- 200 SE 15th Rd Unit 9I
- 200 SE 15th Rd Unit 6B
- 1581 Brickell Ave Unit 2105
- 1581 Brickell Ave Unit T104
- 1581 Brickell Ave Unit 506
- 1581 Brickell Ave Unit 508
- 1581 Brickell Ave Unit PH102
- 1581 Brickell Ave Unit 1705
- 1581 Brickell Ave Unit 1007
- 1581 Brickell Ave Unit 1408
- 1581 Brickell Ave Unit 101/102
- 1581 Brickell Ave Unit 1107