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Waterfront · Condominium
$815,000$662 / sqft
1200 Brickell Bay Dr # 1702, Miami FL 33131
Listed
3
Bedrooms
2
Bathrooms
1,232 sqft
Interior
2004
Year built
$1,050 / mo
HOA
Condominium
Type
About this home
Spectacular sky residence in the heart of Brickell offering ocean views from balcony. Spacious wrap around balcony 3B/2B – Most desirable line of the building. Protected view. TURNKEY, perfect floorplan. Full-service resort-style building w/: Concierge, Valet, 2 Pools, Jacuzzi, State-of-the-art Gym, Sauna, Game Room, Social Lounge, Kids Room, BBQ Area. Steps away from best restaurants & shopping in Miami. Just minutes from Beaches & MIA Airport. Low HOA includes Ultra-High Speed Internet, HD Cable and Water. Perfect 2nd home or investment property/Airbnb. NO SHORT TERM RENTAL RESTRICTIONS. Incredible ROI. MUST SEE!
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Elevator
- Walk-In Closet(s)
- Open Balcony
- Bay
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 360
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Brickell, from 117 active listings; the middle half ask $7,350–$14,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.