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Waterfront · Condominium
$1,485,000$618 / sqft
1581 Brickell Avenue # 406, Miami FL 33129
Listed
3
Bedrooms
4
Bathrooms
2,403 sqft
Interior
1982
Year built
$2,730 / mo
HOA
Condominium
Type
About this home
BOAT SLIP + 3 PARKING SPACES INCLUDED! Expansive 2,403 SF residence at Villa Regina on Brickell Avenue with 3 bedrooms and 4 full bathrooms. Generous living and entertaining areas open to a wraparound terrace with bay and city views. Oversized primary suite features dual full bathrooms, walk-in closets and a private balcony. Full laundry room. Enjoy the existing finishes or personalize to your taste. Amenities include concierge, valet, 24-hour security, bayfront pool, hot tub, fitness center, golf simulator, children's playroom and marina. Includes a 29-foot boat slip that may be sold or leased separately, subject to association approval. Three parking spaces include a tandem arrangement. Minutes from Coconut Grove, Coral Gables, dining and entertainment. Schedule your private showing.
Features
- Pantry
- Walk-In Closet(s)
- Bay
- Bay View
Leasing
- Minimum lease
- Not stated
- No Leasing
- No Lease
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 103 active listings; the middle half ask $6,900–$14,700.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.