1541 Brickell Ave # C1607, Miami FL 33129
About this home
Incredible opportunity to own a 3-bedroom, 2.5-bath corner residence in the coveted “step” section of The Palace Condominium, one of only a few of its kind in the building. This spacious and private home offers a highly desirable floor plan, porcelain floors throughout, and a large terrace with breathtaking Biscayne Bay views, perfect for enjoying morning coffee at sunrise or dinners under the moonlight. The residence includes two assigned parking spaces and is ideally located in the residential section of Brickell Avenue, just a short walk to top restaurants, entertainment, and the Financial District. The Palace offers excellent amenities, including newly redesigned summer kitchen areas, fitness center, tennis courts, kids’ playroom, and valet for guests.
Features
- Lobby
- First Floor Entry
- Elevator
- Utility Room/Laundry
- Barbeque
- Open Balcony
- Tennis Court(s)
- Bay
- Garden View
- Ocean View
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $7,074
- HOA
- $3,017 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.