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Waterfront · Condominium
$299,000$623 / sqft
1408 Brickell Bay Dr # 1116, Miami FL 33131
Listed
0
Bedrooms
1
Bathrooms
480 sqft
Interior
1964
Year built
$617 / mo
HOA
Condominium
Type
About this home
Welcome to this boutique building along Brickell Bay Drive, up to the 11th floor to a charming studio with direct views of Biscayne Bay. Apartment features tile floors throughout, updated kitchen and a breathtaking view on the relaxing balcony. The building offers secured gated entry, friendly concierge, management onsite, swimming pool and gym. Unit has 1 assigned parking space (uncovered) and building offers a few guest parking before the security gate. Be "In All" that Brickell offers without having to be "In It"...Cool Spot
Features
- Lobby
- First Floor Entry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 studio rentals in Brickell, from 60 active listings; the middle half ask $2,470–$2,999.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.