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Waterfront · Condominium
$1,200,000$431 / sqft
905 Brickell Bay Dr # 230, Miami FL 33131
Listed
3
Bedrooms
3
Bathrooms
2,783 sqft
Interior
1968
Year built
$2,546 / mo
HOA
Condominium
Type
About this home
Introducing Suite 230 in the Four Ambassadors. One of the largest units in the building with 2,783 sq ft and direct views of the intracoastal. 3 Bedrooms and 3.5 Bathrooms with a desirable, spacious split floor plan. Two separate entrances lead to two primary suites with large bathrooms and plenty of closet space. The unit was recently updated featuring a larger, open living area, kitchen with quartz countertops, washer and dryer in unit, and porcelain tile. Maintenance includes electricity, air conditioning, and water. The building features full amenities. Four Ambassadors has an incredible location that is walking distance to some of Brickell's finest dining, Brickell City Centre, Brickell Key, and Brickell's best entertainment. This unit also has zoning to allow office space.
Features
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Other
- Bay
- Intracoastal View
- Water View
Leasing
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.