Home » Miami » Brickell Bay Tower at 1408 Brickell Bay Dr Miami » 1408 Brickell Bay Dr 518, Miami, Florida 33131 | A11284047

Sold 1408 Brickell Bay Dr 518, Miami, Florida 33131

$450,000
closed for a price of $430,000

Property Highlights

Listing ID A11284047 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,098 Sqft/102.01 m2 approx. Building Area 1,098 Sqft/102.01 m2 approx. COMMUNITY POOL Year Built 1964 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 234 Days

1408 Brickell Bay Dr 518, Miami, Florida 33131

Property Description: Location, Location, Location. A bayside beauty and in the heart of Brickell 's finance and business district. This very well kept 2 bed 2 bath unit with bay view is also with in walking distance to various restaurant 's, shopping and entertainment. 20% minimum down payment require for conventional financial.

Residential Condominium Sold located at 1408 Brickell Bay Dr 518 Miami Florida 33131 in Miami-Dade County referenced as ID MLS # A11284047. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$499,999
Original List Price:$550,000
Close Price:$430,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:12
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bay Front
Swimming Pool Features:
  • Association
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Other
  • Custom Mirrors
Exterior Features:
  • Balcony
  • Storm/security Shutters
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$2,982

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$750
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Other
  • Elevator(s)
Subdivision Name:BRICKELL BAY TOWER CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Parking
  • Amenities
Complex Name:Brickell Bay Tower
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Central Avenue Elem
High School:Miami Senior
Middle Or Junior School:Shenandoah

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActNo HOPA
Water AccessNone
Unit DesignCorner Unit
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Buyer Country of ResidenceUnknown/Withheld
Number of times allowed to lease per year1
Flood ZoneVE
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsVE
Municipal Code1
Subdivision Number26

Zoning and Legal

Tax Legal Description:BRICKELL BAY TOWER CONDO UNIT 518 - 5TH FLOOR UNDIV .56745% INT IN COMMON ELEMENTS CLERKS FILE 73R310362 OR 10047-512 0578 1 COC 25490-3097
Real Estate Folio Number (Parcel Number):01-41-40-026-0780
Public Survey Township:1
Public Survey Range:41
Public Survey Section:40

Listing History

Update/EventDate/Days
Published Date:October 4, 2022 12:00 am
On Market Date:October 4, 2022
Close Date:May 26, 2023
Price Change Date Time:February 6, 2023 1:06 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 30, 2023 10:31 am
Status Last Changed:May 30, 2023 10:31 am
Photos Last Modified:April 13, 2023 9:37 pm
Last Modified:May 30, 2023 2:32 pm
Days on the Market (updated on Last Modified*):146
Cumulative Days on the Market (updated on Last Modified**):146

Additional Information

Unit Location:Corner Unit
Number of Photos:14
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Floridian First Realty Corp
Universal Property Id:US-12086-N-0141400260780-R-N

Location

Show Property Address:Yes
Street Name:Brickell Bay Dr
Street Number:1408
Street Address:1408 Brickell Bay Dr 518
Unit Number:518
City : Miami
State : Florida
Zip Code : 33131
County : Miami-Dade County
Full Address:1408 Brickell Bay Dr 518, Miami, Florida 33131
Latitude:N25° 45' 32.3''
Longitude:W81° 48' 34.6''

Neighborhood

Postal City:Miami

Property Map

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