Home » Miami » Brickell Key 2 at 540 Brickell Key Dr Miami » 540 Brickell Key Dr 1401, Miami, FL 33131 | A11484986

Sold 540 Brickell Key Dr 1401, Miami, FL 33131

$410,000
closed for a price of $395,000

Property Highlights

Listing ID A11484986 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 700 Sqft/65.03 m2 approx. Building Area 700 Sqft/65.03 m2 approx. POOL Year Built 1991 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 244 Days

540 Brickell Key Dr 1401, Miami, FL 33131

Property Description: Assessment has been paid in full! Excellent 1bed/1.5 baths on exclusive Brickell Key! Enjoy Island living at its best. Bright and spacious condo with great Biscayne Bay views from every window. Updated apartment with tile floors. Walking distance to Brickell 's vibrant shopping, dining, and entertainment. Amenities include heated saltwater pool, tennis, racquetball, convenience store at lobby level, 24hr concierge and valet parking. ALL APPLIANCES BRAND NEW!

Useful Info

Contingency:Association Approval
Previous Asking Price:$420,000
Original List Price:$420,000
Close Price:$395,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):14
Entry Level Location:14
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:18

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Heated
Security:
  • Door Man
  • Key Card Entry
Appliances:
  • Dryer
  • Dishwasher
  • Washer
Interior Features:
  • Other
  • Elevator
Exterior Features:
  • Patio
  • Tennis Court(s)
Patio and Porch Features:
  • Patio
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,183

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:$640
Association Fee Frequency:
  • Annually
Association Fee 3rd HOA:$1,032
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Fitness Center
Subdivision Name:BRICKELL KEY II CONDO
Association Fee Includes:
  • Recreation Facilities
Complex Name:Brickell Key II
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesHomeowner Association
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code1
Subdivision Number56
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:None

Zoning and Legal

Tax Legal Description:BRICKELL KEY II CONDO UNIT 1401 UNDIV 0.20961 % INT IN COMMON ELEMENTS OFF REC 16363-0778 OR 16432-0675 0694 1 COC 23519-4390 06 2005 1
Real Estate Folio Number (Parcel Number):01-42-06-056-0280
Public Survey Township:1
Public Survey Range:42
Public Survey Section:6

Listing History

Update/EventDate/Days
Published Date:November 11, 2023 12:27 pm
On Market Date:November 11, 2023
Close Date:July 12, 2024
Price Change Date Time:April 23, 2024 10:27 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 17, 2024 12:53 am
Status Last Changed:July 17, 2024 12:53 am
Photos Last Modified:May 2, 2024 1:28 pm
Last Modified:July 17, 2024 4:53 am
Days on the Market Reference Date:July 17, 2024
Days on the Market (updated on Last Modified*):229
Cumulative Days on the Market (updated on Last Modified**):229

Additional Information

Unit Location:High Rise,Lobby
Number of Photos:30
Location:,,
Included:,,
Area:42
Automated Valuation Display:Yes
Courtesy of:Melo Real Estate Corp
Universal Property Id:US-12025-N-0142060560280-R-N

Location

Show Property Address:Yes
Street Name:Brickell Key Dr
Street Number:540
Street Address:540 Brickell Key Dr 1401
Unit Number:1401
City : Miami
State : Florida
Zip Code : 33131
County : Miami-Dade County
Full Address:540 Brickell Key Dr 1401, Miami, FL 33131
Latitude:N25° 46' 5.2''
Longitude:W81° 48' 58.1''

Neighborhood

Postal City:Miami

Property Map

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