Home » Miami » The Palace at 1541 Brickell Avenue Miami » 1541 Brickell Ave B3503, Miami, FL 33129 | A11627689

1541 Brickell Ave B3503, Miami, FL 33129 | For Sale

$699,000
closed for a price of $630,000

Property Highlights

Listing ID A11627689 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,640 Sqft/152.36 m2 approx. Building Area 1,640 Sqft/152.36 m2 approx. COMMUNITY POOL Year Built 1981 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 85 Days
21 Photos of this Property

1541 Brickell Ave B3503, Miami, FL 33129

Property Description: Experience the epitome of luxury living with this stunning property offering magnificent direct bay views and a breathtaking city skyline from the 35th floor. The open floor plan is perfect for entertaining, featuring large rooms that provide ample space and comfort. Located within walking distance of Brickell attractions, you 'll enjoy the vibrant lifestyle of one of Miami 's most sought-after neighborhoods. This residence presents a unique opportunity to update and add tremendous value, enhancing its already impressive appeal. Developed by the legendary Harry B. Helmsley and designed by the renowned architecture firm Arquitectonica, this property combines exceptional design with unparalleled location, making it a true masterpiece in urban living.

Useful Info

Contingency:Other
Previous Asking Price:$799,000
Original List Price:$799,000
Close Price:$630,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:The Palace at 1541 Brickell Avenue Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):35
Entry Level Location:35
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
Number of stories:42

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • City
  • Bay
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Bayfront
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
Interior Features:
  • Walk-in Closet(s)
  • Other
  • Elevator
Exterior Features:
  • Deck
  • Barbecue
  • Balcony
  • Patio
  • Storm/security Shutters
  • Tennis Court(s)
  • Courtyard
Patio and Porch Features:
  • Patio
  • Deck
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$6,217

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:2023
Association Fee:$2,609
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Cats Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Bike Storage
  • Trash
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:THE PALACE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Parking
  • Internet
  • Amenities
Complex Name:THE PALACE CONDO
Senior Community:No
Restrictions:CorporateBuyerOk

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Two Or More Spaces
  • Covered
  • Assigned
  • Guest
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Bay,Intracoastal View,Skyline View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects Homestead Tax
Number of times allowed to lease per year: 1
Flood Zone : VE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: VE
Municipal Code: 1
Subdivision Number: 38
Water Access Description:Other

Zoning and Legal

Tax Legal Description:THE PALACE CONDO UNIT B3503 UNDIV .38% INT IN COMMON ELEMENTS OFF REC 11275-1461 OR 14233-2614 0889 1
Real Estate Folio Number (Parcel Number):01-41-39-038-1010
Public Survey Township:1
Public Survey Range:41
Public Survey Section:39

Listing History

Update/EventDate/Days
Published Date:July 22, 2024 4:54 pm
On Market Date:July 22, 2024
Close Date:October 15, 2024
Price Change Date Time:August 15, 2024 10:57 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 15, 2024 4:05 pm
Status Last Changed:October 15, 2024 4:05 pm
Photos Last Modified:August 5, 2024 3:04 pm
Last Modified:October 15, 2024 8:05 pm
Days on the Market Reference Date:October 15, 2024
Days on the Market (updated on Last Modified*):37
Cumulative Days on the Market (updated on Last Modified**):37

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos Count:21
Area:41
Ref ID:1077751003
Courtesy of:Keller Williams Capital Realty
Universal Property Id:US-12025-N-0141390381010-R-N

Location

Show Property Address:Yes
Street Name:Brickell Ave
Street Number:1541
Street Address:1541 Brickell Ave B3503
Unit Number:B3503
City : Miami
State : Florida
Zip Code : 33129
County : Miami-Dade
Full Address:1541 Brickell Ave B3503, Miami, FL 33129
Latitude:N25° 45' 24.5''
Longitude:W81° 48' 27.3''

Neighborhood

Postal City:Miami

Property Map

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