+22 more
$389K
Brickell Bay Tower Condo Unit 404
1408 Brickell Bay Dr, Unit 404 • Miami, FL 33131
About This Unit
Great oversized 780 sq ft one bedroom with water view in the center of Brickell. Walk everywhere to amazing restaurants, entertainment, gym great city living right in front of the bay, guard gated with pool, bbq, gym with free guest parking. Tons of storage space.
Pricing at Brickell Bay Tower Condo — $494/sqft
At $494/sqft, Brickell Bay Tower Condo Unit 404 is priced near the building's median — solidly mid-market for this floor plan.
Brickell Bay Tower Condo Unit 404 vs Active Listings at Brickell Bay Tower Condo: This condo is +0.4% higher (+$2/more per sqft) than the building's active 1BR median of $492/sqft, based on 6 active 1BRs.
Rank: This unit's $/sqft is higher than 50% of currently-active 1BR units at Brickell Bay Tower Condo (sample of 6).
Based on live MIAMIRE active & closed listings at Brickell Bay Tower Condo.
Time on Market — 1 day
Brickell Bay Tower Condo Unit 404 is around the building's typical pace.
This unit's 1 days on the market is 35 days shorter than the active 1BR median of 36 days (-97.2%).
Inventory position: 40th percentile for 1BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$2,112
HOA
$450
Property Tax
$321
Total / mo
$2,882
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.99%.
HOA $0.57/sqft · All-in $3.66/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Brickell Bay Tower Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at Brickell Bay Tower Condo
UnitListSqft$/sqftDOM
#—
—
787
$445
0
#—
—
787
$521
0
#—
—
787
$494
1
#—
—
787
$489
70
#—
—
787
$443
418
Recent Closed 1BR Sales
ClosedUnitSold$/sqftvs List
2025-10-20
#—
$315,000
$400
—
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone VE. Coastal high-hazard zone with wave action — highest insurance tier.
Building Age: Built in 1964 (62 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Apr 2013 for $215,000 — held 13 years. They’re now asking $388,888 — +80.9% (+$173,888) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Apr 2013 | $215,000 | arm’s-length |
| May 2010 | $160,000 | arm’s-length |
| Jun 1997 | $83,000 | arm’s-length |
| Jun 1977 | $40,700 | arm’s-length |
| Mar 1977 | $41,000 | arm’s-length |
| Jan 1975 | $1,453,200 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 787 sqft.
Building: Brickell Bay Tower Condo
Unit: 404
Year Built: 1964
Stories: 14
City: Miami
Postal Code: 33131
HOA Fee: $450 / Monthly
View: Bay, Intracoastal View
Waterfront: Yes
Private Pool: No
Heating: Electric
Cooling: Central Air
Days on Market: 1
Listed: March 2, 2026
MLS #: A11975142
Location
Listing courtesy of: Magin New World Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11975142
• Updated Mar 3, 2026
