HomeCondos for SaleEpic ResidencesUnit 4012
200 Biscayne Boulevard Way, Unit 4012
+18 more
$549K

Epic Residences Unit 4012

200 Biscayne Boulevard Way, Unit 4012 • Miami, FL 33131

at Epic Residences

Beds
1
Baths
2
Living Area
822 SF
Price / SF
$668
HOA / Monthly
$1,388
Days on Market
348

About This Unit

Price improvement on this exceptional opportunity. Experience elevated luxury in this 1-bedroom, 1.5-bath residence on the 40th floor of Epic, one of Miami’s most sought-after addresses. The home features top-tier finishes throughout, including a Snaidero kitchen with Miele appliances, Sub-Zero refrigerator, Italian flooring, marble bathrooms, and custom closets. Enjoy a 178-sq-ft balcony with breathtaking 180° panoramic city views. Residents receive exclusive VIP access to Joia Beach Club, dining discounts at select world-class restaurants, complimentary Silverspot Cinema tickets, spa services, in-room dining, and resort-style pools. Ideally located just steps from Whole Foods and Brickell City Center. Private showings available.

Pricing at Epic Residences — $668/sqft
At $668/sqft, Epic Residences Unit 4012 is priced at the low end of the building — only 11% of active 1BRs ask less per sqft.
Epic Residences Unit 4012 vs Active Listings at Epic Residences: This condo is -9.5% lower ($70/less per sqft) than the building's active 1BR median of $738/sqft, based on 9 active 1BRs.
Epic Residences Unit 4012 vs Recent Sold Listings at Epic Residences: This unit is -0.5% lower ($3/less per sqft) than recent 1BR sales (median $671/sqft, based on 2 sales over 9 months).
Rank: This unit's $/sqft is higher than 11% of currently-active 1BR units at Epic Residences (sample of 9).
Insider Negotiation Strategy: 1BR units at Epic Residences typically close at 96.6% of asking. At that ratio, this unit could plausibly trade around $530,444.
Based on live MIAMIRE active & closed listings at Epic Residences.
Time on Market — 348 days
Epic Residences Unit 4012 has been on the market longer than 88% of comparable active 1BRs — strong signal the seller will negotiate.
This unit's 348 days on the market is 292 days longer than the active 1BR median of 56 days (+521.4%).
Recent 1BR sales at Epic Residences typically went under contract in 63 days (based on 2 sales over 9 months).
Inventory position: 88th percentile for 1BRs currently active at this building.
Price History
Originally listed at $570,000. Reduced to $549,000 on Jan 30, 2026 (after 266 days on market) — -3.7% (−$21,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,981
HOA
$1,388
Property Tax
$631
Total / mo
$5,000
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.38%. HOA $1.69/sqft · All-in $6.08/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 1BR Comps at Epic Residences

UnitListSqft$/sqftDOM
#3811 $548,000 822 $667 13
#4011 $549,000 822 $668 1
#4311 $570,000 822 $693 71
#4414 $590,000 799 $738 108
#3106 $725,000 950 $763 77

Recent Closed 1BR Sales

ClosedUnitSold$/sqftvs List
2026-02-06 #4005 $620,000 $653 93.2%
2025-08-23 #3311 $565,900 $688 100.0%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
  • 30-day minimum lease applies only to FURNISHED units; 12 leases per year cap.
  • Lower-floor units ending in 309/311 are townhouse-style with split levels and private dock access.
  • Heated pool deck on the amenity floor; HOA covers water, internet, hot water, insurance, security, parking — but NOT electric or cable.
  • Building sits at the bend of the Miami River — lower units (X09-X11) face river, higher floors capture bay/skyline views.
  • Reserves reported as 100% funded with no special assessments as of late 2025.
What to Verify
Flood Zone: This unit is in a split flood zone (AE, X) — this typically means lower floors carry the higher-risk designation; verify per-unit.
Special Assessments: 14 of the 32 active listings populate this field; the rest are blank. All report NO special assessment.
Reserves Signal: Of 32 active listings: 2 listings cite "fully funded reserves"; 2 cite "no special assessments"; 1 reference SIRS completion.
Building Age: Built in 2008 (18 years old).
Verify all of the above with the HOA before closing.
Building Activity
32 active listings · 18 closed in last 9mo (2.0/mo pace) → ~16.0 months of supply.
3 new listings in the past 30 days.
Lifestyle & Rules: Pets allowed (verify size/breed restrictions) · 30-day minimum lease · up to 12 leases per year · $150 application fee · 1-2 weeks approval.
Building: Epic Residences
Unit: 4012
Year Built: 2008
Stories: 54
City: Miami
Postal Code: 33131
HOA Fee: $1,388 / Monthly
View: River
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 348
Listed: May 10, 2025
MLS #: A11799916

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Global Luxury Realty LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11799916 • Updated Apr 23, 2026 • Photos uploaded 353 days ago — check listing for current condition.