+17 more
$630K
The Club at Brickell Bay Unit 1406
1200 Brickell Bay Dr, Unit 1406 • Miami, FL 33131
About This Unit
This 2-bedroom, 1-bath condo with no rental restrictions is ideal for investors or a vacation home, perfect for maximizing Airbnb revenue. Located on the 14th floor, it features unique double-high ceilings—the only layout of its kind in the building—and sits on the Amenity Level with direct access to two pools, a gym, restaurant, and kids’ area. The modern unit includes a stainless steel and granite kitchen, wood floors, stylish furnishings, and a balcony with water and city views. Parking is just one floor below. The Club at Brickell offers 24/7 concierge, valet, fiber-optic internet, and close proximity to dining, shopping, beaches, and the airport
Pricing at The Club at Brickell Bay — $588/sqft
At $588/sqft, The Club at Brickell Bay Unit 1406 is priced at the low end of the building — only 0% of active 2BRs ask less per sqft.
The Club at Brickell Bay Unit 1406 vs Active Listings at The Club at Brickell Bay: This condo is -14.6% lower ($100/less per sqft) than the building's active 2BR median of $688/sqft, based on 7 active 2BRs.
The Club at Brickell Bay Unit 1406 vs Recent Sold Listings at The Club at Brickell Bay: This unit is -2.9% lower ($17/less per sqft) than recent 2BR sales (median $605/sqft, based on 6 sales over 9 months).
Rank: This unit's $/sqft is higher than 0% of currently-active 2BR units at The Club at Brickell Bay (sample of 7).
Insider Negotiation Strategy: 2BR units at The Club at Brickell Bay typically close at 94.1% of asking. At that ratio, this unit could plausibly trade around $592,704.
Based on live MIAMIRE active & closed listings at The Club at Brickell Bay.
Time on Market — 94 days
The Club at Brickell Bay Unit 1406 has been on the market longer than 83% of comparable active 2BRs — strong signal the seller will negotiate.
This unit's 94 days on the market is 68 days longer than the active 2BR median of 26 days (+261.5%).
Inventory position: 83th percentile for 2BRs currently active at this building.
Price History
Originally listed at $649,000. Reduced to $630,000 on Feb 23, 2026 (after 95 days on market) — -2.9% (−$19,000).
Estimated Monthly Cost
Mortgage (P&I)
$3,421
HOA
$917
Property Tax
$435
Total / mo
$4,773
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.83%.
HOA $0.86/sqft · All-in $4.45/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Club at Brickell Bay.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 2BR Comps at The Club at Brickell Bay
UnitListSqft$/sqftDOM
#—
—
1,030
$631
718
#—
—
1,030
$756
2
#—
—
818
$691
2
#—
—
818
$660
26
#—
—
1,072
$588
94
Recent Closed 2BR Sales
ClosedUnitSold$/sqftvs List
2025-08-05
#—
$730,000
$661
—
2025-12-19
#—
$710,000
$643
—
2026-01-30
#—
$682,500
$618
—
2026-02-19
#—
$655,000
$593
—
2026-02-27
#—
$640,000
$541
—
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 AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2005 (21 years old).
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit May 2005 for $363,415 — held 21 years. They’re now asking $630,000 — +73.4% (+$266,585) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $5,967/yr in property tax thanks to a $234,622 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases).
On purchase, your assessment resets to full market value — expect roughly $10,660/yr, about 1.8× the current owner’s bill.
Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
| Date | Price | Type |
|---|---|---|
| Oct 2017 | $50,000 | Corrective, tax or QCD; min consideration |
| Mar 2016 | $250,000 | Corrective, tax or QCD; min consideration |
| Feb 2014 | $260,100 | Financial inst or "In Lieu of Forclosure" stated |
| May 2005 | $363,415 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.18960% of the building’s common elements. County living area: 1,072 sqft.
Building: The Club at Brickell Bay
Unit: 1406
Year Built: 2005
Stories: 43
City: Miami
Postal Code: 33131
HOA Fee: $917 / Monthly
View: Bay, Other View, Skyline, Water View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 94
Listed: November 21, 2025
MLS #: A11915292
Location
Listing courtesy of: Lifestyle International Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11915292
• Updated Feb 23, 2026
