+13 more
$950K
The Club at Brickell Bay Unit 3924
1200 Brickell Bay Dr, Unit 3924 • Miami, FL 33131
About This Unit
Amazing home in the sky 39th floor with amazing rap around views of Miami and the intercostal. This amazing unit features 3 bedrooms, 2 baths with rap around balconies, European Kitchen, Washer and Dryer and a large living area. It's also a great investment opportunities as the building is air bob approved and this particular unit made almost $100,000 in short term rentals. The building features 24 hr concierge and front desk personal, 2 pools, Jaccuzi, BBQ area, Gym, Party Room, Play Room and Valet Parking.
Pricing at The Club at Brickell Bay — $771/sqft
At $771/sqft, The Club at Brickell Bay Unit 3924 is priced near the building's median — solidly mid-market for this floor plan.
The Club at Brickell Bay Unit 3924 vs Active Listings at The Club at Brickell Bay: This condo is +0.0% higher (+$0/more per sqft) than the building's active 3BR median of $771/sqft, based on 7 active 3BRs.
The Club at Brickell Bay Unit 3924 vs Recent Sold Listings at The Club at Brickell Bay: This unit is +22.6% higher (+$142/more per sqft) than recent 3BR sales (median $629/sqft, based on 3 sales over 9 months).
Rank: This unit's $/sqft is higher than 43% of currently-active 3BR units at The Club at Brickell Bay (sample of 7).
Insider Negotiation Strategy: 3BR units at The Club at Brickell Bay typically close at 92.7% of asking. At that ratio, this unit could plausibly trade around $880,270.
Based on live MIAMIRE active & closed listings at The Club at Brickell Bay.
Time on Market — 22 days
The Club at Brickell Bay Unit 3924 is around the building's typical pace.
This unit's 22 days on the market is 0 days longer than the active 3BR median of 22 days (+0.0%).
Inventory position: 43th percentile for 3BRs currently active at this building.
Price History
Originally listed at $999,999. Reduced to $950,000 on Mar 13, 2025 (after 23 days on market) — -5.0% (−$49,999).
Estimated Monthly Cost
Mortgage (P&I)
$5,159
HOA
$950
Property Tax
$860
Total / mo
$6,969
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.09%.
HOA $0.77/sqft · All-in $5.66/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at The Club at Brickell Bay.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 3BR Comps at The Club at Brickell Bay
UnitListSqft$/sqftDOM
#—
—
1,232
$771
22
#—
—
1,105
$747
2
#—
—
1,232
$824
33
#—
—
1,232
$689
0
#—
—
1,232
$662
18
Recent Closed 3BR Sales
ClosedUnitSold$/sqftvs List
2025-08-27
#—
$775,000
$629
—
2025-10-09
#—
$833,250
$676
—
2025-11-17
#—
$732,000
$594
—
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 Feb 2018 for $340,000 — held 8 years. They’re now asking $950,000 — +179.4% (+$610,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $8,950/yr in property tax thanks to a $226,287 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 $13,476/yr, about 1.5× 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 |
|---|---|---|
| Feb 2018 | $340,000 | arm’s-length |
| Apr 2011 | $260,000 | Financial inst or "In Lieu of Forclosure" stated |
| Sep 2010 | $175,500 | Financial inst or "In Lieu of Forclosure" stated |
| Sep 2005 | $491,666 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.21790% of the building’s common elements. County living area: 1,232 sqft.
Building: The Club at Brickell Bay
Unit: 3924
Year Built: 2005
Stories: 43
City: Miami
Postal Code: 33131
HOA Fee: $950 / Monthly
View: Bay
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 22
Listed: February 19, 2025
MLS #: A11748559
Location
Listing courtesy of: Silver Sky Realty, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11748559
• Updated Mar 13, 2025
