25
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1.5
  • Bathrooms
  • 0
  • Garage
  • 590 Sq Ft
  • Area Size
540 Brickell Key Dr # 1809, Miami FL 33131 | Miami-Dade County | A12007175
  • $495,000

Description

IMPACT-RESISTANT WINDOWS & DOORS HAVE BEEN INSTALLED. A SPECIAL ASSESSMENT HAS BEEN PAID IN FULL. COMPLETELY REMODELED UNIT. 2 YEAR OLD A/C AND WATER HEATER.
Breathtaking spectacular views of the Brickell Skyline from this PH 18. 1 bed, 1 & 1/2 baths. 18 story waterfront sits on BRICKELL KEY, an ISLAND next to BRICKELL & boast a nice pool, GYM, tennis court, 2 BBQ’s, valet, 24/7 concierge, 1 covered parking in 2nd floor. Professional staff. Food market, restaurants and private park.
Walk around this tranquil & secure island while being a few walking distance from the vibrant energy in BRICKELL full of restaurants & nightclubs. Two new buildings in construction in the island including the Mandarin Hotel and condo residences for +$5 million and recent penthouses sold for $50 M each.

Property Overview

This is a 1-bedroom, 1.5-bath condominium of about 590 square feet at 540 Brickell Key Dr # 1809, Miami FL 33131 (Miami 33131), listed at $495,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $828.

The tax of record is $4,960 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $9,900/yr (≈ $825/mo); with the homestead exemption on a primary residence, about $8,900/yr (≈ $742/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $495,000. As for what conveys, the MLS record does not explicitly state the furnished status, so this must be verified; fixtures and built-in appliances are generally included with the home.

You gain access to the community's shared amenities, which include a barbecue area, bike storage, cabana, clubhouse, elevators, exercise room, exterior lighting, pool, and tennis courts. To confirm exactly what is included in the sale for this specific unit, please contact Christopher Lazaro, Miami Real Estate Advisor.

Where exactly is it, and what should I know about the location?

The property is located in Miami, 33131, within the Brickell Key enclave on the coastal corridor. The address places it on a private, master-planned island adjacent to the Brickell financial district.

For a detailed discussion of the immediate area, including building-specific considerations, you should contact Christopher Lazaro, Miami Real Estate Advisor, to verify current conditions.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee of $828 covers Air Conditioning Maintenance, All Amenities, Building Exterior, Common Area, Elevator, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Parking, Recreation Facilities, Reserve Fund, Security, Sewer, and Trash Removal. Please note that all use of the property and common elements is subject to applicable city ordinances.

For a precise review of the HOA budget and declaration, or to discuss how municipal codes may affect your use, contact Christopher Lazaro, Miami Real Estate Advisor.

What are the property taxes and homestead implications?

The tax of record is $4,960 for 2025. As an estimate only, Florida reassesses at sale. At this list price and a Miami-Dade rate near 2.0%, the annual property tax would be about $9,900 without a homestead exemption, or about $8,900 with the exemption, which lowers the taxable value for a primary residence.

These are estimates, not quotes. To verify these figures and discuss your specific situation, contact Christopher Lazaro, Miami Real Estate Advisor.

Is the home in a flood zone, and what does that mean?

The property is located in a FEMA-designated Special Flood Hazard Area. In plain terms, this is a high-risk zone, meaning there is at least a 1% annual chance of flooding. Lenders will require a separate flood insurance policy for a mortgage here.

You can review the official FEMA definitions for flood zones and View the FEMA flood map for this address. To verify the specific insurance implications for this condo, contact Christopher Lazaro, Miami Real Estate Advisor, for a detailed review.

Are pets allowed?

The condominium allows pets up to 20 lbs. We will provide the association's current pet rules for this specific unit upon request.

Separate federal accommodation rules apply for documented service or support animals. For exact verification of all policies, contact Christopher Lazaro, Miami Real Estate Advisor.

How is the price set and is there room to negotiate?

The list price is anchored to a specific market benchmark. Recent Miami-Dade condo sales closed at 94% of their list price, averaging 64 days on market. A comparative market analysis for this building and vicinity refines that broader figure.

To verify the precise negotiation range for this unit, please reach out to Christopher Lazaro, Miami Real Estate Advisor, for a detailed CMA.

What financing step do you recommend before touring?

I recommend securing a mortgage pre-approval before touring any property. This involves connecting with a Florida-licensed mortgage originator, which you can do here, to confirm your budget and strengthen your position.

Once you have that letter, contact Christopher Lazaro, Miami Real Estate Advisor, to verify the property's financial specifics and schedule a viewing of 540 Brickell Key Dr # 1809.

Monthly Fees & Carrying Costs

Association Fee $828 / month
Total Monthly Fees $828 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: Brickell Key Dr
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33131
  • Area: BRICKELL KEY II CONDO

Details

Updated on August 18, 2026 at 11:42 pm
  • Property ID A12007175
  • Price $495,000
  • Property Size 590 Sq Ft
  • Bedroom 1
  • Room 1
  • Bathrooms 1.5
  • Garage 0
  • Year Built 1991
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features Primary Bedroom Ground Level
  • Cooling Central Air
  • Association Type Condo
  • Building BRICKELL KEY TWO
  • Association Fee Frequency Monthly
  • Area Brickell Key Ii Condo
  • Annual Tax 4960
  • Association Yes
  • Elementary School Southside
  • Private Pool No
  • Listing Terms Conventional, FHA, VA Loan
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision BRICKELL KEY II CONDO
  • Total Stories 18
  • Restrictions No Lease-1st Year Owned
  • Amenities Barbecue, Bike Storage, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Tennis Court(s)
  • Parking 1 Space, Space Purchased, Valet
  • Heating Other
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 590
  • Covered Spaces 0
  • Middle School Shenandoah
  • Unit Floor 18
  • View Skyline
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 1809
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Deck
  • New Construction No
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 828
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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