540 Brickell Key Dr # 823, Miami FL 33131 | Miami-Dade County | A11963033
- $659,000
- $659,000
Description
Beautifully remodeled 2-bedroom, 2-bath residence in Brickell Key II, perfectly positioned to capture stunning waterfront views of Brickell Key Island. This move-in-ready unit features a spacious split-floor plan, expansive balcony, and generous closet space throughout. The fully upgraded interior includes a modern kitchen with stainless steel appliances and wine cooler, along with completely renovated bathrooms featuring contemporary finishes and showers. Enjoy living in one of Miami’s most desirable island communities, just moments from Brickell’s dining, shopping, and entertainment. Brickell Key II offers full-service amenities including a resort-style pool, tennis courts, remodeled lobby, state-of-the-art fitness center, sauna, kids’ playroom, convenience store, and assigned parking. A turnkey opportunity with spectacular water views in an unbeatable Brickell Key location.
Property Overview
This is a 2-bedroom, 2-bath condominium of about 1030 square feet at 540 Brickell Key Dr # 823, Miami FL 33131 (Miami 33131), listed at $659,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,434.
The tax of record is $7,652 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $13,180/yr (≈ $1,098/mo); with the homestead exemption on a primary residence, about $12,180/yr (≈ $1,015/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 $659,000. The MLS record does not explicitly state if the unit is furnished; this must be confirmed. Fixtures and built-in appliances generally convey with the home itself.
The community offers shared amenities including a pool, exercise room, bike path, and play area. To verify what is included with this specific residence, contact Christopher Lazaro, Miami Real Estate Broker Associate.
Where exactly is it, and what should I know about the location?
The property is located in Miami, Florida, 33131, within the coastal corridor of Brickell Key. This is a private, master-planned island adjacent to the mainland's Brickell financial district.
For precise details on building amenities, HOA fees, and access, contact Christopher Lazaro, Miami Real Estate Broker Associate, for verification. You can reach him directly by phone or through his professional website.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this condominium is $1,434. According to the association's budget, this fee covers building insurance, sewer service, trash removal, and water.
An active special assessment is recorded for the property; the specific balance and payment schedule require direct verification with the association. All community regulations are also governed by Miami city ordinances. For a complete review of the financials and governing documents, contact Christopher Lazaro, Miami Real Estate Broker Associate.
What are the property taxes and homestead implications?
The tax of record is $7,652 for 2025. As an estimate only—Florida reassesses upon sale—the annual property tax at the list price of $659,000 would be approximately $13,180 without a homestead exemption, or about $12,180 with one, as the exemption lowers the taxable value for a primary residence.
These are estimates, not quotes. You should confirm the figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification and guidance, contact Christopher Lazaro, Miami Real Estate Broker Associate.
Is the home in a flood zone, and what does that mean?
The property at 540 Brickell Key Dr # 823 is located in a high-risk flood zone, designated as an AE zone by FEMA. Flood zones are federal risk assessments, and you can View the FEMA flood map for this address for the official determination.
Lenders will require a separate flood insurance policy for a mortgage here. To verify the specific insurance implications for this condominium, contact Christopher Lazaro, Miami Real Estate Broker Associate.
Are pets allowed?
The MLS record states: "Restrictions Or Possible Restrictions." This means pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit upon request.
Separate federal accommodation rules apply for documented service animals or emotional support animals. To verify the current policy for this specific condominium, contact Christopher Lazaro, Miami Real Estate Broker Associate.
How is the price set and is there room to negotiate?
Miami-Dade condo sales from May 2026 show properties closing at 94% of the final list price, with a median of 64 days on market. This establishes a broad expectation, but the specific negotiation position for a unit at 540 Brickell Key Dr is determined by a Comparative Market Analysis of recent Brickell Key and immediate vicinity closings.
To inform your strategy, we can provide that Miami-specific CMA. For a precise assessment of this listing at $659,000, contact Christopher Lazaro, Miami Real Estate Broker Associate, to verify the data and discuss your approach.
What financing step do you recommend before touring?
I recommend securing a pre-approval from a licensed Florida mortgage professional before touring any property. This step clarifies your budget and strengthens your position as a serious buyer. You can begin that process at Get-PreApproved.com.
For specific questions about 540 Brickell Key Dr #823 or to verify any details, please reach out to me, Christopher Lazaro, Miami Real Estate Broker Associate, directly.
Monthly Fees & Carrying Costs
| Association Fee | $1,434 / month |
| Total Monthly Fees | $1,434 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Brickell Key Dr
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33131
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Area: BRICKELL KEY II CONDO
Details
Updated on July 18, 2026 at 11:35 pm-
Property ID A11963033
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Price $659,000
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Property Size 1030 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 1991
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Type Condominium
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Property Status Active, Residential
Additional details
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Bedroom Features Entry Level
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Cooling Central Air, Electric
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Association Type Condo
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Building BRICKELL KEY II CONDO
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Association Fee Frequency Monthly
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Area Brickell Key Ii Condo
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Annual Tax 7652
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Association Yes
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Elementary School Southside
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 2
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Subdivision BRICKELL KEY II CONDO
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Total Stories 18
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Restrictions No Lease-1st Year Owned
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Maintenance Includes Insurance, Sewer, Trash Removal, Water
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Amenities Bike/Jog Path, Child Play Area, Exercise Room, Other, Pool
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Parking 1 Space, Assigned, Covered, No Rv/Boats, No Trucks/Trailers
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Heating Central, Electric
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction CBS Construction
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Building Area 1030
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Covered Spaces 1
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Middle School Shenandoah
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Unit Floor 8
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Frontage Bay
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View Bay, Garden View, Pool Area View
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Year Built Details Resale
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Pets Allowed Yes
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Attached Yes
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Unit Number 823
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Inclusions None
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1434
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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