Atlantic Luxury AdvisorsKeller Williams Realty Services

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1541 Brickell Ave #C406

Miami, FL 33129

$575,000
1
2
1,117 sq ft
1981
1 car
Condominium
$1,600/mo
Yes
319
Active

Listing courtesy of Barnes International Realty, LLC. Contact: [email protected].

About this home

Enjoy modern city living in this beautifully renovated 1-bedroom + den residence, featuring a versatile den (8.1 ft x 7.5 ft) and an additional room adjacent to the primary bedroom (7 ft x 7.1 ft), ideal as a walk-in closet, office, or nursery. This 2 full bath waterfront home is perfectly suited for a young family or those expecting. The thoughtfully designed layout offers an open kitchen with stainless steel appliances, ample storage, and an in-unit washer and dryer. Step onto a spacious balcony and take in serene views of palm trees and Biscayne Bay. Residents enjoy a full suite of amenities including a fully equipped gym, two lighted tennis courts, jacuzzi, lounge areas, gazebo, kids’ playroom, and BBQ area. A great opportunity, currently reduced to $575,000 due to upcoming pool renovations (June 2026–June 2027). Once completed, values are expected to increase. During this time, residents will have complimentary access to the pool at the nearby Marriott Hotel Arch, just a short 5-minute walk from The Palace. Located in the heart of Brickell, just steps from top dining, shopping, and entertainment, this residence offers the ideal blend of convenience, lifestyle, and premier Miami living. The unit is currently occupied by tenants. Showings can only be scheduled Tuesdays and Wednesdays from 6:15-7pm. Please give us at least 24 hours notice for any showing requests.

Virtual tour
What it costs to own
Estimated monthly payment
$5,689/mo
Principal and interest
$2,908
Property tax
$823
Homeowners insurance
$358
HOA
$1,600

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$9,873/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,600/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Palace Condo, The was built in 1981, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.