Great investment opportunity in the heart of Brickell! 1-bedroom, 1-bath residence at The Club at Brickell Bay is perfectly positioned for investors looking to capitalize on Miami's thriving short-term rental market. Located in one of the very few residential buildings in Brickell that allows short term rentals, AIRBNB, this property offers the flexibility today's investors are searching for. The unit features newer appliances, a brand-new water heater, an in-unit washer and dryer, assigned parking, and partial bay and city views from the private balcony. Guests love this unbeatable location—just steps from Brickell City Centre, Mary Brickell Village, world-class restaurants, rooftop bars, shopping, and the Metromover, with easy access to Downtown Miami, Miami Beach, Wynwood, and the airport. Miami's year-round calendar of major events—including Formula 1, Art Basel, the Miami Open, Ultra Music Festival, the South Beach Wine & Food Festival, concerts, cruises, and international sporting events—continues to drive strong demand for short-term accommodations, making this an exceptional opportunity to generate income while owning real estate in one of the city's most sought-after neighborhoods. Seller is motivated..
For sale
$498,000
1200 Brickell Bay Dr APT 3206, Miami, FL 33131
1beds
825sqft
Condominium
Built in 2005
-- sqft lot
$470,500 Zestimate®
$604/sqft
$634/mo HOA
What's special
Newer appliancesBrand-new water heaterIn-unit washer and dryer
- 5 days
- 109
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Edith Iglesias 786-326-2437,
First Service Realty ERA
Source: MIAMI,MLS#: A12083081
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Interior area
- Total structure area: 825
- Total interior livable area: 825 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Space
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: Barbecue, Balcony
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Other
- Has water view: Yes
- Water view: Bay
Details
- Parcel number: 0141390861690
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 2005
Community & HOA
Community
- Security: Smoke Detector, Doorman, Elevator Secure, Card Entry, Security Guard
- Application fee: $150
- Subdivision: The Club At Brickell Bay
HOA
- Has HOA: Yes
- Amenities included: Clubhouse-Clubroom, Community Room, Fitness Center, Pool, Sauna, Spa/Hot Tub
- HOA fee: $634 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $604/sqft
- Tax assessed value: $394,535
- Annual tax amount: $6,605
- Date on market: 9/3/2026
- Listing terms: All Cash,Conventional
Estimated market value
$470,500
$447,000 - $494,000
$3,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $498,000+63.3%$604/sqft |
Source: | ||
| 11/8/2025 | Listing removed | $2,650$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Listed for rent | $2,650+23.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/18/2021 | Listed for rent | $2,150+7.5%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/25/2018 | Listing removed | $2,000$2/sqft |
Source: RE/MAX UNIQUE REALTY #A10462599 Report a problem | ||
| 5/4/2018 | Listed for rent | $2,000$2/sqft |
Source: RE/MAX UNIQUE REALTY #A10462599 Report a problem | ||
| 4/27/2018 | Listing removed | $305,000$370/sqft |
Source: Five Stars Realty Group LLC #A10354868 Report a problem | ||
| 4/24/2018 | Listed for sale | $305,000+23.9%$370/sqft |
Source: Five Stars Realty Group LLC #A10354868 Report a problem | ||
| 6/3/2005 | Sold | $246,100$298/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,880 +3.5% | $310,192 +10% |
| 2024 | $6,651 +3% | $281,993 +10% |
| 2023 | $6,454 +21% | $256,358 +10% |
| 2022 | $5,332 +15.9% | $233,053 +10% |
| 2021 | $4,601 +4.8% | $211,867 +5% |
| 2020 | $4,392 +4.8% | $201,778 +5% |
| 2019 | $4,192 +1.9% | $192,170 |
| 2018 | $4,115 | $192,170 -7% |
| 2017 | $4,115 -8% | $206,634 +8.3% |
| 2016 | $4,474 +4.7% | $190,786 +10% |
| 2015 | $4,273 +3.5% | $173,442 +10% |
| 2014 | $4,128 +37.3% | $157,675 +10% |
| 2013 | $3,006 | $143,341 +10% |
| 2012 | $3,006 +5.1% | $130,310 +9.1% |
| 2011 | $2,861 +8.8% | $119,449 +10% |
| 2010 | $2,629 -10.5% | $108,590 -15% |
| 2009 | $2,937 -56.4% | $127,750 -70.6% |
| 2007 | $6,739 +433.7% | $434,530 |
| 2006 | $1,263 | -- |
| 2005 | $1,263 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Brickell
Nearby schools
Schools provided by the listing agent
- Elementary: Southside
- Middle: Shenandoah
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








