3149 Brickell Ave
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Coconut Grove Elementary School
Ponce De Leon Middle School
Coral Gables Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This Brickell Avenue single-family home represents an extremely high-capital investment, characteristic of trophy assets. The stated gross rental yield of 8.24% is unusually high for this caliber of luxury real estate in prime Miami, suggesting aggressive income projections or low operating expense inclusion. Conservatively estimating significant operating expenses (property taxes, insurance, management), the net cash-on-cash return will likely be significantly lower, potentially near the low single digits. While Miami's appreciation prospects are strong, a 4% annual appreciation on an $110M asset offers minimal dollar-for-dollar upside compared to smaller, higher-yield properties. This investment is predicated almost entirely on long-term wealth preservation and appreciation, not immediate cash flow.
- • Unmatched location in Brickell, Miami's financial hub, ensuring long-term desirability.
- • High-end, large square footage (5705 sqft) supports premium rental rates.
- • Strong projected annual appreciation rate of 4%.
- • Extremely high initial cost basis ($110M), requiring substantial debt or equity.
- • The stated 8.24% gross yield must be heavily scrutinized for net cash flow viability after high Miami property taxes and insurance.
- • Liquidity risk is high due to the specialized nature of trophy asset sales.
- • Minimal cash flow generation relative to capital deployed under conservative net operating income estimates.
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-02-26 | Listed for sale | $110,000,000 | $19,281 |
| 2012-12-19 | Sold | $6,580,000 | $1,153 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $196,291.6 | $9,352,998 |
| 2023 | $195,561.45 | $9,080,581 |
| 2022 | $189,560.3 | $8,816,099 |
| 2021 | $191,221.31 | $8,636,755 |
| 2020 | $188,882.58 | $9,059,172 |
Property Specs
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $7,112,326/yr
On $25,300,000 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Miami.