For SaleRisky Deal7 days on market

1200 Brickell Bay Dr APT 3001

1200 Brickell Bay Dr APT 3001, Miami, FL 33131, Miami, FL 33131
$720,000

Listing Price

Property image 1
1200 Brickell Bay Dr APT 3001, Miami, FL 33131
Loc: Miami, FL
Days Listed
7
Tax Assessed
$613k
Rent Estimate
$4,183/mo
Est. Cash Flow base
Type
condo

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.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Southside Elementary School

PK-8
0.2 mi away
4

Booker T. Washington Senior High School

9-12
1.9 mi away
5

Shenandoah Middle School

6-8
2.3 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernluxury apartmentocean viewfloor to ceiling windowsbalconyopen concepthigh-risecontemporary interiorarchitectural ceilingcoastalnatural lightwood flooringurbanminimalist decor

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.93%
Total ROI
44.4%
Cash Flow
$-1,375/mo
DSCR
0.63
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,375/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Miami, FL
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-17Price change$720,000$652
2024-11-26Listed for sale$800,000$724
2024-08-12Listing removed$0
2024-05-06Listing removed$799,999$724
2024-03-04Contingent$799,999$724
2023-12-28Price change$799,999$724
2023-11-16Listing removed$0
2023-10-30Price change$895,000$810
2023-10-24Price change$4,950$4
2023-09-14Price change$5,100$5
2023-08-14Price change$900,000$814
2023-07-21Price change$950,000$860
2023-06-20Listed for sale$960,000$869
2023-06-16Listed for rent$5,250$5
2023-06-12Listing removed$0
2023-03-09Listed for sale$1,000,000$905
2022-08-19Sold$945,000$855
2022-06-23Contingent$999,000$904
2022-06-21Pending sale$999,000$904
2022-03-24Listed for sale$999,000$904
2020-05-29Sold$400,000$362
2020-05-13Pending sale$425,000$385
2020-04-22Listed for sale$425,000$385
2017-08-02Listing removed$2,450$2
2017-07-26Listed for rent$2,450$2
2008-05-29Sold$170,000$154
2005-07-11Sold$333,100$301

Tax History

YearProperty TaxTax Assessment
2025$12,484.32$612,644
2024$13,930.42$680,715
2023$13,629.66$648,300
2022$7,973.28$339,588
2021$6,703.7$308,717
2020$6,719.61$308,717
2019$6,413.8$294,016
2018$6,295.92$294,016
2017$6,295.92$283,631
2016$6,213.89$257,847
2015$5,893.31$234,407
2014$5,703.25$213,098
2013$4,261.14$193,726
2012$4,261.14$176,115
2011$3,834.82$160,105
2010$3,523.5$145,550
2009$3,936.95$171,230
2007$9,032.64$582,430
2006$1,724.41$0
2005$1,724.41$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,105

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