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$700,000

Beds
2
Baths
1.0
sq ft
1,072

1200 Brickell Bay Dr Unit 1406, Miami, FL 33131

1200 Brickell Bay Dr Unit 1406

Miami, FL 33131

  • 1 day on market
This 2-bed, 1-bath condo, originally a large 1-bed, has been repurposed to maximize Airbnb revenue. With no rental restrictions, it is a prime investment or vacation home. Located on the 14th floor with double-high ceilings, this unit sits on the Amenity Level, with direct access to two pools, gym, restaurant, and children’s area. The modern interior features a stainless steel and granite kitchen, wood flooring and is meticulously furnished for an Airbnb-friendly experience. A spacious balcony offers water and city views, and the unit has one parking space a few steps away. The Club at Brickell, in Miami’s financial district, is surrounded by dining, shopping, and entertainment. It offers a 24-hour concierge, valet parking, fiber-optic internet, and easy access to beaches and the airport.

Details

Property type

Condominium

Est. home value

$749,350

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$653

Year built

2005

Annual property taxes

$5,075

Monthly HOA fee

$948

Price History

03/31/2025
SEF

SEF #A11774179

Listed
$700,000
-6.67%
10/04/2024
SEF

SEF #A11500961

Removed
$750,000
10/04/2024
SEF

SEF #A11500961

Listed
$750,000

Schools & Community

Neighborhood: 

Brickell

Elementary school: 

Southside

Middle school: 

Shenandoah

High school: 

Washington; Brooker T

Number of units in community: 

643

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Point Digital Finance Inc

Loan start date

July 2022

Original loan amount

$114,000

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Purchase Money Mortgage, 30 year

Seller

Brenda Badal and Rey Badal

Lender

Point Digital Finance Inc

Loan start date

July 2022

Original loan amount

$114,000

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Purchase Money Mortgage, 30 year

Seller

Brenda Badal and Rey Badal

Lender

Nations Lending Corp

Loan start date

March 2019

Original loan amount

$199,875

Est. remaining balance

$178,034

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Rey Badal and Brenda Badal

Lender

Nations Lending Corp

Loan start date

March 2019

Original loan amount

$199,875

Est. remaining balance

$178,034

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Rey Badal and Brenda Badal

Lender

Barry Schnittman

Loan start date

May 2017

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

4.14%

Loan type

Future Advance Clause / Open End Mortgage, 2 year

Seller

Rey Badal and Brenda Badal

Lender

Barry Schnittman

Loan start date

May 2017

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

4.14%

Loan type

Future Advance Clause / Open End Mortgage, 2 year

Seller

Rey Badal and Brenda Badal

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:20 AM

Listing updated: 03/31/2025 at 6:26 PM

Listed by: Corey Schwartz, Gravity Real Estate, LLC Phone #: (305) 726-2100

MLS: SEF #A11774179

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