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+8 photosLuxury home — 1200 Brickell Avenue 505-B · Miami
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Open property magazine$875,000
1200 Brickell Avenue 505-B, Miami, FL 33131
Miami, FL, 33131
— bd · — ba · — sqft
Listed by BHHS EWM Realty
1200 Brickell Avenue 505-B, Miami, FL 33131
Listed by BHHS EWM Realty
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Estimated monthly payment
$6,397/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $6,397/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesMove-in ready office suite in the heart of Brickell. This 2,146 square foot office offers a functional layout with four private offices, reception area, conference room, printer/copy room, and kitchenette. The space flows efficiently and is well-suited for an owner-user or investor seeking immediate usability. Located within 1200 Brickell Avenue, the suite enjoys a professional setting with convenient access to the surrounding Brickell district. The office overlooks the planned landscaped garden pavilion and the Ora by Casa Tua development, providing a more open outlook and long-term enhancement to the immediate environment. A rare opportunity to acquire a well-located, updated office suite offering strong presence, accessibility, and long-term appeal in the core of Brickell. For Sale and Lease.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 28%
The seller has come down from $1,212,490 to $875,000 — a $337,490 reduction since it came on the market.
265 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $6,397/mo
1200 Brickell Avenue 505-B, Miami, FL 33131 · Miami
Location
1200 Brickell Avenue 505-B, Miami, FL 33131
What buyers ask about this home
What are the estimated monthly carrying costs at 1200 Brickell Avenue 505-B, Miami, FL 33131?+
Property tax (after sale): $1,492/month est.; homeowners insurance: $365/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,857/month est. Principal and interest: $4,540/month; PMI: $0/month. Total for the payment scenario shown: $6,397/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1200 Brickell Avenue 505-B, Miami, FL 33131?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1200 Brickell Avenue 505-B, Miami, FL 33131 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1200 Brickell Avenue 505-B, Miami, FL 33131?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1200 Brickell Avenue 505-B, Miami, FL 33131?+
This listing has been on the market 265 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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