540 Brickell Key Dr # 409, Miami FL 33131, MIAMI, FL, 33131
Active187 days on marketListed Feb 5, 2026MLS #A11959692
About this home
540 Brickell Key Dr # 409, Miami FL 33131
Live like an islander! An opportunity to make the exquisite island of Brickell Key your home! Largest studio apartment that has been fully remodeled. Lovely open kitchen with high end finishes and cabinetry. Spacious living areas makes it perfect for high quality, low maintenance living! Enjoy resort style amenities included tennis courts, water front pool, waterfront job path, fitness center, and pet area with 24-hour private security. Island amenities the Island of Brickell Key include the Bay Walk for evening waterfront strolls, convenience store, sushi restaurant, hair salon, bakery, and Italian restaurant. Conveys with 1 parking space.
Facts & features
The home at a glance
0
Bedrooms
1
Bathrooms
540
Sqft
1
Garage
1991
Year built
$630
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,101 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,101/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+13.6%
$/sqft vs BRICKELL KEY II CONDO
$630 vs $626
Days on market
187 vs 66 typical
Where $630/sqft sits among the 12 homes for sale in BRICKELL KEY II CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Brickell
Get to know Miami. See the full Miami guide →
Brickell — neighborhood snapshot
Population
39,904
Median age
39
Median income
$135,855
Median home value
$630,635
Avg household
2
Households w/ children
2,904
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 12
BRICKELL KEY II CONDO have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 23% above the MIAMI 33131 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 540 Brickell Key Dr # 409
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$356,600
540 Brickell Key Dr # 1809, Miami FL 33131 · same community
1 bd · 1.5 ba · 590 sqft · $604/sqft · 6 DOM
Sold · May ’26$371,000
540 Brickell Key Dr # 1711, Miami FL 33131 · same community
1 bd · 1.5 ba · 590 sqft · $629/sqft · 40 DOM
Sold · Jun ’26$240,000
540 Brickell Key Dr # 210, Miami FL 33131 · same community
1 bd · 1.5 ba · 600 sqft · $400/sqft · 326 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 540 Brickell Key Dr # 409 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 540 Brickell Key Dr # 409 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
540 Brickell Key Dr # 409 FAQs
What would the monthly payment be for 540 Brickell Key Dr # 409, Miami FL 33131?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,101/mo — principal and interest, the actual property-tax bill, the $600/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 540 Brickell Key Dr # 409, Miami FL 33131?+
The association fee works out to $600 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 540 Brickell Key Dr # 409, Miami FL 33131?+
The most recent tax bill on record (2025) was $2,267. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 540 Brickell Key Dr # 409, Miami FL 33131?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $340,000, this home is listed about 44% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 540 Brickell Key Dr # 409, Miami FL 33131?+
Coral Way K-8 Center (elementary), Shenandoah Middle School (middle), District Instructional Center (Dic) (), Miami Senior High School (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$340,000 runs 23% above the MIAMI 33131 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $600/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
187 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of BHHS EWM Realty · Giovanna Fernandez. MLS #A11959692.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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