Own Brickell

Brickell Bay Tower

1408 Brickell Bay Dr · Built 1964 · 14 floors · 214 residences

6 for sale
For sale
6
1 pending · 24.0 mo supply
Median asking
$409K
from $299K
Median $/sqft
$502/sqft
$515/sqft sold, 12 mo
Days on market
74
129 to sell · 3 in 12 mo

2 of 6 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Brickell Bay Tower
Listing photo · courtesy of BHHS EWM Realty · MLS #A11782587

Brickell Bay Tower is a waterfront building at 1408 Brickell Bay Dr in Brickell, built in 1964 with 14 floors and 214 residences. It sits in FEMA flood zone VE, a coastal high hazard area where FEMA maps a 1% yearly chance of flooding with storm waves, and where lenders require flood insurance for federally backed or federally regulated mortgages. The building is in Miami-Dade hurricane evacuation zone B, and the lowest street beside it is 1.5 ft above the highest tide predicted for 2026 at Virginia Key.

The Financial District Metromover Station is 370 m away in a straight line, and the Car-Free Index is 78. The nearest Publix is 760 m away. There are 13 active tower construction sites within 1 km, 4 of them within 500 m. Construction nearby can bring noise and traffic while it lasts, and new towers can change views.

On the 2025 tax roll, 36% of units carry a homestead exemption and 12% are owned by a company or trust. The Miami-Dade Clerk recorded 6 resale deeds in the 12 months to October 21, 2026. Financeability is rated good at 74 of 100, meaning regulated lenders have financed purchases here in the last two years.

Live near more of Miami

What surrounds Brickell Bay Tower: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Brickell is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

MetromoverMetrorail (Brickell)Brickell City CentreMary Brickell VillageSimpson ParkThe UnderlineBrickell Key
51
/ 100
B−
own.miami Score

A data-grounded score for Brickell Bay Tower from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value23
$517/sqft — vs. Brickell condos, then all of Miami
Momentum50
Recent price trend
Liquidity30
20.0 months of supply · 88 days on market
Health93
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age2
Built 1964 — vs. Brickell buildings
own.miami Condo Index
79Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#526 of 698 tracked Miami condos
Top 75% by price per sq ft
#61 of 79 in Brickell
Momentum
→ Steady
$517/sqft median ask
Liquidity
Slow
See the full Condo Index →

The stacks

4 lines · modeled from 23 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Brickell Bay Tower’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -11 line.

LineLayoutSizeView$/sqftSales
-041 bd · 1 ba787 sqftBayWaterfront$487/sqft2
-071 bd · 1 ba787 sqftBayWaterfront$527/sqft4
-11Best value2 bd · 2.5 ba1,574 sqftBayWaterfront$397/sqft3
-182 bd · 2 ba1,098 sqftBayWaterfront$469/sqft3

Modeled from Brickell Bay Tower’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Brickell Bay Tower’s own sales history.

Estimated value
$625,000
$508,000–$742,000 · $397/sqft
Moderate confidence · 3 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Brickell Bay Tower?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Brickell Bay Tower; bars are closings per month.

$337$527$717Feb 2024Oct 2024Feb 2025Oct 2025Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1408 Brickell Bay Dr
Year built
1964
Floors
14
Residences
214
Developer
Landy, Burton A., Trustee
Waterfront
Yes

Amenities

  • · 24-hour security
  • · Concierge
  • · Fitness center
  • · Swimming pool
  • · BBQ area
  • · Sauna
  • · Party room
  • · Package room

Building rules

Parking
The building offers covered parking, including options for assigned spaces and guest parking.

Special assessments & recertification outlook

Elevated

Public records checked Oct 27, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 4 purchase or refinance loans on this building in the last 12 months, financing 17% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 63/100.

    Source: Miami-Dade Clerk official records

  • Built 1964 — a recurring structural milestone inspection is due around 2029

Estimated from Brickell Bay Tower’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Brickell Bay Tower: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

63Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
5
4 from banks and credit unions · purchases and refinances
Sales bank-financed
17%
6 recorded sales, 12 months · Resales only
Average down payment
31.6%
Lowest down payment accepted
20%
Loan programmes, 24 months:Conventional 4Private lenders 1

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Brickell

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone VE: coastal high-hazard area. FEMA maps a 1% yearly chance of flooding with storm waves here.
Base flood elevation on the map: 14.0 ft.
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
5.4 ft
Lowest nearby street
2.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.5 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Brickell Bay Tower cost?+

There are 6 condos for sale at Brickell Bay Tower, from $299,000, with a median asking price of $408,500 ($502/sqft).

How much are the HOA fees at Brickell Bay Tower?+

HOA / maintenance fees at Brickell Bay Tower run around $897 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Brickell Bay Tower a waterfront building?+

Yes — Brickell Bay Tower is a waterfront building (Brickell).

When was Brickell Bay Tower built?+

Brickell Bay Tower was built in 1964, 14 stories, 214 residences.

Who developed Brickell Bay Tower?+

Brickell Bay Tower was developed by Landy, Burton A., Trustee.

Stay ahead
Interested in Brickell Bay Tower?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like Brickell Bay Tower, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/brickell-bay-tower" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>