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Brickell Key II

540 Brickell Key Dr · Built 1991 · 18 floors · 391 residences

14 for sale
For sale
14
2 pending · 12.0 mo supply
Median asking
$425K
from $312K
Median $/sqft
$628/sqft
$502/sqft sold, 12 mo
Days on market
78
109 to sell · 14 in 12 mo

7 of 14 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Brickell Key II
Listing photo · courtesy of Cervera Real Estate Inc · MLS #A12042478

Brickell Key II is a waterfront condominium of 18 floors and 391 residences, developed by Swire Properties and completed in 1991. It sits at 540 Brickell Key Dr in Brickell, and the lowest street beside it is 3.7 ft above the highest tide predicted for 2026 at Virginia Key.

The building is in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance on federally backed or federally regulated mortgages. It is in Miami-Dade hurricane evacuation zone B. Financeability is in the strong tier, with an index of 80 of 100: banks and other regulated lenders regularly finance purchases here. The Miami-Dade Clerk recorded 23 resale deeds in the 12 months to October 21, 2026.

The nearest rail station is Bayfront Park Metromover Station, 640 m away in a straight line, and the Car-Free Index is 70. A Publix is 1160 m away. There are 4 active tower construction sites within 1 km, 2 of them within 500 m, which can bring noise and traffic while work lasts. On the 2025 tax roll, 33% of units carry a homestead exemption and 22% are owned by a company or trust.

Part of the Brickell Key II complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Live near more of Miami

What surrounds Brickell Key II: 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
41
/ 100
C+
own.miami Score

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

Value42
$628/sqft — vs. Brickell condos, then all of Miami
Momentum36
-3.7% $/sqft over 6 months
Liquidity48
12.0 months of supply · 78 days on market
Health22
2 verified records: Special assessment — noted on 1 listings
Waterfront90
Waterfront building
Age28
Built 1991 — vs. Brickell buildings
own.miami Condo Index
84Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#481 of 698 tracked Miami condos
Top 69% by price per sq ft
#52 of 79 in Brickell
Momentum
↓ Cooling
$628/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

11 lines · modeled from 55 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Brickell Key II’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -05 line.

LineLayoutSizeView$/sqftSales
-011 bd · 1.5 ba700 sqftBayWaterfront$532/sqft4
-021 bd · 1.5 ba700 sqftSkyline$536/sqft2
-031 bd · 1.5 ba600 sqftOcean ViewWaterfront$533/sqft2
-05Best value1 bd · 1.5 ba700 sqftBayWaterfront$493/sqft2
-09Studio · 1 ba540 sqftSkylineWaterfront$604/sqft3
-141 bd · 1.5 ba650 sqftBayWaterfront$598/sqft2
-161 bd · 1.5 ba650 sqftSkylineWaterfront$508/sqft4
-192 bd · 2 ba1,030 sqftBayWaterfront$607/sqft3
-203 bd · 2 ba1,550 sqftBayWaterfront$952/sqft2
-241 bd · 1.5 ba640 sqftBayWaterfront$595/sqft3
-30Studio · 1 ba370 sqftBayWaterfront$736/sqft3

Modeled from Brickell Key II’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 Key II’s own sales history.

Estimated value
$345,000
$269,000–$421,000 · $493/sqft
Rough estimate · 2 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 Key II?

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 Key II; bars are closings per month.

$362$595$828Sep 2024Feb 2025Jun 2025Oct 2025Mar 2026Jul 2026

Location

Nearby buildings within half a mile.

Building facts

Address
540 Brickell Key Dr
Year built
1991
Floors
18
Residences
391
Waterfront
Yes
Developed by
Swire Properties
58
B · Developer Score
  • Ranks #12 of 13 scored Swire Properties buildings
  • Asking $628/sqft here vs $812/sqft across the developer's portfolio
  • 41% of the developer's portfolio has no adverse verified record
  • All 13 buildings by this developer

Amenities

  • · Pool
  • · Spa
  • · Fitness/gym
  • · Valet
  • · Concierge
  • · 24-hour security
  • · Tennis
  • · Racquetball
  • · Sauna
  • · Party/social room
  • · Grocery store
  • · Pet area
  • · Bbq area
  • · Children's playroom

Building rules

Parking
The building offers valet parking and some units include assigned covered parking spaces.

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 14 purchase or refinance loans on this building in the last 12 months, financing 44% of its recorded sales, and accepted a down payment as low as 5%. 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 79/100.

    Source: Miami-Dade Clerk official records

  • ElevatedSpecial assessment — noted on 1 listingsMay 19, 2026

    Source: MLS listing remarks

  • Verified: a special assessment is in force
  • Built 1991 — a recurring structural milestone inspection is due around 2026

Estimated from Brickell Key II’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 Key II: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

79Readily financeable

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
19
14 from banks and credit unions · purchases and refinances
Sales bank-financed
44%
25 recorded sales, 12 months · Resales only
Average down payment
27.8%
Lowest down payment accepted
5%
Loan programmes, 24 months:Conventional 14Private lenders 5

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 AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 12.0 ft (NGVD29).
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
7.0 ft
Lowest nearby street
4.7 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.7 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 Key II cost?+

There are 14 condos for sale at Brickell Key II, from $312,000, with a median asking price of $424,500 ($628/sqft).

How much are the HOA fees at Brickell Key II?+

HOA / maintenance fees at Brickell Key II run around $1,046 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 Key II a waterfront building?+

Yes — Brickell Key II is a waterfront building (Brickell).

When was Brickell Key II built?+

Brickell Key II was built in 1991, 18 stories, 391 residences.

Who developed Brickell Key II?+

Brickell Key II was developed by Swire Properties. Swire Properties's own.miami Developer Score is B across 13 buildings.

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