MIAMI PRIMECondos

The Palace on Brickell Building Guide

1541 Brickell Ave, Miami, FL 33129 · Miami

5 for sale2 for rent$50K – $1.4M$619 / sqft median

Inside The Palace on Brickell

On 1541 Brickell Ave in Brickell, The Palace on Brickell is a residential condominium and dates to 1981. We follow this building unit by unit: each line, floor and exposure trades at its own level, so the listings below are sorted by status — available, under contract and recently closed — rather than blended into a single average.

The layouts seen in recent MLS activity run from studios up to 4-bedroom residences. Shared facilities on record for the building include guard at site, lobby secured, barbecue, cabana, child play area and clubhouse-clubroom — worth confirming with the association which are covered by the monthly dues and which carry their own fees. For closed prices, rents and time-to-sell by bedroom count, scroll to the twelve-month market report for The Palace on Brickell further down.

Building Record

Address
1541 Brickell Ave, Miami, FL 33129
Year Built
1981
Architect
Arquitectonica
Median Price / SqFt
$619

Shared Amenities at The Palace on Brickell

  • Guard At Site
  • Lobby Secured
  • Barbecue
  • Cabana
  • Child Play Area
  • Clubhouse-Clubroom
  • Complex Fenced
  • Elevator(s)
  • Exercise Room
  • Pool
  • Smoke Detector
  • Tennis Court(s)
  • Trash Chute
  • Vehicle Wash Area
  • Walled

In-Unit Features at The Palace on Brickell

  • Bar
  • Bay
  • Blinds
  • Closet Cabinetry
  • Cooking Island
  • Custom Mirrors
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Elevator
  • Entrance Foyer
  • Lobby
  • Microwave
  • Open Balcony
  • Pantry
  • Skyline
  • Utility Room/Laundry
  • Washer
  • Water View
  • Other Equipment/Appliances
  • Pool Area View
  • Refrigerator

Finishes differ from unit to unit; check any feature against the specific listing before relying on it.

Layouts & Floor Plans in The Palace on Brickell

Unit layouts recorded in The Palace on Brickell listings, active and recently closed:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath974–1,117 sqft11$575K$515
2 Bed / 2 Bath1,640–1,697 sqft21$997K – $1.0M$613
3 Bed / 3 Bath1,640–2,089 sqft1—$1.4M$670

Compiled from MLS records. Ask for the official plan of a particular line and we will send the developer drawing.

The Palace on Brickell Listings

The Palace on Brickell — Units for Sale

The Palace on Brickell: Twelve-Month Condo Readout

A rolling year of recorded closings and signed leases for The Palace on Brickell, recalculated as new MLS closings post. Switch the metric or bedroom count below to isolate the part of the building stock you are shopping.

Closed sales:
8
Median closed:
$853K
Per sqft:
$502
Median days to sell:
82
Year over year:
+0.3%
Leases signed:
9
Median rent:
$5,850/mo ($3.51/sqft)
0$1.0M$2.0MDecJanFebMarAprMayJunJulAugSepOctNovJan: $1.3M (1 sales)Mar: $825K (1 sales)Apr: $853K (3 sales)Jun: $1.0M (1 sales)Jul: $740K (1 sales)Aug: $601K (1 sales)$1.3M$601K
$853K
Median (12 mo)
8
Sales (12 mo)
82 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed————1$3,700$3.31
2 Bed6$825K$486567$5,850$3.51
3 Bed1$975K$5221341$7,800$4.76
4+ Bed1$1.3M$518593———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Dec 2025———————
Jan 20261$1.3M$518593———
Feb 2026————1$3,600$2.12
Mar 20261$825K$486561$6,800$4.15
Apr 20263$853K$5021341$7,800$4.76
May 2026———————
Jun 20261$1.0M$619251$3,700$3.31
Jul 20261$740K$451181$5,850$3.45
Aug 20261$601K$354101$5,450$3.32
Sep 2026————1$6,475$3.82
Oct 2026————2$6,200$3.65
Nov 2026———————

Where The Palace on Brickell Sits

Towers to Compare With The Palace on Brickell

Comparable Brickell buildings whose current listings overlap the The Palace on Brickell price band — worth touring side by side:

Questions Buyers Ask About The Palace on Brickell

Which association documents should I review before buying at The Palace on Brickell?

Request the current budget, the reserve study, at least a year of board minutes, the rules and regulations, and a written statement of any special assessment that is approved or under discussion. Florida's condo-safety laws now require milestone structural inspections and structural integrity reserve studies for buildings of three or more stories, so ask where The Palace on Brickell stands on both.

Does The Palace on Brickell allow pets?

Pet policy is set by the The Palace on Brickell association and can limit the number, size or type of animals — and a board vote can change it. Get the current rule in writing before you make an offer; we request it as a standard step on every condo purchase we handle.

What leasing rules apply to owners at The Palace on Brickell?

Minimum lease length, how many times a year a unit may be leased, tenant approval and any waiting period for new owners are association decisions. If you plan to rent the unit out, verify the current policy first; the rental and leased tabs on this page show the lease activity recorded here.

How do view lines and floor height affect value at The Palace on Brickell?

Inside one tower, price follows the stack: exposure, view corridor, floor height and whether the line is a corner unit all matter. Compare closed prices by bedroom count in the market report, then ask us which lines in The Palace on Brickell face which direction before you build a shortlist.

Does a unit at The Palace on Brickell come with parking?

Parking arrangements differ by building and sometimes by unit — assigned spaces, valet, or spaces conveyed as limited common elements. Confirm how many spaces transfer with the specific residence and whether guest parking or storage costs extra.

How does Gromadzki Real Estate price a unit in The Palace on Brickell?

Building first: closings in the same line and bedroom count, then nearby floors, then comparable towers in Brickell. The association's health — reserves, assessments and insurance — gets equal weight, because it shapes the monthly cost of ownership as much as the purchase price does.

How old is The Palace on Brickell?

The Palace on Brickell dates to 1981; the architect is Arquitectonica.

What is the street address of The Palace on Brickell?

The building's address is 1541 Brickell Ave, Miami, FL 33129 — part of Brickell. The map lower on this page pins its exact location.

The Palace on Brickell: Building Notes

Building file: The Palace on Brickell, Brickell, Miami, Florida 33129 (Miami-Dade County). Credits — architect Arquitectonica; delivered 1981. Before any offer here we pull the association's current budget, reserve funding, recent board minutes, any approved or proposed special assessment and the building's milestone-inspection status, then price the unit against closings in its own line before looking at neighboring towers. Buyers weighing The Palace on Brickell usually tour Brickell Bay Club, NINE at Mary Brickell Village and Infinity at Brickell as well. To see a specific unit or ask which lines face which direction, call Matthew Gromadzki at +1 786-370-8570.