The Palace on Brickell Condos

1541 Brickell Ave, Miami, FL 33129 · Miami

6 for sale1 for rent$50K – $1.4M$619 / sqft median

About The Palace on Brickell

The Palace on Brickell is a 42-story condominium at 1541 Brickell Ave in Brickell, built in 1981 with 254 residences. It was developed by Harry Helmsley and designed by Arquitectonica.

Today 6 units are on the market, priced from $50K up to $1.4M (a median $619 per square foot). By size: 1 studio from $50K, 1 one-bedroom from $575K, 3 two-bedrooms from $997K and 1 three-bedroom from $1.4M. One unit is available for annual lease at $3,700 a month.

In the last year, 8 sales closed at The Palace on Brickell at a median $853K ($502/sq ft), typically going under contract in about 82 days. 7 leases were signed over the same period at a median $5,850 a month.

Life in the building comes with guard at site, child play area, a fitness center, a secured lobby, a pool and tennis courts.

The Palace on Brickell Building Facts

The Building

Address
1541 Brickell Ave, Miami, FL 33129
Neighborhood
Brickell
City
Miami, FL 33129
County
Miami-Dade County
Year built
1981
Stories
42
Residences
254
Bedrooms
Studio – 4 bedrooms
Bathrooms
2 – 3 baths
Developer
Harry Helmsley
Architect
Arquitectonica
Construction
Concrete Block Construction
Legal name
The Palace Condominium

Ownership Costs & Rules

HOA fees
$1,600 – $3,017/mo
HOA average
$2,353/mo
HOA per sq ft
$1.44/sq ft per month
HOA includes
Elevator, Trash Removal, Common Area, Internet/WiFi, Landscaping/Lawn Maintenance, All Amenities, Cable Tv, Insurance
Pets
Allowed
Leasing
12 months minimum · up to 1× a year

Market — Last 12 Months

Closed sales
8
Median sold price
$853K
Median sold $/sq ft
$502
Median days on market
82 days
Leases signed
7
Median rent
$5,850/mo
Price change vs. prior year
+0%

Views, Parking & Security

Waterfront
Yes
Views
Bay, Water, Skyline, Garden
Parking
Assigned, Valet, 1 Space
Security
Guard At Site, Lobby Secured, Complex Fenced

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

The Palace on Brickell Amenities

Pool, Spa & Fitness

  • Exercise Room
  • Pool
  • Sauna
  • Spa/Hot Tub

Security & Access

  • Guard At Site
  • Lobby Secured
  • Doorman

Social & Leisure

  • Child Play Area
  • Tennis Court(s)
  • Barbecue
  • Cabana
  • Clubhouse-Clubroom
  • Marina

Services & Building

  • Elevator(s)
  • Trash Chute
  • Elevator Secure

More Amenities

  • Complex Fenced
  • Vehicle Wash Area
  • Smoke Detector
  • Walled
  • Community Room
  • Fire Alarm

The Palace on Brickell Residence Features

  • Bay
  • Dishwasher
  • Disposal
  • Dryer
  • Open Balcony
  • Washer
  • Elevator
  • Microwave
  • Refrigerator
  • Utility Room/Laundry
  • Water View
  • Blinds
  • Closet Cabinetry
  • Electric Range
  • Electric Water Heater
  • Lobby
  • Pantry
  • Skyline
  • Bar
  • Cooking Island
  • Custom Mirrors
  • Entrance Foyer
  • First Floor Entry
  • Garden View

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at The Palace on Brickell

Residence configurations observed across current and recent The Palace on Brickell listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath974–1,117 sqft11$575K$515
2 Bed / 2 Bath1,640–1,697 sqft3—$997K – $1.1M$615
3 Bed / 3 Bath1,640–2,089 sqft1—$1.4M$670

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

The Palace on Brickell Listings

The Palace on Brickell Market Report

Over the last 12 months, 8 condo sales closed in The Palace on Brickell at a median of $853K ($502/sqft), median 82 days on market. Median sold prices are up 0.3% year-over-year. 7 leases were signed at a median of $5,850/mo ($3.45/sqft). Computed from recorded MLS closings; updates automatically.

0$1.0M$2.0MNovDecJanFebMarAprMayJunJulAugSepOctJan: $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$486565$5,850$3.45
3 Bed1$975K$5221341$7,800$4.76
4+ Bed1$1.3M$518593———
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 2025———————
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———————

The Palace on Brickell Location & Address

Address

1541 Brickell Ave, Miami, FL 33129

Brickell · Miami · Miami-Dade County

Get directions

Similar Buildings to The Palace on Brickell

Buyers weighing The Palace on Brickell tend to shortlist these Brickell buildings in a comparable price band:

The Palace on Brickell — Frequently Asked Questions

What do condos at The Palace on Brickell sell for?

Current asking prices run $50K–$1.4M across 6 listings. Closed sales over the past year had a median of $853K, or $502 per square foot. Typical sale prices: two-bedrooms $825K. Exact value depends on floor, line, view and finish.

Are there condos for sale at The Palace on Brickell right now?

Yes — 6 residences are for sale, the least expensive at $50K. Mix: 1 studio, 1 one-bedroom, 3 two-bedrooms and 1 three-bedroom. 1 unit is also available for rent.

What does it cost to rent at The Palace on Brickell?

The median rent over the past twelve months was $5,850 a month across 7 leases. One-bedrooms rented for about $3,700, two-bedrooms rented for about $5,850 and three-bedrooms rented for about $7,800. 1 unit is available to lease today. Minimum lease terms are set by the association — ask us for The Palace on Brickell’s current rental policy.

Are prices going up at The Palace on Brickell?

Prices are flat year over year. Units that sold took a median 82 days to go under contract. 8 sales closed in the last year.

When was The Palace on Brickell built?

The Palace on Brickell was completed in 1981 and has 42 stories and 254 residences. The project credits developer Harry Helmsley and architect Arquitectonica.

Where is The Palace on Brickell located?

The Palace on Brickell is at 1541 Brickell Ave, Miami, FL 33129, in Brickell. Nearby comparable buildings include Costa Bella, NINE at Mary Brickell Village and Brickell Harbour.

How does The Palace on Brickell compare with nearby buildings?

The Palace on Brickell lists from $50K to $1.4M today. For comparison, Costa Bella asks $688K–$771K, NINE at Mary Brickell Village asks $450K–$975K and Brickell Harbour asks $750K.

Living at The Palace on Brickell: Summary

The Palace on Brickell is a condominium in Brickell, Miami, FL 33129 (Miami-Dade County). Current snapshot — 6 for sale, 1 for rent and 8 sold in the past year. Buyers comparing it also look at Costa Bella, NINE at Mary Brickell Village and Brickell Harbour. For a private showing, off-market availability or a valuation of your unit at The Palace on Brickell, call Matthew Gromadzki at +1 786-370-8570.