Closed

The Palace, Miami, FL 33129

575,000(-11.3% )
1Beds
11/2Baths
1,117SqFt

Save

Details

Save

Status:
Sold - Apr 09, 2025
Parking: 1
Size: 1,117 SqFt (104 m2)
Price: $457/SqFt ($4,915/m2)
Type: Condo
Built: 1981
HOA: $1,786/MO
MLS Number: A11707894
View: Bay,Ocean
On Site: 243 Days
Updated: 125 Days ago
Page Views: 0
Experience luxury living in this iconic brickell oasis designed by world renowned architectonica. This oversized unit is immaculate with breath taking ocean views. The palace offers 5-star amenities including a beautiful pool, bbq area, tennis courts, children's play area, 24-hour security, state of the art gym and much more. It has already undergone special assessments addressing 40 & 50 year inspections and improvements including full renovation of pool, gym, seawall and more. Please click on showing request for showing instructions and buyer agent incentive.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,Ocean
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Marble
  • Year Built: 1981
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-12-13T12:11:14.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Insurance, RecreationFacilities, Roof, Sewer, Security
    • Taxes: 4592
    • Security Information: DoorMan, ElevatorSecured, FireAlarm, SecuredGarageParking, LobbySecured, SecurityGuard
    • Parking Description: Covered,OneSpace
    • Total Floors in Building: 40

    Price History

    04/09/2025

    Date

    Sold

    Event

    $510K

    Price

    -11.3%

    Change Rate

    $457 ft2 / $4,915 m2

    Price Per

    12/13/2024

    Date

    Listed

    Event

    $575K

    Price

    $515 ft2 / $5,541 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Manuel VegaReal Estate Sales Force • Buyer Agency Compensation .

    Instant Comps

    $200/ft²
    $400/ft²
    $700/ft²
    $1,000/ft²

    Unit – Asking

    $457/ft²

    (-7%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $492/ft²
    Community $/Price Range (Closed) $323/ft² – $834/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 8071/11,117$497WestOcean$555,0001/30/2024
    # 10071/11,117$488WestOcean$545,0008/30/2023
    Unit: # 807
    Bed/Bath: 1/1Size SqFt: 1,117$/SqFt: $497Exposure: WestView: OceanSold: $555,000Closed Date: 1/30/2024
    Unit: # 1007
    Bed/Bath: 1/1Size SqFt: 1,117$/SqFt: $488Exposure: WestView: OceanSold: $545,000Closed Date: 8/30/2023
    THINKING OF SELLING IN The Palace at Miami?

    Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

    Miami
    Mid-Tier Homes & Condos

    Logo

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

    Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.