Experience grandeur at The Palace, situated at 1541 Brickell Ave, Miami, FL 33129. Developed by Harry B. Helmsley and completed in 1981, this iconic condominium offers one to three-bedroom apartments with spacious layouts and stunning views of Biscayne Bay. Residents can enjoy an array of amenities, including a swimming pool, fitness center, and tennis courts. The Palace's prestigious location in the Brickell neighborhood provides easy access to upscale shopping, gourmet dining, and vibrant entertainment. Indulge in a luxurious lifestyle and breathtaking waterfront views at The Palace.
Financing a unit in this building: down payment minimums, how buyers are reviewed, and any special assessment.
Right of first refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
SIRS & structural compliance
✓SIRS required for this buildingYes — 40 floors
✓SIRS study completedYes
✓Reserve study reported to the stateYes
Phase 1 milestone inspectionNot verified
40-year recertificationNot verified
Permits
Permits not yet researched for this building.
Reviews & reputation
4.4
out of 5 across 76 Google reviews
Mixed. Positive on views, front desk, and location. Recurring serious complaints: frequent false fire alarms at all hours, a year-long pool closure poorly communicated to tenants (residents finding out from neighbors after renewing leases), new added fees for deliveries and valet, and one detailed account of unusually strict/uncomfortable guest-entry screening. One resident describes the HOA staff as unprofessional.
Summaries are synthesized by Allioo from public review signals, not direct quotes from residents.
Market
Median sold price
$825,000
5 units sold
Median sold $/sqft
$486
July 2026
Median rent
Not available
Building-level rent data coming later
By bedroom count
Unit typeAs ofMedian soldSale $/sqftUnits sold
StudioAugust 2024$227,400$1,9363 · limited
1 bedApril 2025$505,000$4523 · limited
2 bedJuly 2026$801,250$4804 · limited
3 bedApril 2026$975,000$5223 · limited
4 bedDecember 2025$1,250,000$5123 · limited
5 bedFebruary 2022$1,226,900$2222 · limited
Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales. Full stats
Frequently asked questions
No lease can be less than one (1) year.
Cats only
Basic cable (Hotwire), water, sewer and trash removal are included in the condominium association dues.
SIRS is required (3+ stories): Yes. Study completion and state reporting — verify with the HOA before closing.
Status unknown — contact HOA to confirm if they hold purchasing rights
Property manager not on file with Allioo. Association direct line: 305-858-8400.
Data on this page is for informational purposes only and may be outdated or inaccurate. Confirm fees, rules, SIRS status, and other details directly with the building association before you buy or lease.
We use cookies and similar technologies to run the site, keep you signed in, and improve your experience. Cookie details