950 Brickell Bay Dr, Miami, FL, 33131 · Designed by Nichols Brosch Wurst Wolfe & Associates (Tower Design), Hirsch Bedner Associates (Common Area Spaces)
The Plaza on Brickell East
950 Brickell Bay Dr, Miami, FL, 33131
Overview
The Plaza on Brickell East, the taller tower of the two-tower development, is a remarkable 55-story residential building in Brickell. Developed by The Related Group and designed by Nichols Brosch Wurst Wolfe & Associates, with the common areas designed by Hirsch Bedner Associates, this luxury tower offers 560 condo residences with one- and two-bedroom floor plans and penthouses. Completed in 2008, The Plaza on Brickell East boasts exceptional amenities, including a fitness center, steam rooms, two infinity-edge swimming pools, a hot tub, a business center, a theater room, and a clubroom. With a prime location at 950 Brickell Bay Drive, residents enjoy proximity to the waterfront and the shops, restaurants, and bars at Mary Brickell Village and Brickell City Centre. The Plaza on Brickell East is within a short drive to the American Airlines Arena, South Beach, Wynwood Miami, and the Miami International Airport.
Financing a unit in this building: down payment minimums, how buyers are reviewed, and any special assessment.
Down payment
Primary 3% · Second home 10% · Investment 15%
Lender review
Full review
Right of first refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
SIRS & structural compliance
✓SIRS required for this buildingYes — 55 floors
SIRS study completedNot verified
Reserve study reported to the stateNot verified
Phase 1 milestone inspectionNot verified
40-year recertificationNot verified
Permits
Permits not yet researched for this building.
Reviews & reputation
4.2
out of 5 across 96 Google reviews
Unverified resident claim — kept in the wording below on purpose
Residents on Google are split. Positive reviews cite cleanliness, holiday decor, and staff friendliness. SERIOUS UNVERIFIED CLAIMS from multiple recent reviews: chronic elevator failures over a 3-month period, water shortages, AC failures, and -- most seriously -- claims that elevators have dropped 2-3 stories with passengers inside. This was not found corroborated by news search in this session -- treat as resident-reported claims requiring verification (e.g. state elevator inspection records) before any public-facing use. If true, this would be a serious safety issue worth a dedicated research pass.
Summaries are synthesized by Allioo from public review signals, not direct quotes from residents.
Market
Median sold price
$1,149,000
4 units sold · limited data
Median sold $/sqft
$777
June 2026
Median rent
$3,450
As of April 2026
By bedroom count
Unit typeAs ofMedian soldSale $/sqftUnits sold
StudioFebruary 2015$529,500$4811 · limited
1 bedJanuary 2026$440,000$7014 · limited
2 bedJune 2026$740,000$6723 · limited
3 bedMarch 2026$1,699,000$8823 · limited
Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales. Median rent is from the MLS and may be delayed. Full stats
Frequently asked questions
Owners may rent their units a maximum of two (2) times per year. No lease can be less than six (6) months. · 12 months minimum
Yes · No weight restrictions
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.
Review type: ["Full Review"]. Typical primary residence minimum shown: 3%. Actual requirements vary by lender and loan program.
Status unknown — contact HOA to confirm if they hold purchasing rights
Property manager not on file with Allioo. Association direct line: 786-220-5959.
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.
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