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The Palace

1541 BRICKELL AVE, Miami, FL 33129
Building file last updated 2026-07-06 · How we research buildings
1981
YEAR BUILT
254
UNITS
39
FLOORS
$575,000+
RECENT SALES

The Palace is a 39-story bayfront condominium on Brickell Avenue in Miami, completed in 1981 and designed by Arquitectonica; it was a filming location for Miami Vice. The building holds 254 residences in one- to four-bedroom layouts plus penthouses, with floor-to-ceiling glass and deep private balconies. The Brickell waterfront location places it within walking distance of Mary Brickell Village and Brickell City Centre.

What our building intelligence file shows

This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.

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Researched fresh for your purchase from state, county and city records, court dockets, and live market data. Delivered within 24 hours — usually much sooner.
Buying a specific unit? Add the Unit & Price Analysis (+$5): is the asking price fair? We position it against the building's recent sales and estimate your true monthly cost of ownership — HOA, known assessments, and taxes — for your unit.

Amenities at The Palace

swimming poolhot tub/spalighted tennis courtsfitness centerchildren's play area24-hour concierge/securityvalet and covered parkingguard gate

Frequently asked questions

What are the HOA fees at The Palace?

Publicly reported association fees at The Palace are approximately $1.44/sqft/month (avg), covering basic cable, water, sewer, trash. Buyers should verify the current fee schedule for the specific unit with the association.

How much do condos at The Palace cost?

Recent listings at The Palace range around $575,000+, with about 2 units actively for sale as of the last research date.

What is the pet policy at The Palace?

Publicly reported pet policy: Pets allowed for owners and renters per current building data; some older sources note dogs restricted (cats/birds only). Confirm current rules with the association before purchasing.

How old is The Palace?

The Palace was built in approximately 1981 and rises 39 floors with 254 units.

What is the building inspection status at The Palace?

Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.

Why Florida condo buildings need a closer look

When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.

In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.

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Nearby in Miami: Star Lakes Estates · Point East One · Jockey Club I · Ocean Point Condominium · The Presidential · All Miami condos