Brickell Key One

About Brickell Key One

Brickell Key One was the first condominium tower built on Brickell Key, completed in 1982 by Swire Properties and designed by J. Scott Architecture. The 22-story building holds 316 residences ranging from studios to five-bedroom layouts, with floor plans between roughly 447 and 4,076 square feet.

The building's position on the western side of the island gives most units views across Biscayne Bay toward the Brickell skyline, with east-facing residences looking toward the Port of Miami. Because the building is more than four decades old, individual units vary considerably in condition — many have been fully renovated, and buyers should expect a wide range of finish quality across the inventory. That variability is part of why Brickell Key One typically trades at a lower price per square foot than the island's newer towers, making it one of the more accessible entry points to Brickell Key.

Amenities

What Carlos Says

Brickell Key One is the most accessible door into Brickell Key, and for the right buyer — someone focused on value, yield, or simply the island address at the lowest cost — it’s worth evaluating. But this is a 40+ year old building, which means Florida Milestone Inspection compliance is mandatory and the reserve fund requires thorough scrutiny.

We see Brickell Key One as an investor play rather than a primary-residence purchase for most buyers we work with. The finishes and building systems are older, and there’s a meaningful difference in day-to-day experience compared to Carbonell or Asia. If you’re buying to hold and rent, the math can work — we’ll help you run it.

Building Fees & Assessments

Essential: request the most recent financial statements, reserve study, and Florida Milestone Inspection documentation. Given the building’s age, these are non-negotiable due diligence items.

Rental Potential

Strong rental demand at this price point. Long-term rentals allowed, maximum two rentals per year with a six-month minimum lease; short-term rentals are not permitted. Association dues include basic cable, water, sewer, and trash. Pet-friendly. Low price-to-rent ratio can produce solid cap rates if the building financials are sound.