Club at Brickell
The Club at Brickell Bay, known on this page as Club at Brickell, is the most flexible address on Brickell Bay Drive, a 43 story tower at 1200 Brickell Bay Drive where owners can rent their homes by the night. That single policy sets it apart from nearly every condominium in Brickell, where associations restrict leases to six months or a year. Short term rentals are permitted here, which is why the tower draws investors, snowbirds and residents who split their year between Miami and somewhere else. The building opened in late 2004 on the quiet waterfront...
Club at Brickell
The Club at Brickell Bay, known on this page as Club at Brickell, is the most flexible address on Brickell Bay Drive, a 43 story tower at 1200 Brickell Bay Drive where owners can rent their homes by the night. That single policy sets it apart from nearly every condominium in Brickell, where associations restrict leases to six months or a year. Short term rentals are permitted here, which is why the tower draws investors, snowbirds and residents who split their year between Miami and somewhere else. The building opened in late 2004 on the quiet waterfront loop east of Brickell Avenue, and it holds 643 residences, one of the largest counts in the district, in a blue glass tower that predates most of its neighbors.
The developer was Florida East Coast Realty, the company of Tibor Hollo, the Hungarian born builder who has been shaping Miami's skyline since the 1960s. Hollo went on to raise Panorama Tower on Brickell, for years the tallest building in Florida, and earlier built Opera Tower downtown. The Club at Brickell Bay came from the same playbook, a big, amenity loaded tower aimed at residents who actually live in the city year round. Its history includes a rough chapter, heavy mortgage fraud during the bust and millions in delinquent assessments, followed by a turnaround that won it a 2014 Communities of Excellence Comeback Kid award from the Florida Community Association Professionals.
Residences run from studios to three bedrooms, currently listed from about 425 to 1,232 square feet, and the market here is one of Brickell's most active at the attainable end. Resales currently start at $320,000, with about 30 homes on the market and a median recorded sale price near $480,000 over the past year. Rentals are just as busy, with more than 30 homes offered from about $2,800 a month for studios and one bedrooms, and the daily rental program layered on top for owners who want hotel style income. Two pools, a fitness center, tennis and a bayfront setting a short walk from the Brickell core round out the offer.
The location is the quiet side of Brickell. Brickell Key and its Mandarin Oriental sit across the causeway, Brickell City Centre and Saks Fifth Avenue are a few minutes northwest, and Mary Brickell Village is close enough for dinner on foot. For buyers priced out of the branded towers, or investors who need rental freedom the newer buildings do not allow, the Club at Brickell remains the workhorse of Brickell Bay Drive.
Facts and Details
- Address: 1200 Brickell Bay Drive, Miami, FL 33131
- Developer: Florida East Coast Realty, Tibor Hollo
- Stories: 43
- Residences: 643, studios to three bedrooms
- Sizes: approximately 425 to 1,232 square feet in current listings
- Opened: late 2004
- Most known for: permitting daily and short term rentals, rare among Brickell condominiums
- Market: resales starting at $320,000, rentals from about $2,800 a month
Frequently Asked Questions
Can you rent short term at Club at Brickell?
Yes. The Club at Brickell Bay is one of the few Brickell condominiums that permits daily and short term rentals, which is why listing agents market it as Airbnb friendly. Most neighboring towers require minimum leases of six months to a year, so this policy is the building's defining advantage for investors.
How much does it cost to buy at Club at Brickell?
Current resales at Club at Brickell start at $320,000 for studios and small one bedroom homes and run to about $1,250,000 for the largest residences. The median recorded sale over the past year was about $480,000, making it one of the most attainable full amenity towers on Brickell Bay Drive.
Who developed Club at Brickell?
Florida East Coast Realty, led by Tibor Hollo, developed the tower. Hollo's Miami landmarks include Panorama Tower on Brickell, for years the tallest building in Florida, and Opera Tower downtown, along with Bay Parc Plaza.
What is the Club at Brickell turnaround story?
During the housing bust the building was hit hard by mortgage fraud and delinquent assessments, with roughly 60 illegal tenants found by 2012. The association rebuilt its finances and operations, and in 2014 the tower won a Communities of Excellence Comeback Kid award, a turnaround still cited in Florida association circles.
What is near Club at Brickell?
The tower sits on the Brickell Bay Drive waterfront loop, across the causeway from Brickell Key and the Mandarin Oriental. Brickell City Centre with Saks Fifth Avenue, Mary Brickell Village and the Brickell Avenue dining row are all a few minutes away.
