Building facts
- Address
- 1200 Brickell Bay Drive
- Neighborhood
- Brickell
- Year built
- 2005
- Floors
- 43
- Residences
- 643
- Status
- Completed
- Developer
- Florida East Coast Realty
- Architect
- Corradino Group
- Pricing
- Starting at $370,000
Key Takeaways
- The Club at Brickell Bay holds 643 residential homes — no commercial folios, dominated by one-bedrooms (406 of 643, or 63%).
- Median $/sq ft has fallen every year on record — from $697 in 2023 to $552 in 2026 to date — down 20.8% in total, with no year moving the other way.
- Median sale price fell the same four years — from $510,000 to $460,000, a 9.8% decline — price and per-foot value are telling the same story, not different ones.
- 132 qualified sales across four years is a deep sample — roughly one home in 19 trades hands in an average year, which is unusually liquid for a Brickell condo.
- The building is unusually uniform — 262 of the 643 homes — 4 in 10 — are exactly 825 sq ft, which makes the $/sq ft comparison across years more reliable than at a mixed-floorplan building.
- The record sale predates this decline — $1,100,000 for a 1,105 sq ft unit on 26 October 2022, working out to about $995/sq ft against today’s $552 median.
1200 Brickell Bay Drive, Miami, Florida 33131 | Neighborhood: Brickell
What Is Actually in the Club at Brickell Bay
1200 Brickell Bay Drive returns two separate subdivisions in the Miami-Dade County Property Appraiser’s records: The Club at Brickell Bay (643 folios) and Brickell Bay Plaza (75 folios). This page covers The Club at Brickell Bay only. I have not folded the two together, and a buyer comparing listings at this address should confirm which building a unit actually sits in before assuming the numbers below apply to it.
All 643 folios in The Club at Brickell Bay are residential homes — zero are recorded as commercial. The bed mix is heavily weighted toward one-bedrooms: 406 one-bedrooms (63% of the building), 124 two-bedrooms, 59 three-bedrooms and 54 studios. This is not a building with a broad range of larger family-sized units; it is, on the record, mostly a one-bedroom building with a meaningful studio and two-bedroom presence underneath it.
Heated area runs from 425 to 1,245 sq ft, with a median of 825. What stands out is how repetitive the floorplan mix is: 262 of the 643 homes — 4 in 10 — are exactly 825 sq ft. Beyond that, 59 units are 1,105 sq ft, another 59 are 1,232 sq ft, and 52 are 425 sq ft. Four floorplans account for the large majority of the building. I’ll come back to why that matters for reading the price trend.
2026 assessed values for the building range from $148,590 to $644,024, with a median of $353,775. I do not have the building’s age, storey count, architect or amenity package from this record, and I am not filling those in from memory — none of it is confirmed against a primary source as of this writing.
The Price Record, Four Years Running
The county record shows 132 qualified, arm’s-length sales at The Club at Brickell Bay across four years, with bulk and portfolio transfers already collapsed to a single transaction where they occurred:
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 43 | $510,000 | $697 |
| 2024 | 37 | $480,000 | $600 |
| 2025 | 31 | $465,000 | $590 |
| 2026 to date | 21 | $460,000 | $552 |
Both figures moved in the same direction every single year. Median $/sq ft fell 13.9% from 2023 to 2024, another 1.7% from 2024 to 2025, then 6.4% from 2025 to 2026 to date — a total decline of 20.8% across the period measured. Median sale price fell more gently over the same span, from $510,000 to $460,000, down 9.8% in total. Sale counts also stepped down each year — 43, then 37, then 31, then 21 with 2026 still incomplete — which is worth flagging honestly rather than treating as noise.
My honest reading of this table is that it supports a real, four-year decline in per-foot value at this building. It is not a thin record where a trend would be a guess dressed up as data — 132 qualified sales is one of the larger samples I’ve worked with in this series, and the direction never reverses.
Why Does This Decline Deserve More Trust Than Most Buildings?
I have written up other buildings in this market where median sale price and median $/sq ft disagree — price climbs while the per-foot figure falls, or the reverse, because the mix of units that happened to sell that year shifted toward bigger or smaller floorplans. That is the floorplate illusion, and it is the single most common way a building page misleads a buyer. At The Club at Brickell Bay, that test comes back clean. Median price fell in every year measured, and median $/sq ft fell in every year measured, by comparable proportions. When both move together like this, the decline is a genuine value change, not an artifact of which units happened to close that year.
The building’s own uniformity strengthens that read. With 262 of 643 homes built to the identical 825 sq ft floorplan, and three other floorplans accounting for most of the rest, a $/sq ft figure here is being computed across a narrower, more comparable set of homes than at a building with dozens of distinct layouts. There is less room for the mix to quietly distort the number.
The sample size adds to that confidence. 132 qualified sales against 643 homes over four years works out to roughly one home in 19 changing hands in a qualified, arm’s-length sale in an average year. That is high turnover for a Brickell condo, and it means this trend is not built on a handful of outlier closings — it is built on a genuinely active resale market, watched closely enough that four straight years of falling per-foot value is hard to explain away as coincidence.
One more figure worth putting on the record, with its context intact: the highest qualified sale at this building was $1,100,000 for a 1,105 sq ft unit on 26 October 2022 — about $995 per square foot. That sale predates the four-year window in the table above, so it is not one of the 132 sales behind the trend, and I am not implying it should have continued. I am simply noting that it sits well above today’s $552 median, which is consistent with everything else on this page rather than in conflict with it.
Who the Club at Brickell Bay Suits
This building suits a buyer who wants a genuine one-bedroom-dominated Brickell address with real liquidity — a one-in-19 annual turnover rate means a future exit has historical precedent here, which is not true everywhere in this price band. It also suits a buyer comfortable entering at a per-foot basis that has already come down 20.8% from 2023, rather than one hoping to catch a market at its peak. The uniform floorplans make comparison shopping within the building genuinely easier than at most Brickell towers, since an 825 sq ft unit here is being priced against dozens of true comparables, not a handful.
It suits a momentum buyer poorly. Four consecutive years of falling median $/sq ft is not a record I would characterize as a market bottoming out — it is a record, and nothing on it points to a turn. Anyone buying here for near-term appreciation should go in with that fact in hand, not discover it later.
A word for anyone selling here: if you bought before 2023, the honest comparable set is the 2025 and 2026 sales in the table above, not the 2022 record sale or your own purchase price. Price against what has actually closed recently, and expect that a buyer’s agent working from this same county record will do the same math I just did.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 1200 Brickell Bay Drive, Miami, FL. The address returns two subdivisions — The Club at Brickell Bay and Brickell Bay Plaza; this page covers The Club at Brickell Bay only. All 643 folios in that subdivision were retrieved individually and filtered to residential homes, excluding commercial folios along with parking, cabana and storage. Sale figures are qualified, arm’s-length transactions only, with bulk/portfolio transfers collapsed to a single transaction. 2026 is an incomplete year. Building age, storey count and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.
The Club at Brickell Bay — Frequently Asked Questions
Does this page cover all of 1200 Brickell Bay Drive?
No. The address returns two county subdivisions — The Club at Brickell Bay (643 folios) and Brickell Bay Plaza (75 folios). This page covers The Club at Brickell Bay only.
Have prices fallen at the Club at Brickell Bay?
Yes, in every year measured. Median $/sq ft went $697 in 2023, $600 in 2024, $590 in 2025 and $552 so far in 2026 — a 20.8% total decline, with no year moving the other way.
Is this a real decline, or just a shift in which units sold?
The county record supports a real decline. Median sale price fell every year alongside median $/sq ft, and the building is unusually uniform — 262 of its 643 homes are an identical 825 sq ft — so the per-foot figure is not being skewed by a changing mix of floorplans.
How liquid is this building?
132 qualified, arm’s-length sales closed across the four years measured against 643 homes, which works out to roughly one home in 19 changing hands in an average year — a high turnover rate for a Brickell condo.
What is the highest price ever paid for a unit here?
The highest qualified sale on record is $1,100,000 for a 1,105 sq ft unit on 26 October 2022, about $995 per square foot. That sale predates the four-year decline tracked on this page.
What is the typical unit size at the Club at Brickell Bay?
Heated area ranges from 425 to 1,245 sq ft with a median of 825 sq ft. The building is dominated by one-bedrooms — 406 of the 643 homes — with 124 two-bedrooms, 59 three-bedrooms and 54 studios.
Is the Club at Brickell Bay a good buy right now?
It suits a buyer who wants genuine liquidity and is comfortable entering after a documented four-year pullback in per-foot value. It suits a momentum buyer poorly — the record shows an uninterrupted decline with no year of the four pointing to a turn.
Sources and further reading
Interested in selling at The Club at Brickell Bay?
Learn more about selling your condo at The Club at Brickell Bay with Josh Stein.
Related coverage
Part of Miami Luxury Condos.