Miami Luxury Condos · Brickell Key · Three Tequesta Point
The 2025 figure looks like a 30% jump and it is not one.
By Josh Stein · Florida license SL3057661 · Updated 8 October 2026Leer en español →
7 condos for sale at Three Tequesta Point, average list price $972.52 per sq ft (total list price ÷ total sq ft).
- Asking range$799,000 to $2,950,000
- List price per sq ft$972.52
- Months of inventory14.0
- Sold, 12 months6
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
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Key facts about Three Tequesta Point
| Address | 848 Brickell Key Drive, Miami FL 33131 |
|---|---|
| For sale now | 7 |
| For rent now | 8 |
| List price range | $799,000 to $2,950,000 |
| Size | 1,087 to 2,353 sq ft |
| Bedrooms | 1 to 3 BR |
| List price per sq ft | Average $972.52, low $735, high $1,254 |
| Monthly HOA | $93 to $2,900 |
| Year built | 2001 |
| Amenities | Basketball Court, Bike Storage, Business Center, Clubhouse, Community Kitchen, Elevators, Fitness Center, Maintenance Grounds, Management, Parking, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Storage, Tennis Courts, Trails, Trash |
| Neighborhood | Miami |
Residences at Three Tequesta Point
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 1 | 1 | 1,087 | $799,000 | $735.05 | $745,000 (August 26, 2026) |
| 2 | 4 | 1,440 to 1,919 | $1,199,000 to $2,000,000 | $947.20 | $1,300,000 (October 9, 2026) |
| 3 or more | 2 | 2,293 to 2,353 | $2,000,000 to $2,950,000 | $1,065.43 | $3,300,000 (April 14, 2025) |
Unit lines
| Line | Records | Bedrooms | Size (sq ft) |
|---|---|---|---|
| 01 | 2 | 1 to 3 BR | 1,855 to 2,353 |
| 02 | 4 | 2 BR | 1,440 |
| 03 | 4 | 1 BR | 1,087 |
| 05 | 2 | 2 BR | 1,694 to 1,734 |
| 06 | 2 | 2 to 3 BR | 1,763 to 2,293 |
The last two digits of the unit number (05 in 305, 405, 505).
Recently sold in
4 listingsVerified 23 September 2026Miami-Dade County Property Appraiser1 source
Key Takeaways
- Three Tequesta Point recorded only two sales in the 12 months to 23 September 2026 — on the Miami-Dade County Property Appraiser record, too few for a reliable median. The latest recorded sale was on 5 June 2026. Own at Three Tequesta Point? Ask Josh what yours would sell for on WhatsApp.
- The 2025 figure looks like a 30% jump and it is not one — the median home that sold that year was 2,104 square feet against 1,694 the year before.
- Two homes have sold in 2026: a 1,087 square foot residence at $689 per square foot and a 1,440 square foot residence at $764, against a building-wide 2025 median of $998.
- The largest floorplate has genuinely risen — the 2,353 square foot home went $1,017, $960 and $1,132 per square foot — up 11.3% across three years.
- The smallest has not — the 1,087 square foot home went $736, $644, $731, $689 — down 6.4% over four years.
- 235 residences and an unusually even mix — 94 three-bedrooms, 74 one-bedrooms and 67 two-bedrooms — there is no dominant product here.
- The record sale is $3,900,000 — in July 2022, for a 3,257 square foot residence — $1,197 per square foot, unbeaten in four years.
Three Tequesta Point, by the numbers
Developer: Swire Properties · Architect: J. Scott Architecture. Source: the building record on this site.
848 Brickell Key Drive, Miami, Florida 33131 | Neighborhood: Brickell Key
What is actually inside the building
The Miami-Dade County Property Appraiser holds 238 folios at 848 Brickell Key Drive under the Three Tequesta Point declaration, of which 235 are residences. The other three are a reference folio, a separate townhouse parcel and a 25 sq ft condo unit (C 1); none is counted as a home on this page.
The mix here is unusually even, and it is the building’s defining feature. 94 three-bedrooms, 74 one-bedrooms and 67 two-bedrooms : no single product dominates. Heated area runs 1,087 to 3,830 square feet, with a median of 1,919.
Four floorplates carry much of it: 2,353 square feet (39 homes), 2,293 (38), 1,440 (34) and 1,919 (34).
The 2026 assessed values run $354,829 to $2,887,600, with a median of $997,914.
The price record
Qualified, arm’s-length sales from the county record, retrieved 23 September 2026.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 10 | $1,200,000 | $752 |
| 2024 | 15 | $1,100,000 | $764 |
| 2025 | 6 | $2,087,500 | $998 |
| 2026 to date | 2 | $924,500 | $726 |
Thirty-three qualified sales across four years in 235 homes, about one home in twenty-eight each year, and only two sales so far in 2026.
The highest price ever recorded here is $3,900,000, on 28 July 2022, for a 3,257 square foot residence — $1,197 per square foot. Four years later it has not been beaten; the closest since is $3,300,000 in April 2025, at $1,193 per square foot on a smaller home.
Why the 2025 number is misleading
Taken at face value the table says values jumped 30.6% in 2025 and then collapsed 27.3% in 2026. Neither happened.
The median home that sold went 1,694 square feet in 2023, 1,694 in 2024, 2,104 in 2025 and 1,264 in 2026. In 2025 the larger homes traded; in 2026, so far, two smaller ones have. The building-wide figures are tracking which homes came to market, and with six sales in 2025 and two in 2026 there is nothing else for them to track.
Here is the same record by floorplate, which is the only version worth acting on.
| Floorplate | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,087 sq ft | $736 | $644 | $731 | $689 |
| 1,440 sq ft (34 homes) | $660 | $764 | none | $764 |
| 1,694 sq ft | $708 | $713 | $924 | — |
| 2,353 sq ft (39 homes) | $1,017 | $960 | $1,132 | — |
The two ends of the building have gone in opposite directions. The 2,353 square foot plate — the largest cohort at 39 homes — is up 11.3% across three years, and the 1,694 square foot plate up 30.5%. The 1,087 square foot plate is down 6.4% over four years, and it is one of two plates with a 2026 reading; the other, 1,440 square feet, is flat at $764 against 2024.
That last point is the one to hold onto. The two 2026 sales are smaller homes, and the smallest plate has been the weakest part of the building for four years. The 2026 row is not evidence that the building fell 27%; it is evidence that two smaller apartments sold.
My honest reading: the larger homes at Three Tequesta Point have risen since 2023, the smallest have drifted down, and the building-wide numbers are too mix-driven to be quoted at all. Anyone showing you a single per-foot figure for this address has not looked at it properly.
Who this building suits
It suits a buyer who wants choice. With 94 three-bedrooms, 74 one-bedrooms and 67 two-bedrooms, this building serves more than one kind of purchase, and the larger plates have a real four-year record of gaining ground.
It suits a one-bedroom buyer expecting appreciation less well. The smallest plate has gone $736, $644, $731, $689 per square foot across four years. That is not a collapse, but it is four years of going nowhere while the top of the building rose 11.3%, and it should be reflected in what you pay.
Liquidity is moderate and thinning: one home in twenty-eight each year, with fifteen sales in 2024 falling to six in 2025 and two so far in 2026. The direction of that count matters more than any price figure in the table.
If you are selling here, ignore the building-wide numbers entirely and price against your own floorplate. A 2,353 square foot home and a 1,087 square foot home have moved 11.3% and −6.4% respectively over the same period, and the two 2026 comparables on record are small homes, at $689 and $764 per square foot, which a buyer’s agent will quote at you regardless of what you own. Ask me for the comparables on your line before you set a number.
Own at Three Tequesta Point?
If you own here, this page already carries the county’s record of what homes in Three Tequesta Point have sold for. Here is how to use it.
Your three options
- Sell. Price against what comparable homes in the building have actually recorded, not against asking prices.
- Rent it out. Within the condominium’s rental rules, which vary from building to building.
- Hold. Watch the record: this page is updated from the county as new sales are posted.
What I will send you
Tell me your unit. I will send you the recorded sales of comparable homes in Three Tequesta Point, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
Three Tequesta Point — Frequently Asked Questions
What have homes at Three Tequesta Point sold for in the last 12 months?
Only two sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, too few to state a reliable median. The latest recorded sale was on 5 June 2026. A price for a specific home depends on its line, floor and condition. If you own at Three Tequesta Point, message Josh Stein on WhatsApp at (305) 695-8257.
Did prices at Three Tequesta Point jump 30% in 2025?
No. The median home that sold in 2025 was 2,104 square feet against 1,694 in 2024 — larger homes traded, so the building-wide median rose. By floorplate the picture is much steadier, and only six homes sold in the whole of 2025.
Did prices collapse in 2026?
No. Two homes have sold in 2026, a 1,087 square foot residence at $689 per square foot and a 1,440 square foot residence at $764. Both are smaller homes, and the smallest plate has been the weakest part of the building for four years, so those two sales are not evidence about the building as a whole.
Which homes at Three Tequesta Point have gained?
The larger ones. The 2,353 square foot plate — 39 homes, the biggest cohort — went $1,017, $960 and $1,132 per square foot, up 11.3% across three years, and the 1,694 square foot plate rose 30.5%. The 1,087 square foot plate went the other way, down 6.4% over four years.
What is the most expensive sale at Three Tequesta Point?
$3,900,000 on 28 July 2022, for a 3,257 square foot residence — $1,197 per square foot. It has not been beaten in four years; the closest since is $3,300,000 in April 2025.
How many homes are there and what is the mix?
235 residences, with an unusually even mix: 94 three-bedrooms, 74 one-bedrooms and 67 two-bedrooms. Homes run 1,087 to 3,830 square feet with a median of 1,919. Four floorplates dominate: 2,353 square feet (39 homes), 2,293 (38), 1,440 (34) and 1,919 (34).
How often do homes here sell?
Thirty-three qualified sales across 2023, 2024, 2025 and 2026 to date, in 235 homes: about one home in twenty-eight each year. The trend in that count is worth watching: fifteen sales in 2024, six in 2025 and two so far in 2026.
Sources and further reading
Interested in selling at Three Tequesta Point?
Learn more about selling your condo at Three Tequesta Point with Josh Stein.
Thinking about Three Tequesta Point?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
Get the sales recordRelated coverage
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