Miami Real EstateThe MIAMI
Confidential
Case files · 31 August 2026
Latest File · BrickellNo construction loan. No reported vertical construction.888 Brickell by Dolce&Gabbana is one of the most heavily marketed addresses in the city. It is also, on the public …Open the files →
Josh Stein, Miami real estate associateJosh Stein

Two Tequesta Point

Building facts

Address
808 Brickell Key Drive
Neighborhood
Brickell Key
Year built
1998
Floors
38
Residences
285
Status
Completed
Developer
Swire Properties
Architect
J. Scott Architect
Pricing
Starting at $988,000

Key Takeaways

  • Two hundred and thirteen homes here have been bought and sold on the record, and not one lost money — the largest loss-free ownership record of any building measured on this site.
  • The median outcome is +129.3% — over a median holding period of 16.1 years — and for the 55 owners who sold in 2021 or later, +218.0%.
  • The whole building bought at once — 297 first sales between 1998 and 2000, 202 of them in 1999, at a median of $350,000 and $213 per square foot.
  • The best result is up 410.2% — $392,000 in December 1998 to $2,000,000 in May 2025, for a 2,224 square foot home.
  • It is among the least liquid buildings in Brickell — 27 qualified sales across four years in 267 homes — about one home in forty each year, the third-lowest turnover of the 42 Brickell and Brickell Key buildings I have measured.
  • Per square foot it has been flat for four years — $721, $704, $697 and $772 — and the median price column swings on floorplate mix, not value.

808 Brickell Key Drive, Miami, Florida 33131 | Neighborhood: Brickell

What is actually inside the building

The Miami-Dade County Property Appraiser holds 269 folios for Two Tequesta Point at 808 Brickell Key Drive, of which 267 are homes. The other two are a common-areas folio and an aggregate reference folio. The declaration’s common-element shares close at 99.8040%, so this is the whole condominium.

The homes run 907 to 5,097 square feet, with a median of 1,696. The mix is 101 two-bedrooms, 94 one-bedrooms and 69 three-bedrooms, with two four-bedrooms and one five-bedroom.

Six floorplates cover 129 of the 267: 907 square feet (30 homes), 1,540 (29), 1,709 (18), 1,776 (18), 1,696 (17) and 2,510 (17).

The 2026 assessed values run $240,608 to $2,628,000, with a median of $833,518.

Two hundred and thirteen round trips and no losses

Two hundred and ninety-seven homes recorded a first qualified sale between 1998 and 2000 — 202 of them in 1999 — at a median of $350,000 and $213 per square foot.

Two hundred and thirteen of the 267 homes have since resold. Not one of them sold at a loss.

I have measured 209 buildings on this site with twenty or more homes and ten or more completed round trips. Twenty-one of them show no losses at all — and this is the largest of the twenty-one, with 213 round trips against 208 for the next. Nowhere else in the corpus is there a loss-free record covering this many homes.

The median outcome is +129.3%, over a median holding period of 16.1 years. For the 55 owners who held until 2021 or later it is +218.0%, over 23.4 years, again with no losses. Fifty-four homes have never resold.

  • A 2,224 square foot home bought for $392,000 in December 1998 sold for $2,000,000 in May 2025 — up 410.2% over 26.5 years.
  • A 2,520 square foot home bought for $494,000 in May 1999 sold for $2,300,000 in October 2024 — up 365.6%.
  • A 1,306 square foot home bought for $242,000 in January 1999 sold for $1,040,000 in February 2026 — up 329.8% over 27.1 years.

The closest anyone came to losing money was a home bought for $299,000 in June 1999 and sold for $300,000 seven months later — up 0.3%.

Two things keep this from being the whole story, and both matter.

The first is time. A median hold of 16.1 years, from a 1999 entry at $213 per square foot into a market now near $720, means the arithmetic was always going to be favourable. A zero-loss record over sixteen years says much less than a zero-loss record over three would. And these are gross figures — the difference between two recorded prices, before sixteen years of commissions, taxes, assessments and carrying costs, which are substantial.

The second is that the record contains almost no recent entries to test. Every one of the 213 round trips but one begins in 1998 to 2000. Nobody who bought here in the last decade has enough of a record to tell you anything.

The county record shows transactions and not reasons, so none of this establishes why the building has behaved this way.

The price record

Qualified, arm’s-length sales from the county record, retrieved 21 August 2026.

YearQualified salesMedian priceMedian $/sq ft
20237$951,500$721
20249$1,250,000$704
20257$1,200,000$697
2026 to date4$1,198,500$772

Twenty-seven qualified sales in four years across 267 homes is about one home in forty each year. Of the 42 buildings I have measured in Brickell and Brickell Key with fifty or more homes, only two turn over more slowly — The Metropolitan at about one home in sixty-six, and Cassa Brickell at one in forty-six. That is the single most practical fact here: in a typical year seven homes come up across a building with six main floorplates and a size range from 907 to 5,097 square feet, so the specific thing you want may not be available for years.

The median price column reads $951,500, $1,250,000, $1,200,000, $1,198,500 — a 31% jump and then a plateau. Per square foot the same four years read $721, $704, $697 and $772. The jump was larger homes selling, not a repricing. My honest reading is that this building has traded around $700 to $770 per square foot since 2023 and that 27 sales cannot support a direction inside that band.

Who this building suits

It suits a buyer who wants Brickell Key and expects to stay. The record here is unusually reassuring — and it is a record of long holds, which is the only kind of ownership it actually describes.

It suits a patient buyer above all. One home in forty trades each year. If you need a specific floorplate, or a specific line, be prepared to wait a year or more, and to move quickly when one appears.

It suits a short-horizon buyer badly, and the evidence simply is not there either way. Almost every completed round trip here begins in 1999. The building has no meaningful record of what a three- or five-year hold produces, and a zero-loss history assembled over sixteen years should not be read as a guarantee about a shorter one.

It suits a buyer who wants a small home in a cheap building less well than the assessed median suggests: the smallest apartment is 907 square feet and the median is 1,696.

If you are selling here, you are almost certainly the original 1999 owner or close to it, and the record is emphatically on your side. The thing to be careful about is the comparable set: seven sales a year across a 267-home building with a five-fold size range means a buyer’s agent may reach for a home nothing like yours. Price per square foot on your own plate. Ask me for the per-foot record on your line before you set a number.

Verified 21 August 2026 against the Miami-Dade County Property Appraiser record for 808 Brickell Key Drive, Miami — all 269 folios retrieved individually and grouped by subdivision. Two hundred and sixty-seven are residences; one is a common-areas folio and one an aggregate reference folio, and both are excluded from every figure on this page. The declaration’s common-element shares close at 99.8040%, so no home is missing from this pull. Sale figures are qualified, arm’s-length transactions only, with bulk and portfolio transfers collapsed to a single transaction. The round-trip analysis counts a pair only where BOTH legs are flagged qualified by the county AND exceed a nominal amount, and excludes any leg belonging to a portfolio deed identified by how many dwelling folios a single transaction touches together with the county’s own multi-parcel language; each home’s first and last qualifying sale are used, sorted by full date. Percentage outcomes are gross: the difference between two recorded prices, before commissions, closing costs, taxes, assessments or sixteen years of carrying costs, all of which are substantial over the holding periods described. The claim that this is the largest loss-free record on the site is measured against every building here with twenty or more homes and ten or more completed round trips — 209 buildings, of which 21 show no losses. Fifty-four of the 267 homes have only one qualified sale on record and appear in no round-trip figure, and all but one of the 213 round trips begin between 1998 and 2000, so the record says little about recent purchases. 2026 is an incomplete year resting on four sales. The county record shows transactions and not reasons: it does not establish why any owner sold, or the condition of any home at either sale. Building age, storey count, architect and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.

Two Tequesta Point — Frequently Asked Questions

Has anyone lost money at Two Tequesta Point?

Not on the county record. Two hundred and thirteen of the 267 homes have been bought and later sold in qualified arm’s-length transactions, and every one of them sold above its purchase price. Across the 209 buildings measured on this site with twenty or more homes and ten or more completed round trips, 21 show no losses — and this is the largest of them, with 213 round trips against 208 for the next.

How much have owners at Two Tequesta Point made?

A median of +129.3% over a median holding period of 16.1 years. For the 55 owners who sold in 2021 or later it is +218.0% over 23.4 years. The best result on record is a 2,224 square foot home bought for $392,000 in December 1998 and sold for $2,000,000 in May 2025 — up 410.2%. All figures are gross, before commissions, taxes, assessments and carrying costs.

Does that mean buying here is safe?

It means sixteen years of ownership here has been favourable without exception. Almost every round trip on record begins in 1999, so the building has essentially no evidence about what a three- or five-year hold produces, and a loss-free record assembled from a $213 per square foot entry into a $720 market is partly just arithmetic.

How often do homes at Two Tequesta Point sell?

Rarely — about one home in forty each year: 27 qualified sales across 2023, 2024, 2025 and 2026 to date, in 267 homes. Of the 42 Brickell and Brickell Key buildings measured on this site with fifty or more homes, only two turn over more slowly — The Metropolitan at about one home in sixty-six, and Cassa Brickell at one in forty-six.

What does a home at Two Tequesta Point cost per square foot?

Between roughly $700 and $770 since 2023: medians of $721, $704, $697 and $772 across the four years. The median price column over the same period jumped from $951,500 to about $1,200,000, but that was larger homes selling rather than a repricing.

When did Two Tequesta Point first sell?

Two hundred and ninety-seven homes recorded a first qualified sale between 1998 and 2000, 202 of them in 1999, at a median of $350,000 and $213 per square foot.

How big are the homes at Two Tequesta Point?

From 907 to 5,097 square feet, with a median of 1,696. One hundred and one are two-bedrooms, 94 one-bedrooms and 69 three-bedrooms, with two four-bedrooms and one five-bedroom. Six floorplates cover 129 of the 267 homes. The 2026 assessed values run $240,608 to $2,628,000, median $833,518.

Sources and further reading

Interested in selling in Two Tequesta Point?

Learn more about selling your condo in Two Tequesta Point with Josh Stein.

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