Experience grandeur at The Palace, situated at 1541 Brickell Ave, Miami, FL 33129. Developed by Harry B. Helmsley and completed in 1981, this iconic condominium offers one to three-bedroom apartments with spacious layouts and stunning views of Biscayne Bay. Residents can enjoy an array of amenities, including a swimming pool, fitness center, and tennis courts. The Palace's prestigious location in the Brickell neighborhood provides easy access to upscale shopping, gourmet dining, and vibrant entertainment. Indulge in a luxurious lifestyle and breathtaking waterfront views at The Palace.
HOA fee includesBasic cable (Hotwire), water, sewer and trash removal are included in the condominium association dues.
Avg HOA / month (MLS)$2,508
Lender & purchase requirements
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primary residence
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second home
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investment
Review typeNot on file
Right of first refusalStatus unknown — contact HOA to confirm if they hold purchasing rights
Down payment notesNot on file
Actual down payment requirements vary by lender and loan program. Confirm current terms with your lender before making an offer.
Florida condo reform & structural compliance
Verify compliance with HOA before closing.
✓
SIRS required (3+ stories)
Building meets the state's 3-story threshold for a Structural Integrity Reserve Study
YES
✓
SIRS study completed
Study marked complete in Allioo records
YES
✓
SIRS reported to state
Reported to the state
YES
Phase 1 milestone inspection
Not confirmed in public records
VERIFY WITH HOA
✓
40-year recertification
Date on file: Date not confirmed — verify with association or local municipality
ON FILE
Florida law note: SB 4-D requires condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure before closing.