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Buildings/Brickell/THE PLAZA

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THE PLAZA

THE PLAZA ON BRICKELL

950 Brickell Bay Dr, Miami 33131

★ 4.2

2008

Year Built

560

Units

CI Score

Strong

For Sale

$715K

Avg Price

$777

Sale $/SF

For Rent

$3,350

Avg Rent

$4.85

Rent $/SF

-0.2%

YoY

For Sale

For Rent

Investor-Owned

83%

Avg HOA

$1,138/mo

The Plaza is a premium 560-unit residential tower located in the heart of Brickell at 950 Brickell Bay Dr, built in 2008. Offering spacious floor plans ranging from studios to 3-bedroom units (628-2,208 SF), the building caters to both owner-occupants and investors. With an investment score of 90.30/100 and strong rental demand, The Plaza represents a well-established Brickell address with active market liquidity.

Building Details

Address

950 Brickell Bay Dr, Miami, 33131

Neighborhood

Brickell

Year Built

2008

Total Units

560

Avg Unit Sqft

916 SF

Tier

Premium

Avg $/SF

$776.97

Avg Rent

$3,350/mo

Rent $/SF

$4.85/SF

HOA Range

$698 – $2,287

Google Rating

4.2 (93 reviews)

Neighborhood Rank

Top 6%

Avg Unit Value

$520K

Total Sales (All-Time)

1,189

Phone

(786) 220-5959

Amenities

Swimming PoolFitness CenterLobbyElevatorParking Garage24-Hour SecurityConcierge

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)5.2%

Market Data

Sale Price Trend ($/SF)

$672

+8.8%

Rental Price Trend ($/SF)

$4.65

+10.2%

Building Activity

Days on Market

days

Normal pace

Months of Inventory

17.0

months

Buyer's market

Sale-to-List Ratio

97.6%

Strong demand

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Sales & Listings

Active Listings

For Sale (6)

$379K

Unit 802

1 bd1 ba692 sf

$548/SF213 DOM

$415K

Unit 803

1 bd1 ba692 sf

$449K

Unit 501

1 bd1 ba704 sf

$638/SF202 DOM

$450K

Unit 2001

1 bd1 ba774 sf

$581/SF8 DOM

$550K

Unit 4101

1 bd1 ba774 sf

$711/SF1 DOM

$699K

Unit 1010

2 bd3 ba1,289 sf

$542/SF98 DOM

For Rent (6)

$3K

Unit 301

1 bd1 ba704 sf

$4/SF8 DOM

$3K

Unit 1109

1 bd1 ba628 sf

$5/SF22 DOM

$3K

Unit 501

1 bd1 ba704 sf

$3K

Unit 1403

1 bd1 ba688 sf

$4/SF19 DOM

$3K

1 bd1 ba628 sf

$3K

Unit 4709

1 bd1 ba628 sf

$5/SF14 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 13, 2026	$1.1M	$792.77	2/2	1,356
Dec 19, 2025	$800K	$811.36	2/2	986
Dec 8, 2025	$820K	$831.64	2/2	986
Oct 22, 2025	$730K	$740.37	2/2	986
Oct 20, 2025	$730K

Units & Ownership

Total Units

560

Avg Sqft

916 SF

Avg Assessed

$463K

Owner-Occupied

17%

Tax & Ownership

Investor-Owned

83%

Owner-Occupied

17%

Avg Assessed Value

$463K

Avg Taxable Value

$454K

Effective Year Built

2008

Zoning

6407

Unit Mix

Studio1

Avg 1,101 SF

1 BR290

Avg 697 SF

2 BR261

Avg 1,126 SF

3 BR8

Avg 1,958 SF

Unit Directory

Showing 10 of 560 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
200	2	2	1,435	$617K	—	$439K	$306	Nov 2017
201	2	2	1,435	$564K	—	$494K	$344	Mar 2014
300	1	1	704	$321K	—	$410K	$582	Dec 2022
301	1	1	704	$283K	—	$250K	$355	Oct 2020
302	1	1	692	$275K	—	$188K	$272	Aug 2008
303	1	1	692	$275K	—	$160K	$231	Apr 2011
400	1	1	704	$285K	—	$241K	$342	Dec 2012
401	1	1	704	$285K	—	$186K	$263	Jan 2011
402	1	1	692	$277K	—	$220K	$318	Jun 2012
403	1	1	692	$321K	—	$400K	$578	Sep 2024

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THE PLAZA

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

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