540 BRICKELL KEY DR 1803, Miami, FL 33131
Parcel: 0142060560640 · Residential · Condominium - Residential · Zoning: 6405
Assessed Value (2025)
$493,947
Property Details
Beds
2
Baths
2
Living Sqft
1,020
Year Built
1991
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$390,000
2017-11-28
MTGLQ INVESTORS LP → BRICKELL KEY 1803 LLC
2
$100non-market transfer
2019-04-03
BRICKELL KEY 1803 LLC → LAWRENCE H STOCKTON
3
$615,000
2023-01-19
LAWRENCE H STOCKTON → MURAT SIMSEK
4
$615,000
2023-02-08
Tax Assessment History
$493,947
Assessed (2025)
$493,947
Market Value
$493,947
Taxable Value
$10,056
Annual Tax
2024
$519,944
2025
$493,947
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $493,947 | $493,947 | $493,947 | $10,056 | $0 | $0 |
| 2024 | $519,944 | $519,944 | $519,944 | $10,586 | $0 | $0 |
About 540 BRICKELL KEY DR 1803, Miami, FL 33131
540 BRICKELL KEY DR 1803, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1991 with 1,020 square feet of living space. The property is currently owned by MURAT SIMSEK MELIHA ILKIM SIMSEK, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2023-02-08 for $615,000. There are 4 recorded sales for this property. The 2025 assessed value is $493,947 with a market value of $493,947.
The assessed value decreased 5% from $519,944 in 2024. The median household income in this area is $163,041, and the median home value is $734,800. The population density is 58,500 people per square mile.
There are active mortgage liens totaling $415,111 recorded against this property. 540 BRICKELL KEY DR 1803, Miami, FL 33131 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2017 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $603 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
MURAT SIMSEK MELIHA ILKIM SIMSEK
540 BRICKELL KEY DR 1803, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$5,339 — $9,691
Flood $400 — $800
Property/Wind $4,939 — $8,891
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$163,041
Median Home Value$734,800
Pop. Density58,500/sq mi
Neighborhood 33131
22.1%
Owner-Occ
77.9%
Investor
1,448
Flips (4yr)
25,103
New Biz (3yr)
Distress Risk
ELEVATED
56
Mortgages
ACTIVE 7.125% rate
$430,500
BRADESCO BAC FLORIDA BANK · 2023-02-08
Est. Total Balance $415,111
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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