701 BRICKELL KEY BLVD 1505, Miami, FL 33131

Parcel: 0142060631060 · Residential · Condominium - Residential · Zoning: 6405

Assessed Value (2025)
$548,791

Property Details

Beds
2
Baths
2
Living Sqft
1,236
Year Built
1997
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$95,000,000
2004-12-01
2
$479,900-99%
2005-10-01
3
$405,000-16%
2021-06-30
ALTAGRACIA VALIENTERAHUL BHALLA

Tax Assessment History

$548,791
Assessed (2025)
$574,336
Market Value
$548,791
Taxable Value
$11,173
Annual Tax
2024
$498,901
$604,564
2025
$548,791
$574,336
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $548,791 $574,336 $548,791 $11,173
2024 $498,901 $604,564 $498,901 $10,157

About 701 BRICKELL KEY BLVD 1505, Miami, FL 33131

701 BRICKELL KEY BLVD 1505, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1997 with 1,236 square feet of living space. The property is currently owned by RAHUL BHALLA VEENA BHALLA, 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 2021-06-30 for $405,000, when ALTAGRACIA VALIENTE sold to RAHUL BHALLA. The property sold for $74,900 less than the prior sale of $479,900 on 2005-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $548,791 with a market value of $574,336. The assessed value increased 10% from $498,901 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 $343,109 recorded against this property. 701 BRICKELL KEY BLVD 1505, 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 2004 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 136% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $328 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

RAHUL BHALLA VEENA BHALLA
701 BRICKELL KEY BLVD 1505, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,790 — $8,483
Flood $400 — $800
Property/Wind $4,390 — $7,683

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
View full risk analysis →

Mortgages

ACTIVE
$364,500
~$343,109 bal.
CROSSCOUNTRY MORTGAGE LLC · 2021-07-14
Est. Total Balance $343,109
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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