Palace
The Palace is a 43-story waterfront condominium at 1541 Brickell Avenue in Miami's Brickell neighborhood, completed in 1981 with 249 residences overlooking Biscayne Bay. The building was developed by real estate magnate Harry B. Helmsley and designed by Arquitectonica, the Miami-based architecture firm that gave the tower and its Brickell Avenue neighbors their distinctive modern silhouette. Many floors are limited to just two residences per tower, contributing to a sense of privacy uncommon in buildings of this scale. Amenities include a swimming pool, tennis courts, a fitness center, a children's playroom, redesigned summer kitchen and barbecue areas, and valet parking for guests. Set in the residential stretch of Brickell Avenue along the bay, The Palace is within walking distance of the neighborhood's restaurants, entertainment, and Miami's Financial District.
Amenities
- Swimming pool
- Two lighted tennis courts
- Fitness center
- Children's playroom
- Redesigned summer kitchen areas
- BBQ/gazebo area
- Jacuzzi
- Lounge areas
- Valet parking for guests
- Two residences per floor per tower (select sections)
The Palace sits in the residential section of Brickell Avenue directly on Biscayne Bay, a short walk from Brickell's restaurants, entertainment, and Miami's Financial District.
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Miami, FL 33129
Available Residences at Palace
3 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| C1607 | $1,399,000 | 3 / 3 / 1 | 2,089 | $670 | 15 |
2 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| B3804 | $765,000 | 2 / 2 | 1,640 | $466 | 10 |
| C406 | $575,000 | 2 / 2 | 1,117 | $515 | 204 |
Compare every Brickell building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (2) 67%
- 3 Bed (1) 33%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of July 2, 2026, Palace carries 3 active listings at an average asking price of $913K, with an average time on market of 76 days. Closed sales over the preceding 36 months averaged $514 per sq ft, and 8 transactions closed in the past 12 months — implying 4.5 months of supply against the current pace of absorption.
Zip code 33129 (Miami) is home to 14,717 residents with a median age of 42.6. Per-capita income stands at $75,262; 70.8% hold a bachelor's degree or higher. 42.8% of units are owner-occupied; 21.4% of residents work from home.
Data current as of July 2, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — Palace
How many condos are for sale at Palace?
As of July 2, 2026, 3 residences are actively listed for sale at Palace. Current asking prices range from $575K to $1.4M. Inventory updates daily from the MLS.
How much do condos at Palace cost?
Condos at Palace are currently asking from $575K to $1.4M. Over the past 36 months, closed sales have averaged $514 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at Palace?
Based on MLS closed sales over the preceding 36 months, the average sale price at Palace is $514 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is Palace located?
Palace is located at 1541 Brickell Ave, Miami, FL, 33129, in the Brickell area.
What neighborhood is Palace in?
Palace is in Brickell, Miami. You can compare every condo building, home inventory, and price trend across Brickell on its neighborhood guide.
How many units are in Palace?
Palace has 249 residences across 43 stories.
What year was Palace built?
Palace was completed in 1981.
What amenities does Palace offer?
Palace amenities include Swimming pool, Two lighted tennis courts, Fitness center, Children's playroom, Redesigned summer kitchen areas, BBQ/gazebo area, Jacuzzi, Lounge areas.