For Buyers
Straight answers to the questions buyers actually ask about The Palace. Where a figure is market-dependent, it's computed live from the MLS; where it depends on association documents, we verify against the current documents rather than guessing.
As of today there are 3 residences for sale at The Palace, priced from $575,000 to $1.4M, with an average asking price of about $597 per interior square foot. These figures update automatically from the MLS — see the market report for the full breakdown.
Yes. The building permits annual and seasonal leasing subject to association approval, and there are currently 3 residences offered for rent, from $6,200/mo. Confirm the current minimum-lease term and any per-unit restrictions against the condominium documents before contracting.
Association fees vary by residence size and are set by the condominium association; they fund the building's amenity program and service — the bayfront pool and heated pool with spa, tennis courts, fitness center, 24-hour security, concierge, common-area utilities and reserves. We provide the exact current fee, budget and reserve information for any specific unit as part of our buyer package, sourced from the association's current documents.
Purchases are subject to a standard association application and approval, typically measured in weeks. The building is pet-friendly for owners within association guidelines — confirm current pet rules (size, count and breed provisions) against the condominium documents before contracting.
The Palace was developed by Harry B. Helmsley and completed in 1981, designed by Arquitectonica — the early bayfront landmark that helped make the firm famous, on Brickell Avenue in Miami.
Because the tower rises 40 stories directly on Biscayne Bay, residences capture bay, skyline and city views depending on line, floor and orientation — the higher floors and penthouses command sweeping water panoramas. The floor-plans page shows the layouts currently on the market.
Florida property taxes are assessed by Miami-Dade County on the unit's assessed value; there is no state income tax. We include the current tax bill and any assessment history for a specific unit in our buyer package rather than quoting a generic figure.
Tell us what you're looking for — line, floor, exposure, budget — and we'll assemble current availability (including off-market opportunities), comparable sales, association documents and floor plans, then coordinate showings, offer, approval and closing end to end.
Current availability, comparable sales, association documents, fees and floor plans for the exact units you're considering.