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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·Brickell·Condominium

Commodore Bay

1402 Brickell Bay Drive, Miami, FL 33131

Brickell Business District

Folio 0141390560001

At a glance
Year built
1994
Residences
36
Building area
44,670 sq ft
Median residence
1,090 sq ft
FEMA flood zone
Zone VE · BFE 14 ft
Latest arms-length sale
$650,000 · Jul 2024
Median sale (10 yr)
$460,000
Recorded transfers
134
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Commodore Bay is a 36-residence condominium building at 1402 Brickell Bay Drive, in Brickell. County records list 1994 as the year built. It has a median residence of 1,090 square feet.

The recorded market runs to 89 arms-length sales since 1994, an annual turnover rate of 4.2 percent of the building over the past decade, and a median of $229 per square foot. Across 52 same-unit resales, 83 percent sold above their prior recorded price, with a median gain of 47 percent over a median hold of 6.1 years.

Selling, buying or moving?

Own a residence at Commodore Bay? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Building type: Boutique bayfront condominium, 16 stories

Unit sizes: About 1,040 to 4,100 square feet of interior area, in two- to five-bedroom plans, with a top-floor penthouse of about 3,400 interior square feet and large terraces.

Amenities: Heated pool and sundeck, fitness center, clubhouse, barbecue and picnic area, covered assigned parking, guest parking, 24-hour lobby security

Services: Guard-gated entry, doorman and on-site management

Policies: Set by the association; see Policy framework.

Source: The Roebling Research Desk.

Why Commodore Bay matters

At 36 residences across 16 floors, Commodore Bay has few homes per floor, most with flow-through plans and terraces facing Biscayne Bay.

Unit sizes run from about 1,040 square feet to more than 4,000.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history.

Brickell Bay Drive

Brickell Bay Drive runs along Biscayne Bay on the north end of Brickell, south of the Miami River. Commodore Bay is about a half mile south of Brickell City Centre, which has the area's main concentration of retail, dining, cinemas and offices, and is close to Mary Brickell Village and the Brickell Metromover loop.

The building faces east toward the bay, with views of Biscayne Bay and, depending on height, the islands and the Atlantic beyond. The Brickell financial district is on the west side. The location offers walkable access to offices, restaurants and transit; it is not a beach address.

The property is in FEMA flood zone VE, a coastal high-hazard designation. Ask for the elevation certificate and current flood insurance cost.

Architecture and unit composition

The building rises 16 stories on Brickell Bay Drive. Residences include two-bedroom plans of about 1,040 to 1,490 interior square feet, a three-bedroom plan with den of about 1,900, and a penthouse of about 3,420 with five bedrooms and a terrace of well over 1,000 square feet. Check every size against the association's schedule.

Plans are largely flow-through with wraparound terraces. Condition varies by unit; ask for the renovation history.

Building operations

The building is guard-gated with 24-hour lobby security and an on-site management office. Amenities are a heated pool and sundeck, a fitness center that has been renovated, a clubhouse, and a barbecue and picnic area. Parking is covered and assigned.

Ask for the current budget and financials, any special assessments, windstorm and flood coverage and what the dues cover.

Policy framework

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

Sales context

One recorded sale, July 2024, closed at $650,000. It is one sale, not a building price.

Pricing varies widely between the 1,040-square-foot plans and the penthouse, so use trades in your own plan and floor.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Commodore Bay

Know your line. Get the association's unit and size schedule.

Read the reserve documents. Ask for the SIRS, reserves, milestone inspection report and any assessment history before pricing.

Price the flood exposure. The VE designation affects insurance and lending. Get quotes before the offer.

What to know if you're selling at Commodore Bay

Price against your plan. Two-bedroom and larger plans trade at different levels. Use trades in your own line.

Show current documents. A current budget, reserve study and inspection status shorten diligence.

Comparable buildings

  • Brickell Townhouse — a 22-story, 1963 bayfront condominium tower at 2451 Brickell Avenue, a much larger building.
  • Santa Maria — a 51-story bayfront condominium tower on Brickell Avenue, a larger neighbor at 1643 Brickell Avenue.
  • Bristol Tower — 2127 Brickell Avenue, a 40-story condominium in Brickell built in 1993.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Brickell.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Oct 1994. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Nov 20246021,250 sf$562,500
Jul 20249011,090 sf$650,000✓
Jul 202312031,040 sf$580,000✓
Nov 20224031,040 sf$525,000✓
Sep 20224021,250 sf$769,000✓
Jul 20226021,250 sf$682,000✓
Jun 202216014,110 sf$1,825,000✓
May 20225031,040 sf$562,600
Nov 202114031,040 sf$470,000✓
Jul 202110011,090 sf$435,000✓
Apr 202115011,090 sf$425,000✓
Apr 202115021,250 sf$460,000✓
Mar 20214021,250 sf$450,000✓
Feb 20219021,250 sf$460,000✓
Dec 201810031,040 sf$400,000✓
Dec 201812021,250 sf$445,000✓
Nov 20178021,250 sf$425,000✓
Oct 20164021,250 sf$440,000✓
Sep 201511021,250 sf$620,000✓
May 201515031,040 sf$170,000
Dec 20132011,480 sf$365,000✓
Aug 201311031,040 sf$353,000✓
Apr 20127011,090 sf$250,000✓
Jan 201214011,090 sf$300,000✓
Nov 20109031,040 sf$230,000✓
May 20108031,040 sf$230,000✓
Oct 200910031,040 sf$204,000✓
Mar 20099031,040 sf$230,000✓
Jul 20088031,040 sf$230,000
Apr 20082011,480 sf$350,000✓
Jun 20076011,090 sf$410,000✓
May 20076031,040 sf$374,000✓
Apr 20072011,480 sf$396,167✓
Jul 20068031,040 sf$445,000✓
Feb 20064011,090 sf$445,000✓
Nov 200514011,090 sf$430,000
May 20059011,090 sf$390,000✓
Mar 20056021,250 sf$415,000✓
Oct 200410031,040 sf$320,000✓
Aug 20046021,250 sf$360,000✓
Jun 20047011,090 sf$325,000✓
Jun 20042011,480 sf$397,000✓
Jan 200411031,040 sf$263,500✓
Jan 200410031,040 sf$225,000
Jan 20048031,040 sf$275,000✓
Jun 20036031,040 sf$252,578✓
Jun 20038011,090 sf$290,000✓
May 200310021,250 sf$295,000✓
Apr 20036011,090 sf$280,000✓
Jan 200314021,250 sf$290,000✓
Dec 200211011,090 sf$255,000✓
Jun 20024011,090 sf$265,000✓
Apr 200214031,040 sf$245,000✓
Mar 20028021,250 sf$295,000✓
Sep 200114011,090 sf$260,000✓
Jun 20018011,090 sf$250,000✓
Dec 20005011,090 sf$211,000✓
Aug 200011021,250 sf$245,000✓
Jun 200010021,250 sf$245,000✓
Feb 20006021,250 sf$230,000✓
Jul 199911021,250 sf$210,000✓
May 19995011,090 sf$201,000✓
Aug 19985021,250 sf$200,000✓
Mar 19989031,040 sf$152,000✓
Dec 19972011,480 sf$235,000✓
Dec 199611031,040 sf$152,500✓
Nov 199615031,040 sf$155,000✓
Sep 199614031,040 sf$160,500✓
Sep 199610031,040 sf$150,000✓
Aug 199612011,090 sf$152,000✓
Mar 19968031,040 sf$150,000✓
Feb 199612031,040 sf$159,500✓
Feb 19967031,040 sf$150,000✓
Feb 199611021,250 sf$230,000✓
Feb 19968011,090 sf$157,000✓
Aug 199510021,250 sf$233,000✓
May 19956021,250 sf$225,000✓
Feb 19953011,900 sf$295,000✓
Dec 19947011,090 sf$174,800✓
Nov 199412021,250 sf$218,000✓
Nov 19947021,250 sf$202,000✓
Nov 19945021,250 sf$210,000✓
Nov 19944021,250 sf$197,400✓
Nov 199414011,090 sf$196,000✓
Nov 19946011,090 sf$170,400✓
Nov 19945011,090 sf$168,000✓
Nov 19944011,090 sf$166,000✓
Oct 19949031,040 sf$172,000✓
Oct 19946031,040 sf$175,300✓
Oct 19945031,040 sf$163,000✓
Oct 19944031,040 sf$160,000✓
Oct 19948021,250 sf$207,800✓
Oct 199410011,090 sf$179,000✓
Oct 19949011,090 sf$177,000✓
Oct 19949011,090 sf$177,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 39 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Commodore Bay?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.