Brickell Key Two
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REHUB Miami
Condos for Sale & for Rent in Brickell Key, Miami
540 Brickell Key Dr, Miami, FL 33131
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UNITS395
STORIES18
YEAR BUILT1991
Building Amenities
About Brickell Key Two
Brickell Key Two is an 18-story mid-rise luxury waterfront condominium at 540 Brickell Key Drive on the private island of Brickell Key in Miami, completed in 1991 by master developer Swire Properties and designed by J. Scott Architecture. As the second tower constructed on the island after Brickell Key One, the building captures the island's signature blend of urban convenience and resort tranquility, with approximately 395 residences across studio, one-, two-, and three-bedroom layouts ranging from roughly 600 to 1,650 interior square feet. Each residence at Brickell Key Two features floor-to-ceiling glass, private balconies, and sweeping views of Biscayne Bay, the Miami River mouth, Downtown Miami, and the PortMiami cruise terminal. The 540 Brickell Key Drive site sits on a 44-acre private island reached by a single bridge from mainland Brickell, designed by Swire Properties as a master-planned community with continuous landscaped greenways and a 1.25-mile waterfront pedestrian promenade that fully circles the island. The Mandarin Oriental Miami and its restaurants, spa, and tea garden anchor the south end of the island; an island marketplace, restaurants, dry cleaners, salon, and flower shop serve daily needs at street level; and the new Mandarin Oriental Residences project is rising at the south tip. Brickell City Centre, Mary Brickell Village, the Underline, the Kaseya Center, and the Bayside Marketplace are all within a five- to ten-minute drive over the Brickell Key bridge. The Brickell Key Two amenity package is built around an active waterfront lifestyle: a resort-style heated swimming pool surrounded by tropical landscaping, a separate Jacuzzi, lit tennis courts, a fitness center and spa, barbecue and picnic areas, a residents' club room, and high-speed elevators. Service includes a well-staffed lobby, complimentary valet parking, full-service concierge, and 24-hour manned security at both the building entrance and the island gatehouse at the bridge. Residents also share Brickell Key's pedestrian-only waterfront promenade, neighborhood market, and direct access to the Mandarin Oriental's restaurants and spa, putting Brickell Key Two among the most established island-community luxury condos in Miami.
Available & Pending Condos at Brickell Key Two
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FOR SALE
39
$1,475,000
3 BD
2 BA
1,550 sq ft
Brickell Key Two · #1820
MLS-reported DOM: 0
FOR SALE
44
$1,100,000
3 BD
2 BA
1,560 sq ft
Brickell Key Two · #1513
MLS-reported DOM: 60
PENDING SALE
5
$950,000
2 BD
2 BA
1,200 sq ft
Brickell Key Two · #832
MLS Status: Pending
MLS-reported DOM: 198
FOR SALE
8
$699,900
2 BD
2 BA
1,020 sq ft
Brickell Key Two · #1801
MLS-reported DOM: 39
FOR SALE
7
$650,000
2 BD
2 BA
1,030 sq ft
Brickell Key Two · #919
MLS-reported DOM: 1
FOR SALE
29
$595,000
2 BD
2 BA
950 sq ft
Brickell Key Two · #1511
MLS-reported DOM: 76
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Data provided by Miami MLS
The Team
Documents
Location
540 Brickell Key Dr, Miami, FL 33131
Brickell Key Two Floor Plans & Unit Mix
Published floor plans
Residence plans
Unit 214 — Type 31 Bed / 1.5 BathsResidence 302 3rd Floor1 Bed / 1.5 BathsResidence 305 3rd Floor2 Beds / 2 BathsResidence 403, 413 & 415 4th Floor2 Beds / 2 BathsResidence 409 4th FloorStudio / 1 BathResidence 414 4th Floor1 Bed / 1.5 BathsResidence 505 5th Floor2 Beds / 2 BathsR. 00,02,24,28 Flrs 6,7 & 81 Bed / 1.5 BathsResidence 01 Flrs 6,7 & 81 Bed / 1.5 BathsResidence 03 Flrs 6,7 & 81 Bed / 1.5 BathsResidence 06 Flrs 6,7 & 82 Beds / 2 BathsResidence 09 Flrs 6,7 & 8Studio / 1 BathResidence 13 Flrs 6,7 & 8Studio / 1 BathResidence 16 Flrs 6,7 & 81 Bed / 1 BathResidences 19,21 Flrs 6,7 & 82 Beds / 2 BathsResidence 20 Flrs 6,7 & 81 Bed / 1.5 BathsR. 00,02,22,26 Flrs 10,11,12 & 141 Bed / 1.5 BathsResidence 01 Flrs 10,11,12 & 141 Bed / 1.5 BathsResidence 08 Flrs 10,11,12 & 142 Beds / 2 BathsResidence 11 Flrs 10,11,12 & 142 Beds / 2 BathsResidence 13 Flrs 10,11,12 & 143 Beds / 3 BathsResidence 17 Flrs 10,11,12 & 141 Bed / 1.5 BathsResidence 24 Flrs 10,11,12 & 141 Bed / 1.5 BathsResidence 27 Flrs 10,11,12 & 142 Beds / 2 BathsResidence 1528 15th Floor2 Beds / 2 BathsResidence 1600,1602,1622 16th Floor1 Bed / 1.5 BathsResidence 1621 16th Floor2 Beds / 2 BathsResidence 1703 17th Floor1 Bed / 1.5 BathsResidence 1709 17th FloorStudio / 1 BathResidence 1820 18th Floor3 Beds / 3 BathsResidence 28 — Floors 10, 11, 12 and 14Floor plans and unit details are subject to change. Contact us for the most current information.
Building Market Overview
Median closed price per square foot — the cleanest apples-to-apples value trend.
Based on closed sales over a trailing 90-day window. Updated daily.
Location
540 Brickell Key Dr, Miami, FL 33131
More in Brickell Key
Frequently Asked Questions About Brickell Key Two
How much do condos at Brickell Key Two cost?
Condos currently listed for sale at Brickell Key Two range from $312K to $1.5M, per active MLS listings. Price within the building varies with floor, view, line, and condition.
What are rents at Brickell Key Two?
Rental units currently listed at Brickell Key Two run from $2,190 to $3,550 per month, per active MLS listings. Furnished units and shorter lease terms typically price at the upper end.
How many units are available at Brickell Key Two right now?
Brickell Key Two currently has 14 condos for sale and 11 rentals available on the MLS. Inventory updates daily as listings go active, pending, and closed.
How many units does Brickell Key Two have?
Brickell Key Two has 395 residences across 18 floors in Brickell Key.
What have condos at Brickell Key Two sold for recently?
15 recorded sales closed at Brickell Key Two in the last twelve months, with a median sale price of $345,000 and a median of $512 per square foot. Individual results vary with floor, view, and condition.
Have values at Brickell Key Two gone up or down since 2022?
Median closed price per square foot at Brickell Key Two is down 0.1% versus 2022 — from $529 (23 sales in 2022) to $528 (29 sales since 2025). This is a building-level median and does not adjust for which floors or lines happened to trade.
What are the HOA fees at Brickell Key Two?
Across 16 current listings at Brickell Key Two, the median association fee is $969 per month, or about $1.40 per square foot per month. Fees scale with unit size, and this figure excludes any special assessment — ask the association for its reserve study and assessment history.
Does Brickell Key Two allow short-term rentals?
No — annual leases only. Listing agents report a 13-month minimum lease at Brickell Key Two, according to 26 current MLS listings. Rental rules are set by the condominium declaration and can be amended by the board, so verify against the current documents before buying for rental income.
When was Brickell Key Two built?
Brickell Key Two was completed in 1991. Ask the association for its current milestone inspection reports, structural integrity reserve study, and any outstanding assessments. Inspection deadlines depend on the certificate of occupancy and local requirements; the year built alone does not confirm a report's completion or when an inspection is due.