Price reducedMLS® A12055974

$5,499,000

↓ Price reduced $300,900 on Sep 16, 2026

88 SW 7th Street PH 4303, Miami, FL 33130

Beds: 3
Baths: 5
Sqft: 3,115

Est. payment$43,073/mo

Home type: Condominium
Year built: 2016
Lot size: —
Price / sqft: $1,765
HOA: $5,231/mo
Community: RISE CONDO

Property description

Welcome to Villa Iris, an extraordinary penthouse in the heart of Brickell City Centre, Miami’s premier destination for luxury shopping, world-class dining, and entertainment. Enjoy the ultimate walkable lifestyle with everything just steps away. This exceptional residence features an expansive private terrace with a summer kitchen and jacuzzi, seamlessly blending indoor and outdoor living—perfect for entertaining or relaxing under the Miami skyline. The spacious floor plan offers 3 bedrooms and 4.5 bathrooms and service quarters, three assigned parking spaces, a rare luxury in Brickell. Experience unmatched privacy, elegance, and convenience in one of Miami’s most prestigious addresses. A true villa in the sky.

Listing activity

Days on market: 62
Listed: Jul 18, 2026
MLS listing updated: Sep 18, 2026
Feed last checked: 13 minutes ago

Listed by Arelis Cosme · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 5
Bathrooms (decimal): 4.5
Full bathrooms: 4
Half bathrooms: 1

Rooms & features

Rooms: 5
Interior features: Bar, Bedroom Layout - Split, Built-in Features, High Ceilings, Kitchen Island, Storage, Walk-In Closet(s)
Flooring: Ceramic Tile
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Washer, Water Purifier, Water Softener, Other
Furnished: Unfurnished
Window features: Bay Window(s)
Other equipment: Other

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 3
Garage: Yes
Covered spaces: 3
Parking features: Attached, Attached Garage, Garage, Valet
Attached garage: Yes

Exterior

Stories: 43
Building area: 4,370 sqft
Entry level: 1
Patio & porch: Patio, Deck
Exterior features: Barbecue, Lighting
View: Bay, Skyline, Other
Waterfront property: No

Construction

Type & style

Home type: Condominium
Year built: 2016
New construction: No

Materials

Construction: CBS
Property condition: Resale
Faces: West

Utilities & green energy

Utilities

Electric: Circuit Breakers
Utilities: Cable Available
Green features: Appliances, Exposure/Shade, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows

Community & HOA

Community

Subdivision: RISE CONDO
MLS area: 2410
Security: Elevator Secure, Fire Alarm, Lobby - Attended, Security System, Smoke Detector(s)
Pets allowed: Size Limit, Yes
55+ community: No

Association

Has association: Yes
Association fee: $5,231 monthly
Estimated monthly dues: $5,231
Amenities: Maintenance, Pool, Billiard Room, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Picnic Area, Playground
Services included: Recreation Facility, Pool Service, Common Areas, Elevator, Insurance, Security

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33130

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12055974
Possession: Negotiable
Original list price: $5,799,900
Parcel number: 0141381683900
Annual property tax: $78,709
Tax year: 2024
Tax legal description: RISE CONDO UNIT PH 4303 UNDIV 0.346469% INT IN COMMON ELEMENT OFF REC 29908-0132

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Billiard Room, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Picnic Area, Playground
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Common Areas, Elevator, Insurance, Security
Association: Yes
Bathrooms Total Decimal: 4.5
Bathrooms Total Integer: 5
Building Area Total: 4370
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 62
Direction Faces: West
Elementary School: Southside Preparatory Academy
Green Energy Efficient: Appliances, Exposure/Shade, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
High School: Booker T. Washington
List Price: 5499000
Listing Contract Date: 2026-07-18
Living Area: 3115
MLSArea Major: 2410
Mls Status: Active
On Market Date: 2026-07-18
Patio And Porch Features: Patio, Deck
Photos Count: 66
Postal Code: 33130
Price Change Timestamp: 2026-09-16T18:29:06Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 5
Security Features: Elevator Secure, Fire Alarm, Lobby - Attended, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-07-18T04:00:00Z
Stories Total: 43
Subdivision Name: RISE CONDO
Tax Annual Amount: 78709
Bathrooms Full: 4
Bedrooms Total: 3
Waterfront: No
Bathrooms Half: 1
Financial Information: Estimated Monthly Assoc Recurring Fee: 5231

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jul 18, 2026	ListedMIAMI REALTORS® MLS	$5,799,900$1,862/sqft
Sep 16, 2026	Price reducedMIAMI REALTORS® MLS	$5,499,000$1,765/sqft

Public tax history

Year	Property taxes	Assessment
2024	$78,709	—

Payment calculator

Estimated monthly payment$43,073/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $28,533
Property taxes: $6,559
Insurance: $2,750
Association dues: $5,231

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

RISE CONDO

Miami · Miami-Dade County · 33130

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Southside Preparatory AcademyElementary

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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