1550 Brickell Ave Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at 1550 Brickell Ave Apartments in Downtown Miami? Rent here runs $2,750 – $3,600, and renters insurance adds about $16/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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1550 Brickell Ave, Miami, FL 33129

Downtown Miami

Built 1987 5 stories 138 units
3/5 ·38 reviews Google
5/5 ·4 reviews Apt. Finder
$2,750 – $3,600 /month

Monthly Cost Breakdown at 1550 Brickell Ave Apartments

The listed rent isn't the whole number. Here's what 1550 Brickell Ave Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $2,766 – $3,616
Base Rent $2,750 – $3,600
Est. Renters Insurance $16/mo

Renters Insurance at 1550 Brickell Ave Apartments

We found a few insurance details on 1550 Brickell Ave Apartments's website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
Listed carriers
Kin
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to 1550 Brickell Ave Apartments can push your insurance cost up or down:

Older Building

Built in 1987 — older plumbing/electrical may increase risk

Gated Community

Gated access reduces theft risk — may qualify for security discount

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 2477/100K (57% above national average)

What You'll Likely Pay

$16

Est. Monthly

$187

Est. Annual

$14

With Discounts/mo

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for 1550 Brickell Ave Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$50,000 recommended

If you own less

$35,000

If you own more

$75,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near 1550 Brickell Ave Apartments:

Carrier Monthly Annual
Lemonade $9/mo $107/yr
USAA $10/mo $120/yr
State Farm $13/mo $160/yr
Progressive $14/mo $174/yr
Safeco $14/mo $174/yr
Travelers $16/mo $187/yr
Allstate $17/mo $200/yr
Nationwide $17/mo $200/yr
Farmers $18/mo $214/yr
Liberty Mutual $20/mo $240/yr

Discounts You May Qualify For

Gated community
-5%
Controlled access
-3%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $14/mo

6 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Miami.

Miami property crime rate

2,477

per 100K residents

57% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
232 / 200
Larceny / theft
1,994 / 1,172
Vehicle theft
252 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. 1550 Brickell Ave Apartments also has on-site security features (Controlled access, Property manager on site, Gated, Gated access) that insurers recognize with discounts.

Source: FBI UCR Program, Miami (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Maintenance Issues Mentioned
Water Damage Mentioned
Noise Mentioned

On-Site Security

Controlled access Property manager on site Gated Gated access

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for 1550 Brickell Ave Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at 1550 Brickell Ave Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Application Fee Per Applicant

$100

Pets Fees

One-Time Pet Fee

Max of 1. Charged per pet.

$300

Amenities

Special Features

emergency 24hr on-call service Newly Renovated Units In house maintenance monthly pest extermination

Community Features

Maintenance on site Recycling Elevator Business Center Lounge Fitness Center Pool

Floor Plan Amenities

High Speed Internet Access Wi-Fi Washer/Dryer Air Conditioning Tub/Shower Intercom Dishwasher Disposal Ice Maker Granite Countertops Stainless Steel Appliances Kitchen Microwave Oven Range Refrigerator Freezer Breakfast Nook Quartz Countertops Carpet Tile Floors Walk-In Closets Window Coverings Balcony

Pet Policy

Bringing a pet? Here's what 1550 Brickell Ave Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$300 Fee
1 Pet Limit
20 lb Weight Limit

About 1550 Brickell Ave Apartments

Year Built: 1987
Stories: 5 stories
Units: 138
Phone: (786) 442-3105

From the property listing:

An oasis in an urban setting, serene sculpture gardens…without the high-rise hassles. Our apartments are part of a class "A" gated community with amenities that include state of the art fitness center with cyber cafe with free Wi-Fi and lounge area, as well as serene sculpture gardens. 1550 Brickell Apartments are located ON Brickell Ave – Away from the Brickell/Downtown traffic, south of 15th!!! Miami’s best address, we are within walking distance to everything.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Miami — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does 1550 Brickell Ave Apartments require renters insurance?
We found specific coverage details on 1550 Brickell Ave Apartments's website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at 1550 Brickell Ave Apartments?
For this zip code and building type, expect to pay around $16/month ($187/year). 1550 Brickell Ave Apartments has security features that qualify for discounts — with those applied, you could pay as little as $14/month. For context, the statewide average is $16/month, so this building is right around average.
What will I actually pay per month at 1550 Brickell Ave Apartments?
Plan for $2,766 to $3,616/month all-in. That's base rent ($2,750 – $3,600), plus roughly $16/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does 1550 Brickell Ave Apartments allow pets?
Yes, 1550 Brickell Ave Apartments is pet-friendly. Here are the details: Cats Allowed. $300 Fee. 1 Pet Limit. 20 lb Weight Limit. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around 1550 Brickell Ave Apartments?
Property crime in Miami runs noticeably higher than the national average — 2,477 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 232/100K here. On the property itself, you'll find controlled access, property manager on site, gated, gated access — features that can qualify for premium discounts.
What floor plans does 1550 Brickell Ave Apartments offer?
There are 2 floor plans to choose from, spanning 1-bedroom, 2-bedroom layouts. Rent ranges from $2,750 – $3,600. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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