About Four Ambassadors
Designed by Affleck, Desbarats, Dimakopoulos, Lebensold, and Sise
Four Ambassadors is the value entry point on this list — 1960s bayfront construction with amenities (marina, tennis) that newer, denser towers don’t build anymore, at a fraction of new-construction pricing.
Four Ambassadors is actually a four-tower complex built 1966-1968, sharing a name and shared lobby/grounds, spanning addresses from roughly 801 to 999 Brickell Bay Drive — one of the earliest condo developments in the Brickell corridor. The towers were designed by the Canadian firm Affleck, Desbarats, Dimakopoulos, Lebensold, and Sise. Sources give about 744 to 748 residences across the four 20-story towers. Worth noting: because Four Ambassadors spans four separate towers/addresses, confirm which specific tower a listing belongs to — this page’s live listings and pricing cover all four towers (801, 825, 905 and 999 Brickell Bay Drive).
What Carlos Says
This is the value/entry-point play on this list -- studios well under $300K, in a bayfront building with a marina, in a neighborhood where new construction now starts well above $700K. The tradeoff is age: this is 1960s construction, so ask directly about the building's milestone/40-year recertification status and any pending or recent assessments before buying. Florida's post-Surfside inspection requirements have made this a real cost consideration at older buildings statewide, not just here.
Building Fees & Assessments
MLS listings for Four Ambassadors have shown a median association fee around $0.99/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Four Ambassadors is 58+ years old, which puts it within Florida's Milestone Inspection requirement (SB 4-D, post-Surfside law covering condo/co-op buildings 3+ stories, coastal buildings inspected at 25 years and every 10 years after). Request the building's most recent milestone inspection report, structural integrity reserve study (SIRS), and reserve fund status before purchasing -- these determine whether a special assessment is likely.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Four Ambassadors's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Four Ambassadors pet-friendly?
Yes, Four Ambassadors is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at Four Ambassadors?
Long-term rentals are generally permitted at Four Ambassadors, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Is a 1968 building like Four Ambassadors safe to buy into in 2026?
Age alone isn't disqualifying, but Florida's post-Surfside structural inspection and reserve-funding requirements (SB 4-D) apply to buildings like this one, and can mean real assessment costs. Always request the building's most recent milestone inspection report, reserve study, and any pending special assessments before making an offer -- this is standard due diligence for any Miami condo built before the 2000s, not specific to this building.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.
