$550,000

485 Brickell Ave #2306, Miami, FL 33131

Bedrooms
1
Baths
1
Living area
842 ft²
Price per ft²
$653 / ft²
Type
Condo
Year built
2009
HOA
$1,927 / mo HOA
On market
64 days on market
MLS #
A12055531

Beautifully furnished 1BR/1BA residence in Icon Brickell Tower III (W Hotel/Viceroy), This property is fully approved for Airbnb and short-term rentals year-round, making it a top-tier income-producing asset in the heart of Brickell,located on the south side of the Miami River in the heart of Brickell. Enjoy stunning Miami River and city skyline views from this stylish unit featuring ceramic floors, Italian cabinetry, spacious walk-in closet, and in-unit washer and dryer. Short-term rentals and daily rentals are allowed, making this an exceptional investment opportunity with strong income potential. Residents enjoy world-class amenities including a bayfront infinity pool, state-of-the-art fitness center, full-service spa with sauna and steam rooms, concierge, valet parking, and Philippe Starck-designed common areas. Home to renowned restaurants including Cipriani and Cantina La Veinte. Walking distance to Brickell City Centre, Mary Brickell Village, top dining, shopping, nightlife, and the Metromover. Minutes from Downtown Miami, Miami Beach, Coconut Grove, and Miami International Airport. Currently leased through June 16, 2027, at $4,400/month, with the tenant operating short-term subleases in accordance with building regulations. Maintenance: Iconbrickell No.3: $23.90 + Senyar Miami Holdings: $1,492.06 + Master $410.96, Total $1,927 monthly.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $653. The median for recorded sales in the same ZIP codes is $610/ft² — putting it 7% above the median.
  • Position in the area’s price distributionThe asking price is $550,000; the median of recorded sales in the area is $617,500 (1,120 sales). On raw price that is 11% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,927 per month comes to $23,124 a year — 4.2% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$165,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,548
Loan amount
$385,000
Total interest over the term
$532,460
Total repaid
$917,460

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Related General Realty, LLC.

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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