$1,070,000
Experience elevated luxury living from the 27th floor of ICON South Beach, ideally located in the prestigious South of Fifth neighborhood. Residence 2708 is a beautifully furnished 1-bedroom home offering approximately 851 SF with spectacular panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline. The residence features a sophisticated designer-inspired interior with Arabescato marble flooring, custom closets, Lutron lighting controls and motorized window treatments. Floor-to-ceiling windows fill the home with natural light and create an exceptional connection to the surrounding water and skyline. ICON South Beach is a landmark full-service luxury condominium offering 24-hour concierge and security, valet parking, resort-style pools, a heated bayfront lap pool, fitness center, spa, sauna and steam rooms. Its prime South of Fifth location places residents moments from South Pointe Park, the beach, Miami Beach Marina and Miami’s finest restaurants and entertainment. An excellent investment opportunity, Residence 2708 is currently leased at $6,300 per month for a one-year term commencing November 1, providing $75,600 in scheduled gross annual rental income. Fully furnished, upgraded and already leased, this turnkey property offers the opportunity to own a luxury Miami Beach asset with income in place while enjoying the enduring appeal of ICON South Beach
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.
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 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.
Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Compass Florida, 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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