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Waterfront · Condominium
$2,670,000$1,526 / sqft
450 Alton Rd # 3505, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,750 sqft
Interior
2005
Year built
$2,600 / mo
HOA
Condominium
Type
About this home
Live above it all at ICON South Beach in this sophisticated residence offering approximately 1,750 SF with 2 bedrooms, 2.5 bathrooms, and a spacious den. Positioned on one of the highest available floors below the exclusive penthouse collection, the unit captures stunning panoramic views of Biscayne Bay, the Downtown Miami skyline, Miami Beach Marina, and Fisher Island. Located within one of South of Fifth’s most sought-after full-service luxury buildings, ICON South Beach is renowned for its world-class amenities, Philippe Starck-designed interiors, private restaurant, spa, fitness center, and resort-style waterfront living. The residence itself features marble flooring throughout, custom-built closets, premium Miele appliances, and numerous designer upgrades. Optional furnishings may also be available.
Features
- Built-in Features
- Closet Cabinetry
- Fire Sprinklers
- Other
- Pantry
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.