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Condominium at 460 NE 28th St # 4002, Miami FL 33137Active
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Waterfront · Condominium
$2,175,000$968 / sqft

460 NE 28th St # 4002, Miami FL 33137

5
Bedrooms
4
Bathrooms
2,248 sqft
Interior
2015
Year built
$3,178 / mo
HOA
Condominium
Type

About this home

PH-4002 is an expansive and highly desirable waterfront penthouse at Icon Bay, offering approximately 2,346 square feet of interior living space with four bedrooms plus a service room, four full bathrooms, and a generous 324-square-foot terrace (See floor plans). Perched high above Biscayne Bay, the residence enjoys unobstructed, panoramic water views and true penthouse privacy. Located in Edgewater, one of Miami’s fastest-growing and most sought-after neighborhoods, the property sits just one block from Whole Foods Market and offers effortless access to Wynwood, the Miami Design District, Midtown Miami, and Brickell. This waterfront penthouse, priced at approximately $1,000 per square foot, combines exceptional value with a peaceful residential atmosphere, making it ideal for luxury urban living without sacrificing serenity.

Features

  • First Floor Entry
  • Elevator
  • Entrance Foyer
  • Walk-In Closet(s)
  • Open Balcony
  • Tennis Court(s)
  • Ocean View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$14,176

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$10,998
HOA
$3,178 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.