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Waterfront · Condominium
$1,160,000$795 / sqft

485 Brickell Ave # 3208, Miami FL 33131

In ICON Brickell
2
Bedrooms
2
Bathrooms
1,459 sqft
Interior
2009
Year built
$1,830 / mo
HOA
Condominium
Type

About this home

In the heart of Brickell’s waterfront district, steps from Brickell City Centre and Mary Brickell Village. ICON Brickell Tower 3 is a Philippe Starck-designed, full-service condo-hotel on the Biscayne Bay/Miami River with resort-style amenities including a 300-ft pool, spa & 28,000 SF fitness center. Ideal as a primary residence, second home, or flexible income property with short-term rental options. Residence 3208 is a bright corner home with floor-to-ceiling glass framing Biscayne Bay and skyline views, plus a private balcony. Open living and dining flow to the view. Modern kitchen features warm wood cabinetry, sleek black countertops, panel-ready refrigerator, and built-in microwave/oven. Spacious bedroom with bay views. Spa-style bath with double vessel sinks, soaking tub, and glass-enclosed shower.

Features

  • First Floor Entry
  • Built-in Features
  • Walk-In Closet(s)
  • Family Room
  • Open Balcony
  • Bay

Estimated loan & HOA

$7,696

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

Principal & interest
$5,866
HOA
$1,830 / 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
One Sotheby's International Realty

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.