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450 Alton Rd # 2708, Miami Beach FL 33139

Condo/Co-op For Sale
$1,050,000

BTC: 13.20754717

ETH: 431.74342105

-$20K (2026/10/23)
46 days
Waterfront
1 bds
1 ba
851 sqft

Overview

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

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Valet
Year Built:
2005
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,234
Cooling:
Electric
HOA:
$4,369

Valuation

Our model vs. what's actually selling nearby.
Estimate
$480,000
$365K – $750K
Confidence Low
List vs. estimate
$570K above estimate
List $1,050,000 · +118.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,233
+109.0% vs. city median $590
Based on
101 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,380
2025
HOA
$4,369/qtr
Pool
Private
View
Bay, Intracoastal View
Waterfront
Canal Front, Intracoastal Front
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    • Marble

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Custom Mirrors

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 02-42-03-286-2440

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,369

    • HOA Frequency: Quarterly

    • Annual tax amount: $12,380

  • Source details

    • MLS ID: A12086364

    Other facts

    • Construction Materials: Concrete Block Construction / Concrete Block With Brick

    • Patio And Porch Features: Deck

    • Window Features: Complete Impact Glass / Blinds

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 851

    • Subdivision Name: ICON CONDO,ICON SOUTH BEACH

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC