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Buildings/South Beach/ICON SOUTH BEACH

Luxury

ICON SOUTH BEACH

ICON CONDO

450 ALTON RD, Miami Beach 33139

★ 4.6

2005

Year Built

276

Units

CI Score

Moderate

For Sale

$2.3M

Avg Price

$1,122

Sale $/SF

For Rent

$10,000

Avg Rent

$8.65

Rent $/SF

+2.5%

YoY

For Sale

For Rent

Investor-Owned

68%

Avg HOA

$2,577.33/mo

ICON South Beach is an ultra-luxury residential tower located at 450 Alton Road in the heart of South Beach, featuring 276 units ranging from 1 to 8 bedrooms with floor plans spanning 851 to 9,039 square feet. Built in 2005, the building offers an iconic South Beach lifestyle with direct access to the neighborhood's premier dining, nightlife, and beach culture. The property commands an average price per square foot of $1,407.90, reflecting its ultra-luxury positioning and prime oceanfront location.

Building Details

Address

450 ALTON RD, Miami Beach, 33139

Neighborhood

South Beach

Year Built

2005

Total Units

276

Avg Unit Sqft

1,787 SF

Tier

Luxury

Developer

The Related Group

Avg $/SF

$1,121.85

Avg Rent

$10,000/mo

Rent $/SF

$8.65/SF

HOA Range

$1,400 – $15,167.33

Google Rating

4.6 (60 reviews)

Neighborhood Rank

Top 2%

Avg Unit Value

$1.9M

Total Sales (All-Time)

877

Phone

(305) 695-6910

Amenities

PoolFitness CenterSpaConciergeValet ParkingParking Garage24-Hour SecurityElevatorLobbyBusiness Center

Market Data

Sale Price Trend ($/SF)

$722

-40.9%

Rental Price Trend ($/SF)

$7.30

-7.8%

Building Activity

Days on Market

127

days

Sitting longer

Months of Inventory

9.6

months

Buyer's market

Sale-to-List Ratio

91.4%

Buyers negotiating

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$10,000

/month

Sales & Listings

Active Listings

For Sale (6)

$890K

Unit 3715

2 bd2 ba1,168 sf

$762/SF72 DOM

$1.1M

Unit 3008

1 bd2 ba851 sf

$1256/SF66 DOM

$1.1M

Unit 2608

1 bd2 ba851 sf

$1267/SF1 DOM

$1.1M

Unit 2608

1 bd2 ba851 sf

$1267/SF1 DOM

$1.1M

Unit 2608

1 bd2 ba851 sf

$1.7M

Unit 906

2 bd2 ba1,452 sf

$1170/SF82 DOM

For Rent (6)

$6K

Unit 3208

1 bd3 ba851 sf

$7/SF39 DOM

$10K

Unit 1610

2 bd2 ba1,370 sf

$7/SF137 DOM

$10K

Unit 806

2 bd2 ba1,452 sf

$7/SF27 DOM

$10K

Unit 2610

2 bd2 ba1,370 sf

$7/SF53 DOM

$11K

Unit 2810

2 bd2 ba1,370 sf

$8/SF

$11K

Unit 2810

2 bd2 ba1,370 sf

$8/SF

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 11, 2026	$1.4M	$721.93	3/2	1,870
Feb 9, 2026	$2.2M	$1,257.14	2/3	1,750
Jan 27, 2026	$900K	$699.84	2/2	1,286
Jan 12, 2026	$3.2M	$1,487.49	3/3	2,158
Dec 23, 2025	$3.4M

Units & Ownership

Total Units

276

Avg Sqft

1,787 SF

Avg Assessed

$1.7M

Owner-Occupied

32%

Tax & Ownership

Investor-Owned

68%

Owner-Occupied

32%

Avg Assessed Value

$1.7M

Avg Taxable Value

$1.7M

Effective Year Built

2005

Zoning

6505

Unit Mix

1 BR30

Avg 863 SF

2 BR175

Avg 1,661 SF

3 BR61

Avg 2,208 SF

4 BR4

Avg 3,536 SF

5 BR2

Avg 3,694 SF

6 BR1

Avg 9,039 SF

8 BR1

Avg 7,875 SF

Unknown2

Unit Directory

Showing 10 of 276 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
—	—	—	—	$4.1M	—	$100	—	Nov 2009
602	2	2	1,933	$1.7M	✓	$2.2M	$1,138	Aug 2025
603	2	2	1,703	$1.4M	—	$700K	$411	Jul 2008
604	2	2	1,434	$1.1M	—	$1.5M	$1,046	Dec 2021
605	2	2	1,750	$1.4M	—	$1.7M	$949	Dec 2022
606	1	1	1,200	$895K	—	$480K	$400	Mar 2005
607	2	2	1,815	$1.3M	✓	$1.2M	$675	Oct 2013
608	1	1	851	$542K	✓	$670K	$787	Mar 2006
610	2	2	1,370	$961K	—	$1.1M	$810	Jan 2014