485 Brickell Ave # 2306, Miami FL 33131
About this home
Beautifully furnished 1BR/1BA residence in Icon Brickell Tower III (W Hotel/Viceroy), This property is fully approved for Airbnb and short-term rentals year-round, making it a top-tier income-producing asset in the heart of Brickell,located on the south side of the Miami River in the heart of Brickell. Enjoy stunning Miami River and city skyline views from this stylish unit featuring ceramic floors, Italian cabinetry, spacious walk-in closet, and in-unit washer and dryer. Short-term rentals and daily rentals are allowed, making this an exceptional investment opportunity with strong income potential. Residents enjoy world-class amenities including a bayfront infinity pool, state-of-the-art fitness center, full-service spa with sauna and steam rooms, concierge, valet parking, and Philippe Starck-designed common areas. Home to renowned restaurants including Cipriani and Cantina La Veinte. Walking distance to Brickell City Centre, Mary Brickell Village, top dining, shopping, nightlife, and the Metromover. Minutes from Downtown Miami, Miami Beach, Coconut Grove, and Miami International Airport. Currently leased through June 16, 2027, at $4,400/month, with the tenant operating short-term subleases in accordance with building regulations. Maintenance: Iconbrickell No.3: $23.90 + Senyar Miami Holdings: $1,492.06 + Master $410.96, Total $1,927 monthly.
Features
- Built-in Features
- Walk-In Closet(s)
- Open Balcony
- Bay
- Canal
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,781
- HOA
- $1,927 / 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.
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Run the numbers
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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.