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Waterfront · Condominium
$575,000$705 / sqft
475 Brickell Ave # 4511, Miami FL 33131
Listed
1
Bedrooms
1
Bathrooms
816 sqft
Interior
2008
Year built
$1,209 / mo
HOA
Condominium
Type
About this home
1 bed / 1 bath residence on the 45th floor of Icon Brickell Tower 1, with 816 SF and a 27-ft balcony overlooking the Miami River, Biscayne Bay and Key Biscayne. The balcony is open again following the building's renovation of this line. Open layout with kitchen island, Sub-Zero refrigerator, wall oven, dishwasher, and washer/dryer inside the unit. The bedroom offers a walk-in closet and a bath with dual sinks and tub/shower combo. Investor-ready: tenant in place through June 30, 2027, so the unit produces income from day one. Icon Brickell offers resort-style amenities at the mouth of the Miami River, including pool deck, spa, sauna and fitness center, steps from Brickell and Downtown Miami. Association fee includes internet and water. 1 parking space.
Features
- Built-in Features
- Closet Cabinetry
- Walk-In Closet(s)
- Open Balcony
- Bay
- River
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,000–$4,089.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.