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Waterfront · Condominium
$3,300,000$1,529 / sqft
450 Alton Rd # 2303, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,158 sqft
Interior
2005
Year built
$3,621 / mo
HOA
Condominium
Type
About this home
Perched atop ICON South Beach’s most coveted line, Residence 2303 spans 2,158 SF of refined living with panoramic views of the ocean, bay, and city. Designed by visionary starchitect Philippe Starck, this prized three bedroom home features expansive living areas bathed in natural light through floor-to-ceiling, south-facing windows, flowing seamlessly to a 358 SF terrace. ICON South Beach offers a tailored lifestyle with two pools, world-class spa and fitness center, full-service concierge, and the acclaimed Dolce restaurant with in-residence or poolside dining. Located in Miami Beach’s premier South of Fifth neighborhood, you're moments from top-tier dining, shopping, and the beach. This home is your front-row seat to Miami’s most iconic views and vibrant energy.
Features
- Other
- East Of Us1
- Bay
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
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 3-bed rentals in Miami Beach, from 97 active listings; the middle half ask $9,900–$39,500.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.