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2
Bedrooms
2
Bathrooms
1,104 sqft
Interior
2015
Year built
$1,322 / mo
HOA
Condominium
Type
About this home
Welcome to the exquisite Icon Bay furnished condo, where luxury meets comfort in the heart of Miami! This stunning 2-bedroom, 2-bathroom unit is not just a home; it's a lifestyle choice that embodies the very essence of resort-style living. Imagine stepping into a space that boasts private elevator access, soaring 9-foot-high ceilings, and floor-to-ceiling glass windows that flood the interior with natural light while offering breathtaking views of the Bay and the iconic Miami Beach skyline. The condo is meticulously designed for your convenience and enjoyment. The sophisticated wood cabinetry complements the modern aesthetic, while the in-unit washer and dryer add to the ease of living. Step out onto your private balcony and immerse yourself in the serene bay views that surrounds you.
Features
- First Floor Entry
- Open Balcony
- Bay
- Intracoastal View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.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.