Own Edgewater

Icon Bay

460 NE 28th St · Built 2015 · 43 floors · 299 residences

9 for sale
For sale
9
6 pending · 5.4 mo supply
Median asking
$800K
from $635K
Median $/sqft
$725/sqft
$639/sqft sold, 12 mo
Days on market
42
103 to sell · 20 in 12 mo
Icon Bay
Daniel Christensen · CC0 · Wikimedia Commons

Located in the heart of Edgewater, Icon Bay is a premier waterfront community offering expansive views of Biscayne Bay and the Miami skyline. The building features a variety of floor plans, including corner residences and a penthouse, characterized by floor-to-ceiling windows and open-concept layouts.

Residents have access to a wide range of resort-style amenities, including a bayfront infinity-edge pool, a state-of-the-art fitness center, a spa, and a sauna. The building also features a theater, clubroom, and tennis and basketball courts. Additional amenities include a business center, a children's play area, a sky lounge, and a private waterfront park with art installations.

The building provides full-service features such as 24-hour concierge, valet parking, and security. Its location offers convenient access to the Miami Design District, Wynowd, and nearby shopping and dining destinations.

Live near more of Miami

What surrounds Icon Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
71
/ 100
A−
own.miami Score

A data-grounded score for Icon Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value45
$725/sqft — vs. Miami condos
Momentum53
+1.2% $/sqft over 6 months
Liquidity78
5.4 months of supply · 42 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age70
Built 2015
own.miami Condo Index
102100 = the median Miami condo, by price and liquidity.
Rank
#287 of 597 tracked Miami condos
Top 48% by price & liquidity
#10 of 33 in Edgewater
Momentum
→ Steady
$725/sqft median ask
Liquidity
Hot
See the full Condo Index →

The stacks

9 lines · modeled from 47 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Icon Bay’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -05 line.

LineLayoutSizeView$/sqftSales
-012 bd · 2 ba1,311 sqftBayWaterfront$721/sqft5
-021 bd · 1.5 ba854 sqftBayWaterfront$708/sqft4
-032 bd · 2 ba1,107 sqftBayWaterfront$684/sqft5
-042 bd · 2 ba1,104 sqftBayWaterfront$725/sqft5
-05Best value2 bd · 2 ba1,143 sqftBayWaterfront$636/sqft9
-062 bd · 2 ba1,073 sqftBayWaterfront$662/sqft4
-072 bd · 2 ba1,095 sqftBayWaterfront$644/sqft7
-083 bd · 2.5 ba1,395 sqftBayWaterfront$842/sqft7
Penthouses5 bd · 4 ba2,249 sqftBayWaterfront$867/sqft1

Modeled from Icon Bay’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Icon Bay’s own sales history.

Estimated value
$732,000
$679,000$785,000 · $640/sqft
High confidence · 9 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Icon Bay?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Icon Bay; bars are closings per month.

$548$724$901Aug 2024Jan 2025Jun 2025Oct 2025Feb 2026Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
460 NE 28th St
Year built
2015
Floors
43
Residences
299
Developer
Related Group
Architect
Arquitectonica
Waterfront
Yes

Amenities

  • · Bayfront pool
  • · Fitness center
  • · Spa
  • · Sauna
  • · Clubroom
  • · Theater
  • · Tennis courts
  • · Basketball courts
  • · Concierge
  • · Valet
  • · Security
  • · Business center
  • · Children's play area
  • · Sky lounge
  • · Media room
  • · Waterfront park

Building rules

Parking
The building offers valet parking and some units include assigned covered parking.

Special assessments & recertification outlook

Clear
  • Built 2015 — its first 25-year structural milestone inspection is due around 2040

Estimated from Icon Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Icon Bay cost?+

There are 9 condos for sale at Icon Bay, from $635,000, with a median asking price of $800,000 ($725/sqft).

Is Icon Bay a good time to buy?+

Icon Bay currently has about 5.4 months of supply — a seller-friendly pace.

How much are the HOA fees at Icon Bay?+

HOA / maintenance fees at Icon Bay run around $1,544 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Icon Bay a waterfront building?+

Yes — Icon Bay is a waterfront building (Edgewater).

When was Icon Bay built?+

Icon Bay was built in 2015, 43 stories, 299 residences.

Who developed Icon Bay?+

Icon Bay was developed by Related Group and designed by Arquitectonica.

Stay ahead
Interested in Icon Bay?

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