Own Edgewater

Icon Bay

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

13 for sale
For sale
13
3 pending · 6.8 mo supply
Median asking
$895K
from $572K
Median $/sqft
$749/sqft
$644/sqft sold, 12 mo
Days on market
4
105 to sell · 23 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
74
/ 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.

Value52
$749/sqft — vs. Edgewater condos, then all of Miami
Momentum45
-1.5% $/sqft over 6 months
Liquidity80
6.8 months of supply · 4 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age70
Built 2015 — vs. Edgewater buildings
own.miami Condo Index
101At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#336 of 698 tracked Miami condos
Top 48% by price per sq ft
#11 of 36 in Edgewater
Momentum
↓ Cooling
$749/sqft median ask
Liquidity
Hot
See the full Condo Index →

The stacks

9 lines · modeled from 84 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$725/sqft8
-021 bd · 1.5 ba854 sqftBayWaterfront$697/sqft8
-032 bd · 2 ba1,107 sqftBayWaterfront$709/sqft10
-042 bd · 2 ba1,104 sqftBayWaterfront$715/sqft10
-05Best value2 bd · 2 ba1,143 sqftBayWaterfront$630/sqft11
-062 bd · 2 ba1,073 sqftBayWaterfront$708/sqft9
-072 bd · 2 ba1,095 sqftBayWaterfront$644/sqft12
-083 bd · 2.5 ba1,395 sqftBayWaterfront$842/sqft14
Penthouses5 bd · 4 ba2,257 sqftBayWaterfront$965/sqft2

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
$719,000
$651,000–$788,000 · $629/sqft
High confidence · 11 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

460 NE 28th St #3706Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$880,000$820/sqft
2 bd · 2 ba · 1,073 sqft
460 NE 28th St #3706
Listing courtesy of Douglas Elliman, Marion Ott (Lic. #0617981) · MLS #A12104135
460 NE 28th St #PH 4104Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$2,750,000$1,070/sqft
5 bd · 5 ba · 2,569 sqft
460 NE 28th St #PH 4104
Listing courtesy of Miami Blue Real Estate, Fabrizio Pellicciotti (Lic. #3294941) · MLS #A12104105
460 NE 28th St #1801Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$1,099,000$838/sqft
2 bd · 2 ba · 1,311 sqft
460 NE 28th St #1801
Listing courtesy of Cervera Real Estate Inc., Maria Angelica Cruz (Lic. #3488264) · MLS #A12107096
460 NE 28th St #3301Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$999,000$762/sqft
2 bd · 2 ba · 1,311 sqft
460 NE 28th St #3301
Listing courtesy of Condoideas Realty Group LLC, Daniela Pellicciotti (Lic. #3126890) · MLS #A12097927
460 NE 28th St #3403Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$1,000,000$903/sqft
2 bd · 2 ba · 1,107 sqft
460 NE 28th St #3403
Listing courtesy of Maykel Fernandez R.E.Broker, Maykel Fernandez (Lic. #0663605) · [email protected] · MLS #A12097868
460 NE 28th St #3308Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$1,349,000$967/sqft
3 bd · 2.5 ba · 1,395 sqft
460 NE 28th St #3308
Listing courtesy of One Sotheby's International Realty, Neila Rudden (Lic. #3440535) · MLS #A12093109
460 NE 28th St #802Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$572,000$670/sqft
1 bd · 1 ba · 854 sqft
460 NE 28th St #802
Tenant occupiedSeller financing
Listing courtesy of Harbor Realty Inv. Corp, John Olsen (Lic. #0561992) · MLS #A12046575
460 NE 28th St #906Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$710,000$662/sqft
2 bd · 2 ba · 1,073 sqft
460 NE 28th St #906
Tenant occupied
Listing courtesy of Swann Realty Partners, LLC., Florencia Yagodnik (Lic. #3610805) · MLS #A12062280
460 NE 28th St #701Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
New
$950,000$725/sqft
2 bd · 2 ba · 1,311 sqft
460 NE 28th St #701
Listing courtesy of Coastal Property Advisors, Inc., Herman Singh (Lic. #3605291) · MLS #A12042079
460 NE 28th ST #1102Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$599,900$617/sqft
1 bd · 1.5 ba · 973 sqft
460 NE 28th ST #1102
Listing courtesy of Golod Group LLC, Hernan Golod (Lic. #3107405) · MLS #A12017334
460 NE 28th St #601Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$895,000$683/sqft
2 bd · 2 ba · 1,311 sqft
460 NE 28th St #601
Listing courtesy of Premier Elite Realty Inc., Trish Shah (Lic. #3552320) · MLS #A11989342
460 NE 28 #704Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6
$789,000$715/sqft
2 bd · 2 ba · 1,104 sqft
460 NE 28 #704
Listing courtesy of Silverleaf Realty Group, Richard Corrales (Lic. #3280975) · MLS #A11960232
See all 13

Sold $/sqft trend

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

$554$712$870Sep 2024Feb 2025Jul 2025Nov 2025Mar 2026Jul 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
Developed by
Related Group
63
B+ · Developer Score
  • Ranks #1 of 49 scored Related Group buildings
  • Asking $749/sqft here vs $865/sqft across the developer's portfolio
  • 53% of the developer's portfolio has no adverse verified record
  • All 52 buildings by this developer

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

Public records checked Oct 28, 2026: no liens, lawsuits or regulatory complaints found for the association.

Verified records

  • PositiveBank financingOct 31, 2026

    Regulated lenders recorded 10 purchase or refinance loans on this building in the last 12 months, financing 29% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 71/100.

    Source: Miami-Dade Clerk official records

  • 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.

Financeability

What the banks say about Icon Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

71Financeable

Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.

Mortgages recorded, 12 months
11
10 from banks and credit unions · purchases and refinances
Sales bank-financed
29%
24 recorded sales, 12 months · Resales only
Average down payment
28.4%
Lowest down payment accepted
10%
Loan programmes, 24 months:Conventional 10Private lenders 1

High confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 10.0 ft (NGVD29).
Hurricane evacuation zone
Zone C
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
5.2 ft
Lowest nearby street
4.2 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.2 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Icon Bay cost?+

There are 13 condos for sale at Icon Bay, from $572,000, with a median asking price of $895,000 ($749/sqft).

How much are the HOA fees at Icon Bay?+

HOA / maintenance fees at Icon Bay run around $1,761 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. Related Group's own.miami Developer Score is B+ across 52 buildings.

Stay ahead
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