Miami Art Week 2026Upcoming
5 exhibitions within 1 mile
Art Week Score 52 · #123 in South Beach
#123 in South Beach · #186 in Miami
Nearest: Joseph's Machines brunch at the Jewish Museum of Florida, 0.4 mi away
Own South Beach · South of Fifth
ICON South Beach
450 Alton Rd · Built 2005 · 42 floors · 274 residences
For sale
5
2 pending · 6.0 mo supply
Median asking
$2.63M
from $1.05M
Median $/sqft
$1,526/sqft
$1,465/sqft sold, 12 mo
Days on market
101
109 to sell · 10 in 12 mo
ICON South Beach stands 42 floors tall on the waterfront at 450 Alton Rd, in the South of Fifth district of South Beach. It was completed in 2005 and developed by Related Group, and holds 274 residences. The county records the condominium as ICON CONDO.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for federally backed or federally regulated mortgages. It is in Miami-Dade hurricane evacuation zone B. The lowest street next to the building is 1.4 ft above the highest tide predicted for 2026 at Virginia Key.
On the 2025 tax roll, 32% of the 274 units carry a homestead exemption and 31% are owned by a company or trust. The financeability reading is tier good, at 51 of 100, meaning regulated lenders have financed purchases here in the last two years. The Miami-Dade Clerk recorded 16 resale deeds in the 12 months to October 21, 2026.
The nearest Publix is 170 m away in a straight line, about 0.1 miles. The Car-Free Index is 1.
Live near more of Miami
What surrounds ICON South Beach: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
84 / 100
Nearest Publix: Publix at Fifth & Alton, 0.1 mi
#6 in South Beach · #23 in Miami
The bakery is practically your pantry.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
63
/ 100
B+
own.miami Score
A data-grounded score for ICON South Beach from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value38
$1,526/sqft — vs. South Beach condos, then all of Miami
Momentum91
+26.8% $/sqft over 6 months
Liquidity56
6.0 months of supply · 101 days on market
Health62
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age65
Built 2005 — vs. South Beach buildings
own.miami Condo Index
198Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#62 of 698 tracked Miami condos
Top 9% by price per sq ft
#12 of 121 in South Beach
Momentum
↑ Rising
$1,526/sqft median ask
Liquidity
Balanced
The stacks
9 lines · modeled from 43 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct ICON South Beach’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -08 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 3 bd · 3.5 ba | 2,145 sqft | BayWaterfront | $1,865/sqft | — | — | 3 |
| -02 | 2 bd · 2.5 ba | 1,933 sqft | BayWaterfront | $1,423/sqft | +$11 | $1,258/sqft → $1,554/sqft | 4 |
| -03 | 3 bd · 3 ba | 2,158 sqft | BayWaterfront | $1,471/sqft | $-14 | $1,549/sqft → $1,324/sqft | 6 |
| -04 | 2 bd · 2 ba | 1,536 sqft | BayWaterfront | $1,263/sqft | +$13 | $1,004/sqft → $1,363/sqft | 4 |
| -05 | 2 bd · 2.5 ba | 1,750 sqft | BayWaterfront | $1,441/sqft | +$17 | $1,128/sqft → $1,613/sqft | 4 |
| -06 | 2 bd · 2 ba | 1,452 sqft | BayWaterfront | $1,102/sqft | +$10 | $1,015/sqft → $1,239/sqft | 7 |
| -07 | 2 bd · 2.5 ba | 1,815 sqft | BayWaterfront | $1,770/sqft | $-8 | $1,807/sqft → $1,701/sqft | 4 |
| -08Best value | 1 bd · 1.5 ba | 851 sqft | Ocean ViewWaterfront | $1,005/sqft | +$14 | $864/sqft → $1,189/sqft | 5 |
| -10 | 2 bd · 2 ba | 1,370 sqft | Ocean ViewWaterfront | $1,226/sqft | +$21 | $1,114/sqft → $1,559/sqft | 5 |
Modeled from ICON South Beach’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 South Beach’s own sales history.
Estimated value
$891,000
$815,000–$967,000 · $1,047/sqft
High confidence · 5 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 South Beach?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$1,050,000$1,234/sqft
1 bd · 1.5 ba · 851 sqft
450 Alton Rd #2708
Rental income in place
Listing courtesy of Compass Florida, LLC, Paolo Coniglio (Lic. #3085755) · MLS #A12086364
$3,200,000$2,336/sqft
2 bd · 2 ba · 1,370 sqft
450 Alton Rd #2610
Listing courtesy of Beachfront Realty Inc, Elizabeth Vega (Lic. #3210935) · 917-250-2838 · MLS #A12055813
$2,670,000$1,526/sqft
2 bd · 2.5 ba · 1,750 sqft
450 Alton Rd #3505
Listing courtesy of Luxe Living Realty, Andrea Morilla (Lic. #3159427) · MLS #A12022853
$1,795,000$1,310/sqft
2 bd · 2 ba · 1,370 sqft
450 Alton Rd #910
Listing courtesy of One Sotheby's International Realty, Kristie Weyhmiller (Lic. #3302184) · MLS #A11995943
$2,625,000$1,709/sqft
2 bd · 2 ba · 1,536 sqft
450 Alton Rd #PH 4104
Listing courtesy of Compass Florida, LLC, Paolo Coniglio (Lic. #3085755) · MLS #A11907275
Sold $/sqft trend
3-month rolling median of closed sales in ICON South Beach; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 450 Alton Rd
- Year built
- 2005
- Floors
- 42
- Residences
- 274
- Developer
- Related Group
- Waterfront
- Yes
Developed by
Related Group63
B+ · Developer Score
- Ranks #24 of 49 scored Related Group buildings
- Asking $1,526/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
- · Spa
- · Fitness center
- · Concierge
- · Valet
- · 24-hour security
- · Billiards
Building rules
- Parking
- The building offers valet parking and specific units may include assigned spaces.
Special assessments & recertification outlook
WatchPublic records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
- Built 2005 — its first 25-year structural milestone inspection is due around 2030
Estimated from ICON South Beach’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 South Beach: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 11
- 10 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 19%
- 16 recorded sales, 12 months · Resales only
- Average down payment
- 45.4%
- Lowest down payment accepted
- 20%
Loan programmes, 24 months:Conventional 10Other 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 South Beach
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: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- 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
- 3.4 ft
- Lowest nearby street
- 2.4 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.4 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.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 2
- DBPR complaints
- 0
- Open DBPR complaints
- 0
DBPR registration PR1G026414 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at ICON South Beach cost?+
There are 5 condos for sale at ICON South Beach, from $1,050,000, with a median asking price of $2,625,000 ($1,526/sqft).
How much are the HOA fees at ICON South Beach?+
HOA / maintenance fees at ICON South Beach run around $2,345 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 South Beach a waterfront building?+
Yes — ICON South Beach is a waterfront building (South Beach).
When was ICON South Beach built?+
ICON South Beach was built in 2005, 42 stories, 274 residences.
Who developed ICON South Beach?+
ICON South Beach was developed by Related Group. Related Group's own.miami Developer Score is B+ across 52 buildings.
Stay ahead
Interested in ICON South Beach?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
If you like ICON South Beach, compare
Portofino Tower
300 S Pointe Dr · 1996 · 45 floors
12 for salefrom $1.35M$1,715/sqft
Murano Grande
400 Alton Rd · 2003 · 40 floors
11 for salefrom $1.7M$1,751/sqft
1500 Ocean Drive
1500 Ocean Dr · 1998 · 16 floors
7 for salefrom $1.39M$1,503/sqft
Capri South Beach
1445 16th St · 2008 · 14 floors
5 for salefrom $1.82M$1,671/sqft
Embed this building
Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →
<iframe src="https://own.miami/embed/building/icon-south-beach" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>