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$370,000

475 Brickell Ave #2508, Miami, FL 33131

Baths
1
Living area
598 ft²
Price per ft²
$619 / ft²
Type
Condo
Year built
2008
HOA
$794 / mo HOA
On market
111 days on market
MLS #
A12044665

INVESTOR OPPORTUNITTY!!! SELLER MOTIVATED!! Experience luxury living at Icon Brickell Tower I. This stylish studio features an open-concept layout with floor-to-ceiling impact glass, a modern European-style kitchen, premium finishes, walking closet, and a private balcony showcasing breathtaking panoramic views of the Miami River and city skyline. Enjoy resort-style amenities including a spectacular waterfront pool, state-of-the-art fitness center, spa, concierge, valet, and 24-hour security. Located in the heart of Brickell, just steps from Brickell City Centre, premier dining, shopping, and entertainment. Currently tenant-occupied with a lease in place through May 2027, offering an excellent investment opportunity with immediate rental income.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $619. The median for recorded sales in the same ZIP codes is $607/ft² — putting it close to the median.
  • Position in the area’s price distributionThe asking price is $370,000; the median of recorded sales in the area is $620,000 (1,112 sales). On raw price that is 40% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $794 per month comes to $9,528 a year — 2.6% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$111,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$1,793
Loan amount
$259,000
Total interest over the term
$386,575
Total repaid
$645,575

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Avenew Realty Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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