Updated October 7 , 2026: Explore current listings, including pricing, square footage, residence details and availability.
ICON South Beach Condos for Sale & Rent · 450 Alton Road, Miami Beach
ICON South Beach is a 40-story Philippe Starck–designed tower on Biscayne Bay, set beside the Miami Beach Marina in the South of Fifth neighborhood. Its curved silhouette, resort amenities and walkable location have made it one of Miami Beach’s most recognizable addresses. Yet value inside the building cannot be read from an average price per square foot alone: floor, line, exposure, floor plan and condition can materially change what a residence is worth.
Current Market Intelligence
MLS market snapshot as of September 22, 2026. Inventory and status can change at any time.
How to read these numbers: ICON is a single building of 289 residences, so monthly activity is naturally small and one or two transactions can swing the picture. Active two-bedroom listings in September 2026 ranged from approximately $1.8 million to $2.7 million, while recent closed sales have reached as high as $23.5 million at the penthouse level.
On the rental side, active asking rents ranged from about $10,000 to $17,500 per month, and the two most recent closed leases were $10,500 and $24,000 per month. The more useful analysis is residence-specific: floor, line, view and condition create real differences between seemingly comparable units.
Completed 2005 · 40 Stories
ICON
South Beach
450 Alton Road · Miami Beach
A Philippe Starck Landmark
Developed by The Related Group, designed by architects Sieger Suarez and finished with interiors under the creative direction of Philippe Starck, ICON South Beach was completed in 2005 and remains one of the defining towers of the South of Fifth skyline.
The tower’s S-curve form was conceived so that most residences face the water. The building sits along roughly 1,000 feet of bay frontage beside the Miami Beach Marina, with views that, depending on the line, extend across Biscayne Bay, Fisher Island and the Downtown Miami skyline.
Building Amenities
The amenities are not an accessory to the real estate. For many buyers, they are central to choosing ICON over other South of Fifth towers.
Two pool decks with sun loungers and food service create a resort atmosphere on the bay, steps from the residences.
A heated lap pool directly on the water makes daily swimming practical year-round, with marina and bay views.
A dramatic two-story lobby with 24-foot ceilings and a café sets the tone of the building from the moment you arrive.
A fitness center and spa with sauna and steam rooms let residents keep a wellness routine without leaving the building.
A media lounge, billiards room, event spaces and a business center support entertaining as well as working from home.
A 24-hour front desk and security, valet parking, on-site concierge and management deliver hotel-style service.
Nine Floor Plans
851 – 2,158
square feet
One-Bedrooms to Tri-Level Penthouses
Inside the Homes
ICON’s 289 residences are offered in nine floor plans, from one-bedroom homes of approximately 851 square feet to two tri-level penthouses at the top of the tower.
Standard finishes include 9-foot ceilings, hurricane-impact windows, kitchens with Miele appliances and Sub-Zero refrigeration, marble bathrooms and Starck-selected color palettes. Many residences also feature walk-in closets, generous balconies and built-in wine coolers.
Leasing Rules
Rentals at ICON South Beach are limited to twice per year, with a six-month minimum lease term. Short-term and vacation-style rentals are therefore not part of the building’s model.
For owners, this policy supports a quieter, predominantly owner-occupied environment. For investors, it means the building is better suited to long-term leasing than to income strategies that depend on short stays. The building is also pet-friendly, with no weight restrictions.
Ask About Leasing at ICON →Leasing Policy
6-Month
Minimum
Rentals Limited to Twice per Year
Marina Living in South of Fifth
Location is a large part of what buyers pay for at ICON: the water on one side, the beach a short walk away and the city minutes across the causeway.
South Pointe Park, its waterfront promenade and the sand of South Beach are about a 10-minute walk from the lobby, making the beach part of daily life rather than a destination.
ICON sits beside the Miami Beach Marina, an appealing setting for boat owners and for anyone who enjoys waterfront walks, sunset views and marina dining.
South of Fifth is known for some of Miami Beach’s most established restaurants, quiet residential streets and a calmer pace than central South Beach.
From the base of the MacArthur Causeway, Downtown Miami is about 15 minutes by car, with the Design District, Brickell and Miami International Airport within easy reach.
Walk Score and travel times are approximate and can vary with traffic and route.
Real Estate Perspective
Even within a single tower, ICON is not one uniform market. A high-floor residence facing the bay and Downtown skyline, a mid-floor city-view unit and a renovated two-bedroom can appeal to very different buyers and trade at very different values.
This is why I do not rely on a single building-wide price per square foot. ICON also competes with the neighboring South of Fifth towers, so a residence should be evaluated against both its in-building comparables and the alternatives a buyer will actually tour.
Residence by Residence
289
Residences
Every Line Tells a Different Story
Beyond the Property Search
ICON South Beach has long attracted international owners. For overseas purchasers, the property search is only one part of the process: ownership structure, financing, inspections, closing, condominium approval and leasing rules all deserve attention.
For executives and families relocating to Miami, I also assist with neighborhood orientation, executive rentals, private property tours, school guidance and the practical transition to South Florida. For buyers who want to redesign or furnish a residence after closing, professional interior-design coordination can also be integrated into the move.
Italian Buyer Resource →Corporate Relocation →TATEM Interiors →
In-Depth Buyer Guide
ICON South Beach real estate rewards careful comparison. The strongest buying decisions come from understanding not only asking price, but also the specific floor, line, view corridor, renovation level, association profile, leasing rules and competing inventory at the moment of purchase.
Buyers comparing ICON condos should avoid treating the building as a single pricing market. A high-floor bay-facing residence, a city-view unit and a lower-floor home can trade very differently even when their interior square footage appears similar.
Condition matters as well. A truly turnkey residence with updated kitchen, bathrooms, lighting and flooring can generate a very different buyer response than a unit that still has its original 2005 finishes and will need renovation under the association’s approval process.
Before making an offer, buyers should review current active competition in the building, pending transactions, the most relevant recent closings, association financials and reserves, any known special assessments, parking and storage, and the leasing rules if rental income is part of the plan.
International buyers should plan the ownership and closing structure early. Financing, title, tax planning, insurance and the choice of ownership entity can affect the transaction and should be coordinated with the buyer’s legal, tax and financial advisers.
Sellers at ICON benefit from positioning a residence against the inventory a buyer will actually compare: other active units in the building by line, floor, view and condition, and the competing South of Fifth towers on the same buyer’s list.
Presentation is especially important in a well-known building with regular resale activity. Professional photography, accurate floor plans, clear information about updates and a precise description of the view can materially affect how a listing is perceived by local and international buyers.
Pricing strategy should also account for how many directly competing units are active, how long they have been on the market, whether comparable residences are pending, and how the six-month leasing minimum shapes the buyer pool.
Living at ICON means resort-style amenities inside the building and a walkable neighborhood outside it: the marina, South Pointe Park, the beach and the restaurants of South of Fifth are all close by, while Downtown Miami remains about 15 minutes away.
Buyers should also consider the practical rhythm of the building: valet and parking, guest access, deliveries, pet policy, the owner-occupied character supported by the leasing rules, and how often they expect to travel to Brickell, the Design District or the airport.
ICON South Beach Questions, Answered
Practical answers for buyers, sellers and renters considering ICON South Beach.
ICON South Beach is at 450 Alton Road, Miami Beach, FL 33139, in the South of Fifth (SoFi) neighborhood at the southern tip of Miami Beach. The tower sits on Biscayne Bay beside the Miami Beach Marina, a short walk from South Pointe Park and the beach.
ICON South Beach has 289 residences in a 40-story tower, offered in nine floor plans from one-bedroom homes to two tri-level penthouses. Interior sizes range from approximately 851 to 2,158 square feet.
ICON South Beach was developed by The Related Group, with architecture by Sieger Suarez and interiors under the creative direction of Philippe Starck. The building was completed in 2005.
Amenities include two resort-style pools plus a heated bayfront lap pool, a two-story lobby café, a fitness center, a spa with sauna and steam rooms, a media lounge, a billiards room, a business center, 24-hour front desk and security, valet parking and an on-site concierge.
Yes. ICON South Beach is pet-friendly, with no weight restrictions. Owners should confirm the current pet rules with the association before purchasing or leasing.
Yes, with restrictions. Rentals at ICON are limited to twice per year with a six-month minimum lease term. Short-term and vacation rentals are not permitted under this policy. Rules can change, so buyers should verify the current leasing requirements with the association.
In the September 22, 2026 MLS snapshot used on this page, six residences were offered for sale, one sale was pending and no sales had closed during the prior 30 days. Inventory changes frequently, so current availability should always be verified.
In the September 22, 2026 snapshot, four residences were offered for rent, with asking rents from about $10,000 to $17,500 per month, one rental was pending and two rentals had closed during the prior 30 days.
Pricing depends heavily on size, floor, line and view. Recent closed sales at ICON have ranged from approximately $3.7 million to $23.5 million at the penthouse level, while active listings in September 2026 included two-bedroom residences from approximately $1.8 million to $2.7 million.
The tower's curved design orients most residences toward the water. Depending on line and floor, views can include Biscayne Bay, the Miami Beach Marina, Fisher Island, the Downtown Miami skyline and, from certain exposures, the Atlantic Ocean.
Very walkable. The building has a Walk Score of 96. South Pointe Park, the beach, the marina and the restaurants of South of Fifth are all within walking distance, and Downtown Miami is approximately 15 minutes by car.
ICON is an established, well-known South of Fifth address with consistent resale activity. Because of its leasing restrictions, it tends to suit owner-occupants and long-term holders more than buyers seeking short-term rental income. Each purchase should be evaluated against current inventory, recent comparable sales and building financials.
Key factors include floor, residence line, bay or city exposure, floor plan, balcony size, condition and renovation, association fees and assessments, parking, competing inventory in the building and nearby South of Fifth towers, and recent comparable sales.
Private Buyer & Seller Representation
I monitor active inventory, pending transactions, recent closings and leasing activity to help clients evaluate ICON residence by residence — not simply by a building-wide average.
Max Mlekus · Keller Williams Miami Beach · (786) 223-2270
