Home » Miami » Icon Brickell Three at 485 Brickell Avenue Miami » 485 Brickell Ave 3911, Miami, FL 33131 | A11434155

Sold 485 Brickell Ave 3911, Miami, FL 33131

$799,000
closed for a price of $755,000

Property Highlights

Listing ID A11434155 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 876 Sqft/81.38 m2 approx. Building Area 876 Sqft/81.38 m2 approx. COMMUNITY POOL Year Built 2009 Has view of the Ocean Lease Term Minimum Duration: 1 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 282 Days

485 Brickell Ave 3911, Miami, FL 33131

Property Description: Buy a turnkey business that doubles as a condo and resort. This condo is in one of the best known buildings in Brickell, the Icon, attached to one of the best known hospitality brands in the world, the W. The 11 line is the best in the building as you get both pool, water and city views. The layout is open to enjoy the view, the kitchen, and living room at the same time. The property is currently professionally managed as a fulltime vacation rental and can easily be transferred to a new owner to avoid any set up times and keep vacancy to a minimum. The W and Icon feature: cafes, Cipriani, Cantina La Veinte, two parks and a walk way on the water, spa with cold plunge/hot tubs/sauna, fully equipped gym, the biggest pool deck in the city, and more. Reach out for video and revenue numbers.

Useful Info

Contingency:3rd Party Approval
Original List Price:$799,000
Close Price:$755,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):39
Entry Level Location:39
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:50
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Pool
  • Ocean
  • Water
Waterfront:No
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Washer
Interior Features:
  • Walk-in Closet(s)
  • Bar
  • Other
Exterior Features:
  • Other
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,822

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$1,208
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Elevator(s)
  • Fitness Center
Subdivision Name:ICON BRICKELL CONDO NO 3
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Internet
Complex Name:Icon Brickell
Senior Community:No
Restrictions: Daily Rentals Allowed, Okay to Lease within 1st Year of Ownership

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

More Details

Other Information:
Unit ViewOcean View,Pool Area View,Water View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year365
Flood ZoneAE
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code1
Subdivision Number149
Buy StateMassachusetts
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:ICON BRICKELL CONDO NO 3 UNIT 3911 UNDIV 0.13% INT IN COMMON ELEMENTS OFF REC 26751-0510
Real Estate Folio Number (Parcel Number):01-41-38-149-5100
Public Survey Township:1
Public Survey Range:41
Public Survey Section:38

Listing History

Update/EventDate/Days
Published Date:August 14, 2023 2:44 pm
On Market Date:August 14, 2023
Close Date:May 22, 2024
Price Change Date Time:August 10, 2023 4:32 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 29, 2024 10:35 am
Status Last Changed:May 29, 2024 10:35 am
Photos Last Modified:September 2, 2023 9:11 pm
Last Modified:May 29, 2024 2:35 pm
Days on the Market Reference Date:May 29, 2024
Days on the Market (updated on Last Modified*):203
Cumulative Days on the Market (updated on Last Modified**):203

Additional Information

Unit Location:High Rise
Number of Photos:21
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:FIP Realty Services, LLC
Universal Property Id:US-12025-N-0141381495100-R-N

Location

Show Property Address:Yes
Street Name:Brickell Ave
Street Number:485
Street Address:485 Brickell Ave 3911
Unit Number:3911
City : Miami
State : Florida
Zip Code : 33131
County : Miami-Dade County
Full Address:485 Brickell Ave 3911, Miami, FL 33131
Latitude:N25° 46' 7.2''
Longitude:W81° 48' 39.1''

Neighborhood

Postal City:Miami

Property Map

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