Icon Bay
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
The honest headline on Icon Bay right now is that the data set is thin. Our snapshot shows a single closing in the current window, which is not enough transaction volume to draw a reliable line on pricing or pace. Anyone telling you they know exactly where this building is trading, day to day, is guessing.
That thinness cuts both ways. A seller here should not assume a single recent sale sets the market, and a buyer should not assume it either. The prudent posture is to treat any one data point as a starting reference, not a verdict, and to have a broker pull live comparables and pending activity before you price or offer.
Who Icon Bay is best for.
Best for
- A buyer comfortable doing direct diligence on a building with thin public sales data.
- A seller who wants a broker to verify current comparables rather than rely on a single data point.
- Someone targeting Miami-Dade County generally and open to confirming Icon Bay's specifics building by building.
Probably not for
- A buyer who needs an established price trend or multiple recent comparables before committing.
- Someone who requires confirmed on-site amenities before making a decision, since none are verified in current MLS data.
- A seller expecting a data-rich pricing strategy built purely from this snapshot.
The market around Icon Bay
Icon Bay is too small for its own price trend, so here is the market around it.
In ZIP 33137, 3 homes are on the market and 0% are under contract — a slower corner of Miami.
Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).
Homes here are condominium.
ZIP and county figures describe the wider market, not Icon Bay specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Icon Bay
Live MLS inventory for Icon Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Icon Bay listings as of 2026-08-05, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
The Icon Bay buying strategy.
If we were buying in Icon Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Icon Bay.
A Building With Limited Signal
With just one recorded closing in the current window, Icon Bay does not yet offer a statistically meaningful picture of price per square foot, days on market, or where buyer demand is concentrated by unit type or floor. That is not a knock on the building itself, it is simply a function of low transaction volume in this snapshot period.
Current MLS listings also do not identify specific community amenities for Icon Bay. That does not mean the building lacks amenities, only that this data source does not confirm them, so any amenity claims should be verified directly against the building's condo documents or association before they factor into a decision.
The location and the amenities are priced into every listing in Icon Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building where the public data is this thin, the value of a broker is doing the extra legwork: pulling the association's own sales history, checking pending and off-market activity, and confirming amenities and building details directly rather than relying on a single snapshot. That is the work we do before we let a client price a listing or write an offer at Icon Bay.
Icon Bay in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Icon Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Icon Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Icon Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Icon Bay home worth?
Get a no-obligation home value based on real comparable sales in Icon Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Icon Bay on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
6% of homes for sale in ZIP 33132 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
Recent Developments in Icon Bay
Development, infrastructure, retail, and school activity affecting Icon Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Construction permits filed for two-tower Biscayne 18 in Edgewater
Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.
What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The site is less than a mile northwest of Icon Bay.
Source: Florida YIMBY - July 2026Development
619 Brickell by Nobu condo tower wins review board approval
The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.
What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The site is about 1 mile south of Icon Bay.
Source: The Real Deal - July 2026Development
OKO Lilli condo tower nabs Miami review board approval in Edgewater
The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.
What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The site is about 1 mile north of Icon Bay.
Source: The Real Deal - July 2026Development
Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences
Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.
What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The site is about 2 miles northwest of Icon Bay.
Source: Florida YIMBY - June 2026Development
Grupo T&C plans 62-story 13th Edge tower near Brickell
Grupo T&C filed a pre-application with Miami-Dade County for 13th Edge, a 62-story, 648,700-square-foot tower at 237 Southwest 13th Street with 400 apartments and 400 hotel rooms. The project, designed by Kobi Karp Architecture, would replace the 36-unit El Vedado condominium built in 1972.
What it may mean for the marketIntroduces a large mixed-use residential and hotel tower to the area west of Brickell, adding hundreds of apartments and hotel rooms and replacing a small older condominium. The site is about 2 miles southwest of Icon Bay.
Source: The Real Deal - May 2026Development
Miami Beach board approves Terra's 106-unit luxury condo tower at 1250 West Avenue
Miami Beach's Design Review Board granted unanimous approval for a 330-foot condo tower with 106 units at 1250 West Avenue, developed by Terra Group with RG Development Group and GV Development. The building would replace a 15-story, 238-unit condo constructed in 1964 and include two penthouses with rooftop pools and ground-floor commercial space.
What it may mean for the marketAdds a new luxury condo tower to the West Avenue corridor, replacing an aging mid-century building with a taller structure and ground-floor retail space, reshaping the bayfront skyline and local housing stock. The project is about 3 miles east of Icon Bay, elsewhere in Miami-Dade County.
Source: The Real Deal
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
Do cash buyers compete in Icon Bay?
Who is the best real estate agent for Icon Bay?
How do I find a top Miami real estate agent who knows Icon Bay?
Can Momentum Realty connect me with an agent for Icon Bay?
Should you buy in Icon Bay?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (16 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Icon Bay fits the bigger picture — live prices, inventory, and Momentum Scores:
More Miami & Miami & Miami-Dade County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.