Address: 485 Brickell Avenue, Miami
Neighborhood: Brickell
Year Built: 2009
# Units: 520
# Floors: 50
# Parking Levels: Valet Only
42
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Ross’s Comments – What you Need to Know about Icon Viceroy
In past 3 years maintenance fees in this tower increased by over 40 percent, which speaks to the fact that owners carry the burden of their share of the expenses of tower three, the master association plus shared hotel expenses.
The Viceroy tower has the added bonus of having no rental restrictions, thereby allowing owners maximum flexibility to rent their property when not in residence.
FIFTY Lounge on the 50th floor of the tower has some of the best views in Miami. It is a must to enjoy a mojito by the rooftop pool on a warm Miami summer evening.
The valet only policy of this tower can be an inconvenience, in particular, during major events or rush hour.
All four corners of the tower consist of two bedroom units, with the popular “02” line facing northeast and enjoying Miami River, city and bay views, while the “10” line on the southeast corner faces the bay and Brickell Financial District.
15th & Vine Kitchen and Bar is located in Tower 3 on the 15th level and serves breakfast, lunch, dinner and brunch on weekends.
BUILDING QUALITY
MANAGEMENT
LOCATION
RENT FRIENDLY
ACCESSIBILITY
FINANCING
DESIGN & EFFICIENCY
AMENITIES
WALKABILITY
PET FRIENDLY
PARKING
SECURITY
RECENT PRICE/SQ FT $481
RECENT PRICE/M² $5,177 SEE PRICE HISTORY
MAINTENANCE COST/SQ FT $0.75 – $0.99
2 BEDROOM PRICE RANGE (2014-2015) $560,000 – $760,000
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UNIT SIZES 495 – 1,459 sq. ft (46 – 136 m²)
UNIT TYPES Studio, 1 & 2 bedroom
# OF UNITS 520
# OF FLOORS 50
# OF PARKING LEVELS Valet Only
ARCHITECT Arquitectonica
DEVELOPER The Related Group
PET POLICY Pets allowed, subject to restriction.
24-Hour Concierge, Valet and Security
2,500 square-foot gym, offering expert trainers, a state-of-the-art cardio theater, integrated wellness classes, yoga, Pilates, and a spinning studio
5,000 square-foot water lounge with a floating library, a reflecting pond, hot and cold plunge pools and floor-to-ceiling windows overlooking Key Biscayne
Philippe Starck designed spa
Outdoor dining area with fireplace overlooking the park
Resident cafe on the bay
Business conference room
Huge 300 foot pool including a shallow lounge area, thermal hot pool and a heated olympic length lap pool
BRICKELL DISTRICT
The Brickell district is an urban neighborhood of greater Downtown Miami situated on the south side of the Miami River, which serves as Miami and South Florida’s major financial district. Brickell is also a dense, high-rise residential neighborhood with many upscale, luxury condominium, and apartment towers.
Referred to as the “Manhattan of the South,” Brickell is home to the largest concentration of international banks in the United States, as well as many popular Miami restaurants, shops, hotels, offices and places of entertainment. A few hundred feet east of the northeastern side of Brickell is Brickell Key, a gated island of exclusive, high-rise residential towers and the Mandarin Oriental Miami Hotel.
As of 2013, over 220,000 office employees work in the Downtown and Brickell areas. Today, the Brickell and Downtown Miami neighborhoods are the fastest-growing neighborhoods in Miami, growing from 40,000 residents in 2000 to 74,000 in 2013 with a median household income of $70,800.
The biggest driver in the area is the development of Brickell City Centre, a massive 5.4 million square foot mixed use project spanning four city blocks. It will consist of two luxury residential towers, a hotel and an office building, all connected by a high rise and open air shopping center with extensive entertainment, retail, restaurant and other offerings. Although Brickell is already considered a highly desirable to “live, work and play”, the addition of Brickell City Centre is going to be a major game changer for the city of Miami.
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