South Florida Condo Fee Index · development report · as of October 22, 2026 · Miami, Miami-Dade County
Icon Bay, Miami: condo fees, what sold, and what is for sale today
As of October 22, 2026, the median monthly-equivalent association fee among 12 active Icon Bay listings with a usable fee is $1,804, 86% above the Miami condo median of $970. 12 Icon Bay condominiums are listed for sale in Miami, and 7 more are under contract. 3 of 12 active listings have recorded current asking price below original (25%).
Over the twelve months October 2025 to September 2026, 20 Icon Bay condos closed at a median $715,000, a median 10% under their original asking price.
Key takeaways
Median listed association fee in Icon Bay: $1,804/mo across 12 active listings with a usable fee, 86% above the Miami condo median of $970.
20 Icon Bay condos closed October 2025 to September 2026 at a median $715,000, 90.3% of original asking price.
12 Icon Bay condos are for sale as of October 22, 2026 at a median asking price of $922,500; 3 of 12 show a current asking price below original (25%).
7.2 months of supply at the current sales pace (12 for sale against 1.7 sales a month).
The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
Median condo fee / month$1,804Miami condos $970; 12 listings state a fee
Condos sold: median price, 12 months$715K20 closings October–September 2026; $639 per sq ft
Median condo asking price$923K12 for sale; $737 per sq ft
Recorded below original asking25%current asking versus original among active listings; not price history
Months of supply7.212 for sale ÷ 1.7 sales a month
Built2015median year built across listings
For Icon Bay owners
Own a condo in Icon Bay? The association fee is fixed at sale. The asking price is your decision.
Buyers comparing Icon Bay condos see the listed monthly association fee beside every asking price and weigh the two together. You cannot change the association fee when you sell; you can set the price with the association fee, the closed sales and the current competition in Icon Bay already accounted for.
38.1% of active condo listings in Miami have a recorded asking price below their original list price. For fee comparisons, Icon Bay, Miami has 12 active listings with a usable listed monthly-equivalent fee, as of October 22, 2026; this community sample is not percentile-trimmed.
The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your Icon Bay condo, with the reasoning, before it goes live.
No website estimate, no automated number: a written opinion of value prepared by hand, within one business day.
38.1%Recorded below original
61.9%Not recorded as below originalMay include unchanged prices, increases and missing-price records; not a never-cut count.
4,924 condos for sale in Miami. Source: BeachesMLS, as of October 22, 2026. Information is deemed reliable but not guaranteed. Seller Blink Rate™ is the share of active listings with a recorded asking price below the original list price. The denominator is all active listings in the segment. The complement may include unchanged prices, increases and missing-price records; it does not establish a price history.
For buyers and sellers: Sellers here are asking a median $922,500 while the last twelve months of sales closed at a median $715,000, 90.3% of the original asking price. That gap, plus 12 competing units and 7.2 months of supply at the current sales pace, is the pricing reality a Icon Bay seller starts from; the listed fee median of $1,804/mo among 12 active records with a usable fee is a comparison point, not a quote for a specific unit. Confirm its actual fee and coverage with the association.
The story for media: "20 condominiums in Icon Bay, Miami, sold between October 2025 and September 2026 at a median price of $715,000, or 90.3% of their original asking price, while 12 remain for sale; the median listed monthly-equivalent association fee is $1,804 among 12 active records with a usable fee, according to PBP Real Estate's daily analysis of BeachesMLS data as of October 22, 2026."
What condos actually sold in Icon Bay, month by month
20 condo closings from October 2025 to September 2026, median $715,000; bars count sales, dots mark the monthly median where three or more closed
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 22, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
90.3%of original asking price, median condo sale94.1% of the final asking price
$639condo sold price per square footasking today $737
98recorded days, closed samplemedian nonmissing CDOM; not measured time to contract
55%cash salesas recorded in the MLS buyer-financing field
93%Miami condos, sold to original asking4,002 city closings, same window
Range $530,000 to $2,000,000. Sold figures cover listings permitted for internet display and closed between October 1, 2025 and September 30, 2026; they are counts and medians, never an opinion of any unit's value.
Where the Icon Bay fee sits among Miami condos
Icon Bay median $1,804/mo against the Miami middle half ($600 to $1,528) and median ($970); 81.9% of Miami condo listings ask less.
Shaded band = 25th to 75th percentile of Miami condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 22, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
Inside Icon Bay the middle half of fees runs $1,484 to $1,899 a month ($1.41 per square foot). Units that sold in the last twelve months carried a median fee of $1,630 at the time of listing.
What the Icon Bay fee includes, as entered by listing brokers
Common areas 72.7%
Structure maintenance 72.7%
Pool 63.6%
Water 63.6%
Sewer 54.5%
Security 54.5%
Trash 54.5%
Cable TV 54.5%
Grounds 45.5%
Hot water 45.5%
Share of the 11 Icon Bay listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.
What condos are for sale in Icon Bay today
12 condos by size, with the median asking price of each group
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 22, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
36.8%of condos are under contract7 of 19 listings
3condos recorded below original askingof 12 active listings
34median recorded cumulative daysnonmissing MLS field; not a reconstructed history
0mention a special assessment0 of 12 listings (0%)
0state an age restriction (55+)0 of 12 listings (0%); confirm with the association
0mention a required membership0 of 12 listings (0%)
0mention a land or recreation lease0 of 12 listings (0%)
Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.
What do buyers and sellers ask about Icon Bay?
What is the condo fee in Icon Bay, Miami?
As of October 22, 2026, the median monthly-equivalent association fee across the 12 Icon Bay condominiums for sale that state a fee is $1,804; the middle half runs $1,484 to $1,899. That is 86% above the Miami condo median of $970. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
What did condos in Icon Bay sell for?
20 Icon Bay condominiums closed between October 1, 2025 and September 30, 2026 at a median $715,000 ($639 per square foot), ranging from $530,000 to $2,000,000. The median sale closed at 90.3% of the original asking price and 94.1% of the final asking price, after a median 98 cumulative days on market. 55% of those sales were cash. Closings are reported to the MLS with a lag, so the window ends with the last full month; 0 October 2026 closings have been reported so far and are not in the medians.
How many Icon Bay condos are for sale, and are prices being cut?
12 Icon Bay condominiums are listed as of October 22, 2026, asking from $572,000 to $2,750,000, median $922,500; 7 more are under contract. 3 of 12 active records have current ListPrice below OriginalListPrice (25%). The remainder is not a never-cut group.
Median nonmissing recorded CDOM is 34 days, not an independently reconstructed property history. At the last twelve months' sales pace the inventory ratio is 7.2 months; not a sale-time forecast.
Does Icon Bay have special assessments, age restrictions or membership requirements?
We report what listing agents wrote, not what the association has decided. Among the 12 Icon Bay listings for sale, 0 mention a special assessment in the public remarks; 0 state an age restriction such as 55+; 0 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.
How is this Icon Bay report built and how often is it updated?
Refresh is scheduled daily from PBP Real Estate's BeachesMLS data feed: active and under-contract condominium listings in Miami whose subdivision field names Icon Bay, plus available closings in the twelve months ending September 30, 2026. Use the report's statistical date and qualifying counts. Fees are converted to a monthly equivalent and usable association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
Method: listings whose MLS subdivision field maps to Icon Bay after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Miami, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of October 22, 2026; closed sales are from a rolling archive and cover October 1, 2025 to September 30, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated October 22, 2026.
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