Tuesday, February 2, 2010

ICON Brickell cuts prices by 51%


This past week prices at the ICON Brickell condo monumental project in downtown Miami have been drastically slashed to as little as $261 a square foot, a 51% discount on the average closed sales price in the complex to date, according to a new report from CondoVultures.com.

Prices vary in each of the three towers due to the location floor and the view in the 1,793-unit yes 1,793 UNIT complex.

The ICON Brickell project represents 8% of the nearly 22,250 condo units built in downtown Miami since 2003, the website reported.

To date, there have been nearly 150 closed sales in the complex at an average price of $538 a square foot, most in the 713-unit tower one, but none in tower three.

But this new price has brought new attention to the project

1 comment:

  1. I understand that financing is approved for Towers I & II??

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