Five-year reserve planning My HOA Budget

Miami, Florida condo association

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Icon Brickell

Icon Brickell is a condo association in Miami, Florida. This profile tracks monthly dues $1,080–$1,600/mo, 1718 units, built in 2008, reserve study status not yet verified, along with amenities, reserve questions, and...

condo Public records Reserve health: No study on record Browse Miami communities Florida reserve laws

Profile 56% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units 1718
Year built 2008
Monthly dues $1,080–$1,600/mo
Reserve health Check my risk
Active listings 45
Median sale price $580K

Amenities

PoolGymSpaSaunaConciergeElevatorParking garageRooftopBusiness center

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Icon Brickell has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for Icon Brickell based on reserve health, building age, and Florida requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
I am a...

Values used: scaled defaults where community data is unknown — starting reserve (scaled from unit count at $15k/unit); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve$48.10MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$48.1M
Annual dues increase+5% compounding · $22.27M/yr → $28.42M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $18.70M/yr → $22.75M/yr by 2031
4%
Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Icon Brickell

Icon Brickell is a 1,718-unit luxury condo complex in Miami’s Brickell Financial District, completed in 2008. Designed by Arquitectonica with interiors by Philippe Starck, the development spans three towers — two 58-story residential towers and a 50-story tower that includes the W Miami hotel. The complex sits on the south side of the Miami River with direct waterfront access and views of Biscayne Bay.

What we know

  • Units: 1,718 across three towers (Tower 1: 713 units, Tower 2: 561 units, Tower 3: 444 condos + 148 hotel rooms)
  • Year built: 2008
  • Monthly dues: $1,080–$1,600/mo (varies by unit size and tower)
  • Amenities: 300-foot swimming pool, spa and fitness center, sauna, rooftop pool, 24-hour concierge, valet parking, on-site restaurants (Cipriani, Cantina La Veinte)
  • Developer: Related Group
  • Active listings: ~45 units for sale as of April 2026
  • Median sale price: ~$580K

Each tower operates as its own condo association, so dues and rules may differ between Tower 1, Tower 2, and Tower 3 (W Miami).

Reserve health

Reserve health hasn’t been verified for Icon Brickell yet. Before you approve a budget, pay a special assessment, or close on a unit here, Florida law defines exactly what reserve records a condo must keep and what owners can request — see Florida condo reserve funding rules.

What’s still missing

  • Management company name for each tower association
  • Board roster for each tower
  • Reserve study date and reserve balance
  • Special assessment history
  • Community photos

For board members

If you serve on any of the three Icon Brickell boards, you can claim this page to add reserve data, your board roster, and community photos. A complete profile helps current owners and prospective buyers make informed decisions — and gives Icon Brickell the online presence it deserves.

More Miami communities

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Public records 900 Biscayne Bay
516 units $1,245–$3,435/mo condo
Public records Brickell Heights
690 units $1,326–$2,088/mo condo
Public records Paraiso Bayviews
396 units $488–$837/mo condo

Florida laws that apply here

Condo reserve funding

Florida condominium reserve funding rules, in plain language

How Florida's Chapter 718 condominium statute actually handles reserves — through a default budget framework, a member-vote waiver mechanism for some reserves, and the post-Surfside Structural Integrity Reserve Study regime that makes certain reserves non-waivable — and what all of that means for a board, owner, or buyer.

Fla. Stat. § 718.112(2)(f) and (g) — condominium annual budgets, reserve accounts, waiver limits, and Structural Integrity Reserve Study requirements, with milestone-inspection cross-reference to Fla. Stat. § 553.899 Reserve funding

Florida HOA reserve funding rules, in plain language

How Florida Statutes Chapter 720 actually handles HOA reserves, why they are elective rather than mandatory, and what that means for a board, owner, or buyer making a real decision.

Florida Statutes § 720.303(6) — Budgets; reserves

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make Icon Brickell look as good online as it does in person.

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Next step

Need documents from Icon Brickell?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents