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The Real Deal Miami

Icon Brickell closes $60.8 million in sales

February 04, 2011 10:16AM

Icon Brickell, the downtown Miami condo complex, had 145 closings in the
fourth quarter for a total of $60.87 million, along with 121 new sales
for a total of $54.12 million, it announced this week. Icon Brickell
Tower 2 recently received Fannie Mae approval, giving a number of those
unable to close on their residences the opportunity to do so. Buyers
purchased more than 330 units taken back by the lender at Icon last
year. According to Condo Vultures, the project has been averaging about
50 unit sales per month. TRD