The Icon is a boutique condominium development at 1120 Ashford Avenue in Condado, one block from the beach. For buyers comparing new construction in San Juan, the important questions in 2026 are no longer limited to renderings: current delivery timing, available residences, contract terms, association costs, and building rules all require direct verification.
This guide explains the development's confirmed features, current construction status, buyer due diligence, and active residences marketed through Christie's International Real Estate Puerto Rico. Availability and prices can change, so buyers should confirm every listing and project milestone before relying on published information.
Key Takeaways
- The developer describes The Icon as a boutique collection of 30 condominiums in Condado.
- RioBlanco Capital currently reports more than $60 million in total investment and delivery targeted for Q4 2026.
- Plans include about 5,000 square feet of indoor and outdoor amenities across three levels.
- The Icon can be compared with Vanderbilt Residences, ORO Residences, and Condado Blu across scale, location, services, and amenities.
- Buyers should verify construction milestones, specifications, fees, financing terms, and rental restrictions before signing.
The Icon's 2026 Development Status
The Icon remains a preconstruction project, so current developer and listing information should replace earlier projections. RioBlanco Capital's project page identifies a 2023 start date, more than $60 million in total investment, 30 condominiums, and delivery targeted for Q4 2026.
That schedule is a target rather than a guarantee. A buyer should request the latest construction report, contractual delivery provisions, deposit schedule, completion protections, and a written list of the finishes and appliances included with the selected residence.
Why Condado Appeals to Urban Luxury Buyers
Condado combines a coastal setting with a walkable urban routine along Ashford Avenue. The neighborhood places residents near beaches, restaurants, hotels, medical services, shops, and the business and cultural districts of San Juan.
The Icon's location may suit buyers who prefer a lock-and-leave condominium over a resort-community estate. The tradeoff is that buyers must evaluate condominium governance, monthly costs, insurance, backup systems, parking, construction activity, and permitted rental use as carefully as the residence itself.
Architecture, Interiors, and Amenities
The development is designed around contemporary residences with floor-to-ceiling glass and ocean, lagoon, or city outlooks that vary by unit and elevation. Marketing materials identify Jota Arquitectos for the architecture and Palacios for the interiors, while individual listing specifications should control any purchase decision.
- Residences: Two- to four-bedroom layouts with terraces and open living areas, subject to the selected floor plan.
- Kitchens: Italian-designed cabinetry and premium appliances are promoted, but brands and packages should be confirmed in the contract for each unit.
- Amenities: Plans describe approximately 5,000 square feet across three levels, including a rooftop pool, resident lounge, outdoor kitchen, fitness center, business lounge, children's playroom, and attended lobby.
- Services: Marketing references concierge and security services; buyers should confirm staffing, operating hours, budgets, and what the monthly assessment covers.
What Buyers Should Verify Before Contracting
Preconstruction purchases require a document-based review of what is promised, when it is expected, and what remedies apply if material details change. Buyers should coordinate with independent Puerto Rico legal, tax, insurance, and financing advisers rather than relying solely on marketing descriptions.
- Executed floor plan, net and gross area definitions, terrace area, parking, storage, and assigned view orientation.
- Deposit schedule, escrow provisions, financing contingency, estimated closing date, and delay or cancellation clauses.
- Finish schedule, appliance package, permitted substitutions, warranty coverage, and inspection procedures.
- Proposed condominium budget, monthly assessment, reserves, insurance structure, generator and water-backup coverage.
- Condominium bylaws, rental rules, pet rules, transfer fees, and restrictions affecting the buyer's intended use.
The Icon and Three New Construction Properties to Compare
The Icon remains the featured Condado option among new construction properties in Puerto Rico because it combines a boutique residential scale, an Ashford Avenue location, and a planned Q4 2026 delivery. The three additional developments below help buyers compare The Icon with oceanfront, hotel-connected, and wellness-oriented new-construction formats elsewhere in San Juan.
The Icon
The Icon is a boutique collection of residences one block from Condado Beach, with planned ocean and city views, Palacios interiors, and approximately 5,000 square feet of amenities across three levels. Buyers prioritizing a smaller urban development should compare its current floor plans, Q4 2026 delivery target, contract protections, and available residences directly with the listing team.
Vanderbilt Residences
Vanderbilt Residences is presented as a 66-residence oceanfront collection in Condado, with one- to five-bedroom layouts, expansive glass walls, Poliform kitchens, and smart-home readiness. Its larger scale and oceanfront position provide a useful benchmark for buyers deciding whether The Icon's boutique profile and location better match their priorities.
ORO Residences
ORO Residences comprises 32 one- to three-bedroom homes on the upper floors of a hotel-connected building on San Juan's Golden Mile in Hato Rey. Buyers can compare its hotel services, rooftop infinity pool, spa, and business-district setting with The Icon's coastal Condado lifestyle and residential amenity program.
Condado Blu
Condado Blu is positioned as a full-service Condado development emphasizing energy efficiency, wellness, concierge service, valet parking, and spacious residences. It offers another neighborhood comparison for buyers evaluating The Icon's boutique scale, planned rooftop amenities, layouts, carrying costs, and delivery terms.
How The Icon Compares Within Condado
The Icon occupies the urban preconstruction segment of Condado's luxury condominium market. Buyers can compare it with completed resale buildings and other new developments by focusing on total acquisition cost, usable area, delivery certainty, monthly carrying costs, backup infrastructure, amenities, and rules governing occupancy or rentals.
Price alone does not establish value because two units with similar asking prices may differ substantially in terrace area, parking, storage, views, construction risk, and future assessments. A useful comparison should therefore normalize the full ownership package instead of relying only on price per square foot.
Conclusion
The Icon offers a contemporary Condado option for buyers who value walkability, coastal access, new construction, and a relatively small residential collection. Its current Q4 2026 delivery target and active inventory make construction progress, contract protections, specifications, and condominium costs central to the decision. Careful verification can help a buyer distinguish the confirmed ownership package from preliminary marketing expectations.
If you are comparing The Icon with other Puerto Rico luxury properties, Christie's International Real Estate Puerto Rico can help you review current availability and arrange property-specific due diligence. Contact our team to discuss your preferred layout, budget, intended use, and timing before selecting a residence.
FAQs
When Is The Icon Expected to Be Delivered?
RioBlanco Capital currently identifies delivery in Q4 2026. Buyers should obtain the latest written construction schedule and review the contract provisions governing delays and completion.
How Many Residences Are Planned at The Icon?
The developer's current project page describes 30 condominiums. Because some individual listing language may differ, buyers should confirm the final condominium documents and unit schedule.
Can Owners Rent Their Residences at The Icon?
Rental rights should not be assumed from general Condado market conditions. Review The Icon's recorded or proposed condominium documents, local registration requirements, insurance implications, and any minimum-stay rules before purchasing for rental use.
What Costs Should Buyers Compare Beyond the Asking Price?
Compare monthly assessments, insurance, property taxes, utilities, financing, parking and storage rights, closing costs, reserves, and potential special assessments. Preconstruction buyers should also examine deposit timing and the financial effect of delivery delays.
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