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Waterfront · Condominium
$524,999$739 / sqft

488 NE 18th St # 1205, Miami FL 33132

1
Bedrooms
2
Bathrooms
710 sqft
Interior
2018
Year built
$745 / mo
HOA
Condominium
Type

About this home

Centrally located in the Arts and Entertainment District with waterfront views and finished with luxurious details at the coveted Aria on the Bay, we proudly bring you unit 1205. This spacious one bed, 1 bath condo boasts desirability on all fronts from a central location with close proximity to highways, various neighborhoods in the City of Miami, picturesque ocean and bay front views, shopping and dining all while maintaining a calm and quiet community feel. Interior features of this unit include: 14 foot vaulted ceilings throughout, recessed lighting, fresh paint and wallpaper accent walls, mechanical blinds, upgraded porcelain floors throughout the unit, quartz countertops, Bosch stainless appliances and a protected view of Biscayne Bay. Come and see all this unit offers today!

Features

  • Open Balcony
  • Bay
  • Ocean View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,400

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,655
HOA
$745 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Sustainable RE, LLC.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.