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Waterfront · Condominium
$660,000$743 / sqft
488 NE 18th Street Apt 3508, Miami FL 33132
Listed
1
Bedrooms
2
Bathrooms
888 sqft
Interior
2018
Year built
$996 / mo
HOA
Condominium
Type
About this home
WELCOME TO THIS SOPHISTICATED ONE-BEDROOM PLUS DEN, TWO-BATHROOM CONDOMINIUM LOCATED IN ARIA ON THE BAY IN MIAMI, FLORIDA. THIS RESIDENCE IS POSITIONED ON THE 35TH FLOOR, PROVIDING AN ELEVATED URBAN LIVING EXPERIENCE. AS A WATERFRONT PROPERTY WITHIN THIS DISTINCTIVE COMMUNITY, THE HOME CAPTURES THE ESSENCE OF MIAMI'S DYNAMIC LIFESTYLE. THE GENEROUS LAYOUT MAXIMIZES COMFORT AND FUNCTIONALITY, WHILE THE TWO FULL BATHROOMS ADD CONVENIENCE FOR RESIDENTS AND GUESTS. THIS CONDOMINIUM PRESENTS AN EXCELLENT OPPORTUNITY FOR THOSE SEEKING CONTEMPORARY WATERFRONT LIVING IN THE HEART OF MIAMI. BRIGHT AND MODERN 1 BEDROOM RESIDENCE PLUS DEN, 2 BATHROOMS, AND SPACIOUS BALCONY OFFERING OPEN BISCAYNE BAY VIEWS. FLOOR TO CEILING WINDOWS PROVIDE ABUNDANT NATURAL LIGHT, AND LAYOUTS INCLUDE OPEN LIVING/DINING AREAS AND CONTEMPORARY KITCHENS WITH STAINLESS STEEL APPLIANCES AND QUARTZ OR ITALIAN CABINETRY FINISHES. UNIT FEATURES PRIVATE ELEVATOR, PRIVATE FOYER, UPGRADED ELECTRICAL, SMART HOME SWITCHES, CUSTOM CLOSETS, NEW DOORS, AND PORCELAIN OR CERAMIC FLOORING THROUGHOUT. DEN FUNCTIONS AS HOME OFFICE, GUEST ROOM, MEDIA SPACE, OR CONVERTIBLE SECOND BEDROOM. BUILDING & AMENITIES: ARIA ON THE BAY OFFERS THREE LEVELS OF RESORT STYLE AMENITIES INCLUDING SUNRISE AND SUNSET POOLS, STATE OF THE ART FITNESS CENTER, YOGA STUDIO, SPA, SAUNA, STEAM ROOM, HOT TUB, THEATER, GAME ROOMS, LIBRARY, KIDS/TEEN AREAS, SPORTS COURTS, BUSINESS CENTER, OUTDOOR BBQ AREAS, AND FULL CONCIERGE SERVICES. THE BUILDING IS LOCATED DIRECTLY ACROSS FROM MARGARET PACE PARK. PRIME EDGEWATER WATERFRONT LOCATION WITHIN MINUTES OF BRICKELL, DOWNTOWN, MIDTOWN, WYNWOOD, AND THE DESIGN DISTRICT. QUICK ACCESS TO MIAMI'S BEACHES, CULTURAL VENUES, DINING, AND ENTERTAINMENT. ASSIGNED PARKING INCLUDED.
Features
- Interior Hall
- Entrance Foyer
- Other
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.