488 NE 18th St # 203, Miami FL 33132
About this home
Elegant 1-bedroom, 1.5-bath residence at Aria on the Bay, one of Edgewater's premier full-service luxury towers. This modern unit features tile flooring throughout, a sleek kitchen with stainless steel appliances, in-unit washer and dryer, an open-concept living area, and a private balcony. Residents enjoy resort-style amenities including pools, a state-of-the-art fitness center, spa, theater room, and more, all just steps from Margaret Pace Park and minutes from Wynwood, Midtown, Brickell, and the Design District. Ideal investment opportunity — unit is currently leased through December 18, 2026, offering immediate rental income for the buyer.
Features
- Closet Cabinetry
- Fire Sprinklers
- None
- Open Balcony
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,655
- HOA
- $873 / 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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.
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.