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Condominium at 488 NE 18th St # 1209, Miami FL 33132Pending
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Waterfront · Condominium
$710,000$684 / sqft

488 NE 18th St # 1209, Miami FL 33132

2
Bedrooms
3
Bathrooms
1,038 sqft
Interior
2018
Year built
$1,240 / mo
HOA
Condominium
Type

About this home

2-bed|2.5-bath on the 12th floor with stunning Intracoastal and city skyline views. This unit features an open layout, floor-to-ceiling,Italian cabinetry by Italkraft, premium SS appliances, and a large balcony offering privacy and comfort. Aria on the Bay is a full-service luxury building with world-class amenities, including sunrise and sunset pools, a state-of-the-art fitness center, yoga studio, movie theater, a waterfront park with tennis courts, beach volleyball, jogging paths, and a dog-friendly area. Located in the heart of Edgewater, with quick access to Miami Beach, Downtown, Brickell, Design District, and Miami Intl Airport. Whether for a primary residence or an income-producing investment, this is an exceptional opportunity.

Features

  • Elevator
  • Other
  • Open Balcony
  • Bay

Location

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

Estimated loan & HOA

$4,830

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

Principal & interest
$3,590
HOA
$1,240 / 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
More International Realty

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.