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Waterfront · Condominium
$3,189,000$1,235 / sqft
700 NE 24th ST # 5407, Miami FL 33137
Listed
4
Bedrooms
6
Bathrooms
2,582 sqft
Interior
2025
Year built
$2,600 / mo
HOA
Condominium
Type
About this home
Residence #5407 at Aria Reserve presents a rare turnkey opportunity, offered fully furnished with refined, high-end Italian pieces. Tastefully upgraded throughout with custom wood millwork and thoughtfully curated finishes, creating a cohesive and sophisticated living environment. All closets have been fully finished. Roller shades are installed in every room for a clean, modern aesthetic with effortless light control. Expansive floor-to-ceiling glass frames breathtaking panoramic water and city views, while the residence’s unique corner positioning captures both sunrise and sunset exposures—filling the home with natural light from dawn to dusk. The open-concept living and dining areas flow seamlessly, ideal for both everyday living and entertaining. Modern finishes and meticulous attention to detail define a residence that is truly move-in ready. Aria Reserve delivers a full-service waterfront lifestyle with resort-style amenities, including pools, fitness center, spa, and beautifully designed common areas, all within one of Miami’s most anticipated luxury developments. An ideal setting for both everyday living and entertaining. Modern finishes, curated furnishings, and meticulous attention to detail define a residence that is truly move-in ready. Currently rented on annual lease for $25k/mo.
Features
- First Floor Entry
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Utility Room/Laundry
- East Of Us1
- 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 4-bed rentals across Miami-Dade, from 123 active listings; the middle half ask $14,000–$34,000.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.