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Condominium at 488 NE 18th St # 501, Miami FL 33132Active
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Condominium
$635,000$616 / sqft

488 NE 18th St # 501, Miami FL 33132

2
Bedrooms
3
Bathrooms
1,031 sqft
Interior
2018
Year built
$1,096 / mo
HOA
Condominium
Type

About this home

2/2.5 condo in one of the best locations in Miami, Edgewater. Italian wood cabinets, white quartz counter-tops, white title floor and bosh appliances. Aria on the bay amenities include gym, yoga studio, private spa and massage treatment area. Also includes, business center with conference room and offices, BBQ with summer kitchen, outdoor fire pit, theater room, pool tables, great room with social areas and high speed internet. Concierge services and valet parking. Walking distance of restaurants (pura vida downstairs), Publix, etc.

Features

  • Built-in Features
  • Other
  • Walk-In Closet(s)
  • Open Balcony
  • Other View

Location

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

Estimated loan & HOA

$4,307

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

Principal & interest
$3,211
HOA
$1,096 / 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
Envirotek 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.