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Waterfront · Condominium
$2,100,000$1,194 / sqft
700 NE 24th St # 1005, Miami FL 33137
Listed
3
Bedrooms
4
Bathrooms
1,759 sqft
Interior
2025
Year built
$1,553 / mo
HOA
Condominium
Type
About this home
Poised along the waterfront in Miami's coveted Edgewater neighborhood, Residence 1005 at Aria Reserve is a brand-new, 3-bedroom, 3.5-bathroom plus office home that delivers the rare combination of a private bayfront lifestyle with the ease of a fully appointed building. Spanning 1,978 total SF, this direct bay-facing residence arrives with soaring ceilings, polished marble-effect tile floors, floor-to-ceiling impact glass, and private elevator access — setting a tone of refined, effortless luxury from the moment you arrive. The open-concept living areas flow seamlessly to an expansive balcony framing unobstructed sunrise-to-sunset views over Biscayne Bay. The gourmet kitchen showcases custom cabinetry, quartz countertops, and a premium Thermador and Bosch appliance suite. Every bedroom is en suite with walk-in closets, while the principal suite elevates the experience further with panoramic bay views, a spa-inspired bath with Roman soaking tub, and a frameless glass shower. Two assigned garage spaces are included. Resort-style amenities span pools, a full-service spa, state-of-the-art fitness center, sports courts, club rooms, and children's areas — all set along 547 feet of private waterfront park and Bay Walk.
Features
- Closet Cabinetry
- Entrance Foyer
- Other
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Bay
- Intracoastal View
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.