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Waterfront · Condominium
$888,000$706 / sqft
488 NE 18 St # 1809, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,257 sqft
Interior
2018
Year built
$1,321 / mo
HOA
Condominium
Type
About this home
Waterfront apartment with spacious 2-bed, 3 Full Baths + DEN with PRIVATE ELEVATOR with your own private foyer, floor-to-ceiling windows, and a modern open kitchen with quartz countertops & Bosch appliances. Centrally located in the vibrant Arts and Entertainment District, just steps from the Margaret Pace Park. Enjoy breathtaking Biscayne Bay views from your spacious balcony. Experience resort-style living with 3 infinity pools (sunrise & sunset views), a state-of-the-art fitness center, spa, yoga studio, theater, game room, and social event spaces. Enjoy outdoor fun at the picnic and barbecue areas, or relax in the kids’ playroom and teen lounge. With concierge, valet, and business centers, this is Miami’s ultimate address for luxury and convenience!
Features
- Lobby
- Cooking Island
- Elevator
- Walk-In Closet(s)
- Den/Library/Office
- Barbeque
- Open Balcony
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,500.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.