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Waterfront · Condominium
$1,199,000$1,033 / sqft
488 NE 18th Street # 4711, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,161 sqft
Interior
2018
Year built
$1,230 / mo
HOA
Condominium
Type
About this home
Live your Luxury in Sunny South Florida on the 47th Floor with your Personal Oasis in the Sky. An Amazing Opportunity Awaits with a Lovely Presentation of Modernistic Eloquence Featuring 2 Bedrooms / 3 Full Baths accompanied with a Den. Upon Arrival by Private Elevator to your Private Foyer you'll notice an Elegant yet Natural Ambiance with Views of Biscayne Bay stretching to Miami Beach. Needless to say the unit Boasts Numerous Upgrades. Take a Moment to Bask Outdoors on a Generously Sized Balcony. Nestled within Aria on the Bay come Luxuriate in the Highly Desirable 5 Star Resort Style Amenities offered at your footsteps. Capitalize on the Opportune Moment to be Delightfully located within the Heart of Miami's Arts and Entertainment District.
Features
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Bay
- Ocean
- Bay View
- Direct Ocean
- Ocean View
Leasing
- Minimum lease
- Not stated
- Ok To Lease With Res
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.