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Condominium at 488 NE 18th St # 4900, Miami FL 33132Active
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Condominium
$1,000,000$854 / sqft

488 NE 18th St # 4900, Miami FL 33132

2
Bedrooms
3
Bathrooms
1,171 sqft
Interior
2018
Year built
$1,259 / mo
HOA
Condominium
Type

About this home

Experience elevated living from this spectacular 49th-floor corner residence at Aria on the Bay, one of Edgewater’s premier luxury towers. This beautifully appointed 2 Bed, 2.5 Bath home offers floor-to-ceiling glass windows and breathtaking panoramic views of the Miami Skyline and Biscayne Bay. The 1,171 SF residence features an open-concept layout filled with natural light with a wrap around terrace with a split floor plan. Thoughfully designed with features such as porcelain flooring throughout, motorized electric shades, luxurious wallpaper outfitted in each bedroom, with ambiance setting light dimmers in each room. The kitchen is outfitted with sleek Italkraft cabinetry, premium stainless steel appliances, quartz countertops, seamlessly connecting to the spacious living and dining areas—perfect for entertaining or enjoying Miami’s iconic scenery. Aria on the Bay delivers an exceptional resort-style lifestyle with two sunrise and sunset pools, a waterfront jacuzzi overlooking Biscayne Bay, state-of-the-art fitness center, in-house spa, children’s playroom, theater, business center, BBQ areas, 24-hour valet & security. Surrounded by unlimited outdoor activity directly across from Margaret Pace Park, residents have acces to a beautifully paved walking/jogging path, tennis courts, basketball court, a dog park, volleyball courts, and acres of green space along Biscayne Bay. The neighborhood is exceptionally positioned for those looking for the waterfront city lifestyle.

Features

  • Lobby
  • Built-in Features
  • Custom Mirrors
  • Fire Sprinklers
  • Split Bedroom
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Other View
  • Skyline

Location

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

Estimated loan & HOA

$6,316

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

Principal & interest
$5,057
HOA
$1,259 / 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
Compass Florida, LLC

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.