Skip to content
All listings
Condominium at 488 NE 18th St # 2112, Miami FL 33132Active
1 / 31

Photo 1 of 31

Waterfront · Condominium
$2,250,000$1,115 / sqft

488 NE 18th St # 2112, Miami FL 33132

3
Bedrooms
4
Bathrooms
2,018 sqft
Interior
2018
Year built
$2,183 / mo
HOA
Condominium
Type

About this home

DIRECT BAYFRONT VIEWS FROM THE BEST LINE in ARIA ON THE BAY! Enjoy unobstructed views of Biscayne Bay and Margaret Pace Park from this spacious 3 bedroom / 4 bath + den home in the sky. Each room features an en-suite bath and access to the wrap around terrace with east and south exposure. Spacious kitchen opens directly to the dining & living area…all with direct water views. Den can be converted to a 4th room. The park at the water’s edge directly in front of this building is the only one of its kind in Edgewater and features tennis courts, sand volleyball, basketball, a dog park, picnic areas and a bayfront walking path. Several cafes, high end restaurants and supermarkets are along a radius of a few blocks. Conveniently located between the 2 main causeways into Miami Beach, less than 2 miles from Downtown, Wynwood & the Design District and just 6 miles from Miami International Airport. Building amenities include sunrise & sunset pools with expansive sun deck, spa with sauna, steam & massage rooms, gym + yoga studio, theater, teen lounge, children’s playroom, business center, social room with TVs & billiards tables, valet parking + 24 hr concierge. Exclusive FOB accessed elevator for this line. ONE OF THE BEST VALUES IN ALL OF MIAMI!

Features

  • Interior Hall
  • Lobby
  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Split Bedroom
  • Stacked Bedroom
  • Open Balcony
  • Bay
  • Skyline

Location

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

Estimated loan & HOA

$13,560

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

Principal & interest
$11,377
HOA
$2,183 / 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
Luxe Living 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.