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Waterfront · Condominium
$4,400,000$1,676 / sqft
700 NE 24th St # 5903, Miami FL 33137
Listed
4
Bedrooms
6
Bathrooms
2,625 sqft
Interior
2025
Year built
$2,383 / mo
HOA
Condominium
Type
About this home
A rare opportunity to own the Miami skyline. Welcome to Penthouse 5903 at Aria Reserve, a brand-new, never-lived-in 59th-floor residence soaring above Biscayne Bay with breathtaking panoramic views of the bay, Atlantic Ocean and Miami skyline. This spectacular 4-bedroom, 5.5-bath residence offers 2,895 SF of sophisticated interiors, dramatic floor-to-ceiling glass, 11-foot ceilings and expansive terraces designed for seamless indoor-outdoor living. Private elevator entry opens to a light-filled home featuring a sleek chef’s kitchen with custom cabinetry and integrated appliances, beautifully appointed living spaces and a serene primary suite with spa-inspired bath, oversized shower and custom closets. Complete with a staff suite and three parking spaces, this is elevated Miami living at its finest. Aria Reserve delivers an extraordinary waterfront lifestyle with resort-style pools, world-class fitness and wellness amenities, waterfront dining, baywalk, private watersports access and white-glove service. Perched high above the city in one of Miami’s most striking waterfront towers, PH5903 is more than a residence—it is a front-row seat to Miami.
Features
- Built-in Features
- Cooking Island
- Elevator
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
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 4-bed rentals across Miami-Dade, from 123 active listings; the middle half ask $14,000–$34,000.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.