488 NE 18th St 2705, Miami, FL 33132 — MLS photo

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488 NE 18th St 2705, Miami, FL 33132

Active · Condominium

$548,000

488 NE 18th St 2705, Miami, FL 33132

Beds
1
Baths
2
Living area
743 sq ft
$ / sq ft
$738/sq ft
Year built
2018
Lot size
—
HOA fee
—
Annual tax
—

About this property

Very beautiful apartment in luxury building Aria On The Bay. Unit is located on the 27th floor, has a bedroom, a bathroom and a half bathroom with an excellent distribution of the spaces and also a large balcony with spectacular views of the bay and the city. Sunrise and sunset views.Beautiful kitchen and contemporary flooring.Custom made closets. Common areas with an amazing design, infinity pools, Gym, conference rooms, pool tables, party room, children's games room, valet parking, located near downtown, Biscayne Blvd, museums, restaurants, design stores and others.1 assigned parking space included. The apartment is in pristine conditions.

Property location

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488 NE 18th St 2705, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
743 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11711847
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,226

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.6%
Gross yield
6.2%
Mortgage payment
$2,598/mo
Down payment
$137,000
Loan amount
$411,000
Annual NOI
$16,467

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.