488 NE 18th St 4905, Miami, FL 33132 — MLS photo

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488 NE 18th St 4905, Miami, FL 33132

Active · Condominium

$1,049,000

488 NE 18th St 4905, Miami, FL 33132

Beds
2
Baths
3
Living area
1,228 sq ft
$ / sq ft
$854/sq ft
Year built
2018
Lot size
—
HOA fee
$1,254
Annual tax
—

About this property

Spectacular 2 bed 3 full bath at Aria On The Bay. Amazing views of the bay and the city. Balcony is very large great for entertaining! This building has superb amenities, very central located - close to Key Biscayne, 5 minutes to SoBe, Brickell, downtown, Wynwood, Design District. Unit comes with 1 parking space on a very low floor!! Furnished one of the few units in the building with unobstructed views.

Property location

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488 NE 18th St 4905, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,228 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,254
County
Miami-Dade
MLS listing ID
A11786127
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

-$3,914

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
5.8%
Mortgage payment
$4,973/mo
Down payment
$262,250
Loan amount
$786,750
Annual NOI
$12,704

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