Cays Realty
488 NE 18th St 215, Miami, FL 33132 — MLS photo

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488 NE 18th St 215, Miami, FL 33132

Active · Condominium

$1,650,000

488 NE 18th St 215, Miami, FL 33132

Beds
3
Baths
4
Living area
2,018 sq ft
$ / sq ft
$818/sq ft
Year built
2018
Lot size
—
HOA fee
$2,239 Monthly
Annual tax
$22,772

About this property

Beautiful 3 Bedroom 4 Bath apartment in with expansive private terrace. Over 2018 feet under air! Floor to ceiling glass windows with direct water and park views, situated on the waterfront lot in the heart of the art and entertainment district in Edgewater, Miami's most talked about neighborhood. One assigned parking space, additional space available for purchase.

Property location

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488 NE 18th St 215, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,018 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Entrance Foyer, Kitchen Island, Bar

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
53
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Barbecue, Courtyard, Deck, Security High Impact Doors, Patio, Privacy Wall
Pool
Association, Heated
Waterfront
Bayfront, Ocean Front
View
Garden, Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Valet

HOA, Community & Financials

Association fee
$2,239 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pools, Sewer, Security, Trash, Water
Amenities
Business Center, Cabana, Community Kitchen, Fitness Center, Library, Barbecue, Other, Picnic Area, Playground, Pool, Elevators
Security
Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Lobby Secured, Other, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$22,772
Subdivision
ARIA ON THE BAY CONDO
County
Miami-Dade
Days on market
388
MLS listing ID
A11786108
Listing status
Active

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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

-$5,568

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.5%
Gross yield
5.9%
Mortgage payment
$7,822/mo
Down payment
$412,500
Loan amount
$1,237,500
Annual NOI
$27,046

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