488 NE 18th St 501, Miami, FL 33132 — MLS photo

Get More Info About This Property

488 NE 18th St 501, Miami, FL 33132

Active · Condominium

$635,000

488 NE 18th St 501, Miami, FL 33132

Beds
2
Baths
3
Living area
1,031 sq ft
$ / sq ft
$616/sq ft
Year built
2018
Lot size
—
HOA fee
$1,096
Annual tax
—

About this property

2/2.5 condo in one of the best locations in Miami, Edgewater. Italian wood cabinets, white quartz counter-tops, white title floor and bosh appliances. Aria on the bay amenities include gym, yoga studio, private spa and massage treatment area. Also includes, business center with conference room and offices, BBQ with summer kitchen, outdoor fire pit, theater room, pool tables, great room with social areas and high speed internet. Concierge services and valet parking. Walking distance of restaurants (pura vida downstairs), Publix, etc.

Property location

Get Directions

488 NE 18th St 501, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,031 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,096
County
Miami-Dade
MLS listing ID
A11811214
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

-$2,240

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
6.8%
Mortgage payment
$3,010/mo
Down payment
$158,750
Loan amount
$476,250
Annual NOI
$9,240

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