488 NE 18th Street 4711, Miami, FL 33132 — MLS photo

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488 NE 18th Street 4711, Miami, FL 33132

Active · Condominium

$1,199,000

488 NE 18th Street 4711, Miami, FL 33132

Beds
2
Baths
3
Living area
1,161 sq ft
$ / sq ft
$1,033/sq ft
Year built
2018
Lot size
—
HOA fee
$1,230 Monthly
Annual tax
$15,156

About this property

Live your Luxury in Sunny South Florida on the 47th Floor with your Personal Oasis in the Sky. An Amazing Opportunity Awaits with a Lovely Presentation of Modernistic Eloquence Featuring 2 Bedrooms / 3 Full Baths accompanied with a Den. Upon Arrival by Private Elevator to your Private Foyer you'll notice an Elegant yet Natural Ambiance with Views of Biscayne Bay stretching to Miami Beach. Needless to say the unit Boasts Numerous Upgrades. Take a Moment to Bask Outdoors on a Generously Sized Balcony. Nestled within Aria on the Bay come Luxuriate in the Highly Desirable 5 Star Resort Style Amenities offered at your footsteps. Capitalize on the Opportune Moment to be Delightfully located within the Heart of Miami's Arts and Entertainment District.

Property location

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488 NE 18th Street 4711, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,161 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Entrance Foyer, High Ceilings, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
51
Construction
Block
Pool
None, Association, Community
Spa
Community
View
Bay, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Garage, One Space

HOA, Community & Financials

Association fee
$1,230 Monthly
Amenities
Bike Storage, Business Center, Controlled Access, Elevators, Fitness Center, Management, Pool, Spa Hot Tub, Trash
Security
Key Card Entry, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$15,156
Subdivision
ARIA ON THE BAY CONDO
County
Miami-Dade
Days on market
449
MLS listing ID
R11099867
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

-$4,028

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
5.4%
Mortgage payment
$5,684/mo
Down payment
$299,750
Loan amount
$899,250
Annual NOI
$19,871

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