$999,999

488 18th St #4805, Miami, FL 33132

Bedrooms
2
Baths
3
Living area
1,228 ft²
Price per ft²
$814 / ft²
Type
Condo
Year built
2018
HOA
$1,254 / mo HOA
On market
2 days on market
MLS #
A12094345

Enjoy expansive open bay views from the 48th floor at Aria on the Bay. This spacious 2-bedroom, 3-bath residence is ideally situated in the heart of Edgewater and offers 1,228 SF of interior living space plus a deep balcony. The unit features 9-foot ceilings with floor-to-ceiling windows, porcelain flooring throughout, custom built-in closets, white quartz countertops, Italian wood cabinetry, and Bosch stainless steel kitchen appliances. Aria on the Bay offers a comprehensive variety of amenities, including multiple pools, a hot tub overlooking Biscayne Bay, a movie theater, fitness center and yoga studio, spa and massage treatment areas, BBQ area with summer kitchen, children’s playroom, and a business center with conference rooms and offices. Conveniently located approximately 10 minutes from South Beach, 12 minutes from Brickell & 15 mins from the airport.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $814. The median for recorded sales in the same ZIP codes is $842/ft² — putting it 3% below the median.
  • Position in the area’s price distributionThe asking price is $999,999; the median of recorded sales in the area is $525,000 (1,777 sales). On raw price that is 90% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,254 per month comes to $15,048 a year — 1.5% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33128, 33131, 33132 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$300,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$4,634
Loan amount
$699,999
Total interest over the term
$968,108
Total repaid
$1,668,107

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Douglas Elliman

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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