, MIAMI, FL, 33137
Active851 days on marketListed Mar 20, 2024MLS #A11554094
About this home
Penthouse living, redefined - this North Tower residence is a rare, trophy-level offering crafted for scale, privacy, and effortless entertaining. The 3,395 SF layout delivers a true private arrival with elevator access into a vestibule and foyer, flowing into grand living and dining spaces, a dedicated family room, and a separate office. Four bedrooms plus office and 5.5 baths are complemented by staff quarters, creating a home that lives like a private estate in the sky. A deep terrace extends the living experience for seamless indoor-outdoor moments, framed by cinematic direct ocean views over Biscayne Bay and Miami skyline water views. Incentives include a private 2-3 car temperature-controlled garage vault, one year of HOA fees paid by the developer, and flexible closing. Elevate daily life with 2 acres of exclusive world-class amenities: 3 pools, sauna, steam and massage rooms, game room, gym, children's room, conference center, putting green, tennis/basketball/pickleball courts. Perfectly positioned in the most coveted location of Edgewater’s cultural crossroads - walk the waterfront to the opera, ballet, theater, museums, concerts, parks, games and more. Minutes from: Wynwood (2), Midtown (3), Design District (4), Downtown & Brickell (5), Miami Beach (6). Walk to Whole Foods or 2 min to Trader Joe’s.
Facts & features
The home at a glance
4
Bedrooms
5.5
Bathrooms
2,850
Sqft
2
Garage
2026
Year built
$1,471
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$26,937 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$30,781/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Aria Reserve Miami
$1,471 vs $1,262
Days on market
851 vs 26 typical
Where $1,471/sqft sits among the 6 homes for sale in Aria Reserve Miami
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$495K → $560K
Miami median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
0 of 6
Aria Reserve Miami have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 792% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$2,450,000
700 NE 24th Street # 2301, Miami FL 33137 · same community
4 bd · 5.5 ba · 2,686 sqft · $912/sqft · 202 DOM
Sold · Feb ’26$2,475,000
700 NE 24th St # 2101, Miami FL 33137 · same community
4 bd · 5.5 ba · 2,686 sqft · $921/sqft · 182 DOM
Sold · Mar ’26$2,575,000
700 NE 24th Street # 2501, Miami FL 33137 · same community
4 bd · 5.5 ba · 2,686 sqft · $959/sqft · 185 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $26,937/mo — principal and interest, estimated property taxes, the $2,580/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at ?+
The association fee works out to $2,580 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on ?+
The most recent tax bill on record (2022) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at ?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $4,192,900, this home is listed about 739% above the Miami median of $500,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$4,192,900 runs 792% above the MIAMI 33137 median — but at 2,850 sqft it's also nearly 2 times the size of the typical Miami listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $2,580/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
851 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $4,912,900, now $4,192,900 — a $720K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Parsiani Real Estate · John Parsiani. MLS #A11554094.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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