488 NE 18th St # 3715, Miami FL 33132, MIAMI, FL, 33132
Active115 days on marketListed Apr 21, 2026MLS #A12005135
About this home
488 NE 18th St # 3715, Miami FL 33132
Welcome to the Residence 3715 at Aria On The Bay, a highly sought-after line 15 on a high floor with sweeping direct bay views. Two private elevators, private foyer, panoramic floor-to-ceiling glass in all rooms with direct access to the wraparound balcony. Porcelain flooring, Italkraft kitchens, Bosch appliance package with Chef’s ovens, oversized island, Quartz counters with custom built pantry/storage. Primary suite with spa-like bath, standalone Roman tub, shower, double-sinks. Spacious rooms with walk-in closets, in-unit laundry room, open-space den with 4th full bathroom. Two-car parking tandem space. Luxury building featuring: sunrise & sunset heated pools, hot tub, showers, BBQ areas, spa w/ infrared sauna, steam room, fitness center, movie theater, resident lounge, and more.
Facts & features
The home at a glance
3
Bedrooms
4
Bathrooms
2,018
Sqft
2
Garage
2018
Year built
$1,152
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.
$15,777 /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
$17,909/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.
vs edgeAI estimate
+42.4%
$/sqft vs Miami actives
$1,152 vs $511
Days on market
115 vs 66 typical
Where $1,152/sqft sits among the 400 Miami actives
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
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 467% above the MIAMI 33132 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 488 NE 18th St # 3715
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$510,000
488 NE 18th St # 4605, Miami FL 33132 · same community
1 bd · 1.5 ba · 743 sqft · $686/sqft · 22 DOM
Sold · Jun ’26$1,020,000
50 Biscayne Blvd # 3702, Miami FL 33132
3 bd · 2 ba · 1,789 sqft · $570/sqft · 123 DOM
Sold · Feb ’26$1,030,000
50 Biscayne Blvd # 3102, Miami FL 33132
3 bd · 2 ba · 1,789 sqft · $576/sqft · 7 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
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 488 NE 18th St # 3715 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 488 NE 18th St # 3715 — before you fall in love.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
488 NE 18th St # 3715 FAQs
What would the monthly payment be for 488 NE 18th St # 3715, Miami FL 33132?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,777/mo — principal and interest, estimated property taxes, the $2,200/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 488 NE 18th St # 3715, Miami FL 33132?+
The association fee works out to $2,200 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 488 NE 18th St # 3715, Miami FL 33132?+
The most recent tax bill on record (2025) 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 488 NE 18th St # 3715, Miami FL 33132?+
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 $2,325,000, this home is listed about 281% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 488 NE 18th St # 3715, Miami FL 33132?+
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
Four things that matter here
01Positioned at the premium end
$2,325,000 runs 467% above the MIAMI 33132 median — but at 2,018 sqft it's also 67% larger than 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 $2,200/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $2,375,000, now $2,325,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Fortune International Realty · Goritza Draskovich PA. MLS #A12005135.
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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