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488 NE 18th Street 905, Miami, FL 33132
Under Contract
137 Days on Market
Virtual Tour
1 / 10
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$495,000

488 NE 18th Street 905

Miami, FL 33132

ARIA ON THE BAY

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$495,000
Price per sq ft
$697
Vs. nearby sales
7.6% below
Days on market
137

This 1-bedroom condo in Aria On The Bay went under contract with an asking price of $495,000, or $697 per square foot. The asking price has come down 0.8% from its original $499,000. It spent 137 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $754 per square foot, so the asking price was 7.6% below what comparable homes here actually sold for.

1
Bedrooms
2
Bathrooms
710
Living Sq Ft
2018
Year Built

Estimated monthly payment

$2,601 /mo

Principal and interest only, based on $99,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $675/mo HOA are not included.

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Listing Snapshot

Price
$495,000
Days on Site
137 Days
Bedrooms
1
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
710 sqft
Total Sq Ft
710 sqft
Year Built
2018
Property Type
Condo
MLS #
B26019927
Property Tax
$6,497 (2025)
HOA Fees
$675 / Monthly
Subdivision
ARIA ON THE BAY
County
Miami Dade
Status
Under Contract
Special Conditions
Standard

About This Property

Stunning 1BD/1BA residence at Aria on the Bay in prime Edgewater, Downtown Miami. This unique unit features, bright open layout, motorized shades and modern kitchen with premium Bosch appliances. Floor-to-ceiling windows, abundant natural light, and contemporary finishes throughout. Located directly across from Margaret Pace Park—enjoy waterfront living, jogging paths, outdoor fitness, and weekly farmers market. Walking distance to top dining including Klaw Miami and Casadonna. Full-service luxury building with resort-style amenities: pools, state-of-the-art gym, spa, yoga studio, and 24/7 concierge.

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
2018
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
1
Parking
Detached / Garage / Valet
Direction Faces
North
Lot Size (Acres)
0
Living Sq Ft
710
Total Sq Ft
710
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
6402

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Water Heater
Cooling
Central Air
Heating
Central / Individual
Flooring
Tile
Interior Features
Kitchen Island / Pantry / Tub Shower / Walk In Closets
Laundry
Laundry Closet / Washer Dryer Install Allowed
Windows
Blinds / Sliding
Main Level Bedrooms
1
Main Level Baths
1
Furnished
Unfurnished

Exterior Features

Construction
Other
Roof
Other
Pool Features
Association
View
Bay

Community & HOA

HOA Fee
$675 / Monthly
HOA Includes
Water
Association Amenities
Business Center / Clubhouse / Elevators / Fitness Center / Pool / Recreation Facilities / Security / Trash
Utilities
Electricity Available / Water Available
Pets Allowed
Cats Ok / Dogs Ok / Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / See Remarks
MLS Area
2320

Schools

Elementary School
Phillis Wheatley
Middle School
Jose De Diego
High School
Booker T. Washington

Aria On The Bay is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $499,000 to $529,800. Homes were built starting 2018. Pure Equity lists homes in Aria On The Bay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
32
Under Contract
4
Median List Price
$767,500
Median Sale Price (September)
$965,000
Median $/Sq Ft
$738
Avg Days on Market
172
View all 32 homes for sale in Aria On The Bay →
How do I schedule a tour of 488 NE 18th Street 905, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 488 NE 18th Street 905, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 488 NE 18th Street 905, Miami, FL 33132 still available?
488 NE 18th Street 905, Miami, FL 33132 is currently listed as Under Contract, and has been on the market 137 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 488 NE 18th Street 905, Miami, FL 33132?
With 20% down ($99,000) on the $495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 488 NE 18th Street 905, Miami, FL 33132 is about $2,601/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 488 NE 18th Street 905, Miami, FL 33132?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 488 NE 18th Street 905, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 488 NE 18th Street 905, Miami, FL 33132 have an HOA fee?
Yes: 488 NE 18th Street 905, Miami, FL 33132 carries an HOA fee of about $675 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 488 NE 18th Street 905, Miami, FL 33132?
488 NE 18th Street 905, Miami, FL 33132 is zoned for Phillis Wheatley (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 488 NE 18th Street 905, Miami, FL 33132?
Often, yes. The right offer on 488 NE 18th Street 905, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of PMI Best Assets

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Debra A Jalinas, PMI Best Assets

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