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$740,000

488 18th St #1601, Miami, FL 33132

Bedrooms
2
Baths
3
Living area
1,171 ft²
Price per ft²
$632 / ft²
Type
Condo
Year built
2018
HOA
$1,258 / mo HOA
On market
10 days on market
MLS #
A12102303

Beautiful corner residence at Aria on the Bay in Miami’s sought-after Edgewater neighborhood. This spacious 2-bedroom, 2.5-bath home features a desirable corner layout, floor-to-ceiling windows, abundant natural light, and stunning west views overlooking the Miami skyline and spectacular sunsets. The open-concept living spaces create a bright and inviting atmosphere, complemented by generous bedrooms and exceptional privacy. Aria on the Bay offers resort-style amenities, including two pools, fitness center, spa, club room, and 24-hour security. Ideally located in Edgewater, just minutes from Downtown Miami, Brickell, Miami Beach, restaurants, shopping, and entertainment.

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 $632. The median for recorded sales in the same ZIP codes is $838/ft² — putting it 25% below the median.
  • Position in the area’s price distributionThe asking price is $740,000; the median of recorded sales in the area is $525,000 (1,796 sales). On raw price that is 41% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,258 per month comes to $15,096 a year — 2.0% 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%$222,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,587
Loan amount
$518,000
Total interest over the term
$773,150
Total repaid
$1,291,150

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

Fortune Christie's International Real Estate

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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