Home » Miami » Aria on the Bay at 488 18th Street Miami » 488 NE 18th St PH15 Miami FL 33132 | A11349782

488 NE 18th St PH15 Miami FL 33132 | Sold

$7,980,000
closed for a price of $7,500,000

Property Highlights

Listing ID A11349782 Status of this Listing: Closed Sold Property Type Residential Condominium 5 Bedrooms 7 Bathrooms Total 6 Full Bath 1 Half Bath Living Space 4,796 Sqft/445.56 m2 approx. Building Area 7,798 Sqft/724.46 m2 approx. COMMUNITY POOL Year Built 2018 Waterfront Seller considers Owner Financing Seller considers Cryptocurrency Has view of the Ocean Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 329 Days
82 Photos of this Property

488 NE 18th St PH15 Miami FL 33132

Property Description: This incredible Mansion In The Sky offers nearly 8,000 total sf with its own private rooftop! Seller Financing Is Available. Two private elevators take you all the way up to your immaculate Penthouse in the Heart of Miami. Step into your private foyer & discover the double doors opening up to your 3-story mansion with 5-bedrooms, 6.5 bathrooms + Den + Staff Quarters & over 3,000 SF of outdoor space on your private roof-top terrace, summer kitchen & Jacuzzi-pool to enjoy everyday. This spacious Penthouse is ready for you to create your own paradise in Miami 's vibrant Arts & Entertainment District. All in the heart of the city, just minutes from the best that Miami has to offer: Design District, Midtown, Wynwood, Brickell, Miami Beach, Miami Opera, Theater, Arena and Art & Science Museums.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$7,998,000
Original List Price:$7,998,000
Close Price:$7,500,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Aria on the Bay at 488 18th Street Miami

Measures

Living Area Source:
  • Builder

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
  • Penthouse
Entry Level (floor):53
Entry Level Location:53
Construction Materials:
  • Block
Flooring:
  • Marble
  • Ceramic Tile
Number of stories:53

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Intracoastal Access
  • Bay Front
  • No Fixed Bridges
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Living/dining Room
  • Dining Area
  • Separate/formal Dining Room
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Entrance Foyer
  • Bar
  • Custom Mirrors
  • Convertible Bedroom
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Porch
Patio and Porch Features:
  • Wrap Around
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Laundry Tub
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$79,709

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$4,512
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Cryptocurrency
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:ARIA ON THE BAY
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Internet
  • Hot Water
  • Amenities
Complex Name:ARIA ON THE BAY
Senior Community:No
Development Name:Aria On The Bay
Restrictions: See Remarks

Parking

Garage:Yes
Garage Spaces:4
Covered Spaces:4
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Covered
  • Assigned

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Bay,Ocean View,Direct Ocean
Housing Older Persons Act: No HOPA
Water Access: Community Boat Dock,Dock Available,Unrestricted Salt Water Access
Boat Services: Beach Access,Community Marina,Dock Available
Unit Design: Corner Unit,High Rise,Penthouse
Type of Association: Condo,Homeowners
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Flood Zone : AE
Homeowner's Association Application Fee: 180
Rooms Description: Den/Library/Office,Family Room,Great Room,Maid/In-Law Quarters,Media Room,Storage Room,Utility Room/Laundry
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 1
Subdivision Number: 76
Minimum Number of Days for Lease: 180
Number of times allowed to lease per year: 2
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:ARIA ON THE BAY CONDO UNIT PH15 UNDIV 0.572% INT IN COMMON ELEMENTS OFF REC 29469-3919
Real Estate Folio Number (Parcel Number):01-32-31-076-6430
Public Survey Township:1
Public Survey Range:32
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:March 1, 2023 9:31 am
On Market Date:March 1, 2023
Close Date:January 24, 2024
Price Change Date Time:November 13, 2023 12:54 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:January 24, 2024 5:40 pm
Status Last Changed:January 24, 2024 5:40 pm
Photos Last Modified:December 22, 2023 3:17 pm
Last Modified:January 24, 2024 10:40 pm
Days on the Market (updated on Last Modified*):300
Cumulative Days on the Market (updated on Last Modified**):714

Additional Information

Unit Location:Corner Unit,High Rise,Penthouse
Number of Photos Count:82
Area:32
Ref ID:1033827231
Courtesy of:Parsiani Real Estate
Universal Property Id:US-12086-N-0132310766430-R-N

Location

Show Property Address:Yes
Street Name:18th St
Street Number:488
Street Direction Prefix:NE
Street Address:488 NE 18th St PH15
Unit Number:PH15
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade County
Full Address:488 NE 18th St PH15 Miami FL 33132
Latitude:N25° 47' 36.6''
Longitude:W81° 48' 47.9''

Neighborhood

Postal City:Miami

Property Map

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