488 NE 18th St #15, Miami, FL 33132
SOLDJAN 24, 2024

488 NE 18th St #15
Miami, FL 33132

Wynwood - Edgewater
  • 5 Beds
  • 7 Baths
  • 4,796 sqft
  • 5 Beds
  • 7 Baths
  • 4,796 sqft

$7,500,000

Last Sold: Jan 24, 2024
6% below list $7.98M
$1,564/sqft
Est. Refi. Payment $45,114/mo*

Homes for Sale Near 488 NE 18th St #15

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from January 24, 2024
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.

Home Highlights

Parking
4 Car Garage
Outdoor
Yes
View
Bay, Ocean, Direct Ocean
HOA
$4,512/Monthly
Price/Sqft
$1,564/sqft
Listed
180+ days ago

Home Details for 488 NE 18th St #15

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 7Number of Bathrooms (full): 6Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4796 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: Sink,Utility Room/LaundryMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Association
Windows, Doors, Floors & Walls
Window: Blinds, Impact GlassDoor: High Impact DoorsFlooring: Ceramic Tile, MarbleCommon Walls: Corner Unit
Levels, Entrance, & Accessibility
Number of Stories: 53Entry Location: FoyerFloors: Ceramic Tile, Marble
View
Has a ViewView: Bay, Ocean, Direct Ocean
Security
Security: Smoke Detector(s), Doorman, Elevator Secure, Guard At Site

Exterior Features

Exterior Home Features
Patio / Porch: Wrap AroundExterior: BarbecueNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageHas an Attached GarageParking Spaces: 4Parking: 2 Or More Spaces,Assigned,Covered
Pool
Pool: Association
Frontage
WaterfrontWaterfront: Intracoastal Front, No Fixed Bridges, Ocean AccessFrontage Type: Bay/HarborOn Waterfront
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: Condo 5+ Stories, Condo, High Rise, PenthouseArchitecture: Condo 5+ Stories,Condo,High Rise,Penthouse
Building
Building Name: Aria On The BayConstruction Materials: CBS ConstructionNot a New ConstructionAttached To Another Structure
Property Information
Usage of Home: PrimaryParcel Number: 0132310766430

Price & Status

Price
List Price: $7,980,000Price Per Sqft: $1,564/sqft
Status Change & Dates
Off Market Date: Wed Jan 24 2024Possession Timing: Funding

Active Status

MLS Status: Closed

Media

See Virtual Tour: Miamipalaces.com

Location

Direction & Address
City: MiamiCommunity: Aria On The Bay, Aria On The Bay

Building

Building Area
Building Area: 7798 Square Feet

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $4,512/Monthly

Offer

Contingencies: Pending InspectionsListing Terms: All Cash, Conventional, Cryptocurrency, Owner Will Carry

Compensation

Buyer Agency Commission: 3%Buyer Agency Commission Type: %Sub Agency Commission: 3%Sub Agency Commission Type: %Transaction Broker Commission: 3%Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: All Amenities, Cable Tv, Common Area Maintenance, Elevator, Hot Water, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Outside Maintenance, Parking, Pool Service, Security, Trash Removal, Water

Miscellaneous

Mls Number: A11349782Water ViewWater View: Bay, Ocean, Direct Ocean

Additional Information

HOA Amenities: Airport/Runway,Billiard Room,Barbecue,Business Center,Clubhouse-Clubroom,Elevator(s),Fitness Center,Heated Pool,Child Play Area,Sauna
Last check for updates: about 15 hours ago
Listed by Farrah Zarghami, (305) 945-7900
Parsiani Real Estate
John Parsiani, (305) 788-7550
Parsiani Real Estate
Bought with: Heather McCabe, (305) 213-5313, Beachfront Realty Inc
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11349782

Price History for 488 NE 18th St #15

DatePriceEventSource
01/24/2024$7,500,000Sold
MIAMI #A11349782
12/26/2023$7,980,000ContingentMIAMI #A11349782
11/13/2023$7,980,000PriceChange
MIAMI #A11349782
03/01/2023$7,998,000Listed For SaleMIAMI #A11349782
03/01/2023ListingRemovedMIAMI #A11294071
11/09/2022$8,500,000Listed For SaleMIAMI #A11294071
09/14/2022ListingRemovedMIAMI #A11132557
03/13/2022$8,500,000Listed For SaleMIAMI #A11132557
12/04/2021ListingRemovedMIAMI #A11022369
04/26/2021$10,000,000PriceChange
MIAMI #A11022369
04/25/2021$9,999,999PendingToActiveMIAMI #A11022369
04/14/2021$7,000,000ContingentMIAMI #A11022369
04/03/2021$7,000,000Listed For SaleMIAMI #A11022369
09/09/2020$5,900,000ListingRemovedAgent Provided
08/02/2020$5,900,000PriceChange
Agent Provided
03/13/2020$5,950,000Listed For SaleAgent Provided
06/26/2018$4,600,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$88,725
Assessment$4,446,500
Home facts updated by county records

Comparable Sales for 488 NE 18th St #15

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.39
Condo
$5,500,000
06/05/23
4
5
3,490
0.68
Condo
$7,450,000
03/14/24
4
6
4,600
0.68
Condo
$7,250,000
03/15/24
4
6
4,600
0.68
Condo
$7,150,000
03/08/24
4
6
4,635
0.68
Condo
$7,000,000
02/12/24
4
6
4,600
0.68
Condo
$7,500,000
04/27/23
4
5
4,755
0.60
Condo
$5,600,000
12/12/23
4
6
3,796
0.00
Condo
$2,300,000
11/22/23
3
4
2,018
0.51
Condo
$4,500,000
04/09/24
4
5
6,291

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wynwood - Edgewater

  • Trulia User
    "The fact that it’s close to everything and you’re in the tech scene. For me it’s a big factor. But i prefer brickell better "
    5
    Flag
  • Trulia User
    "It’s not normal to see loose/free walking dogs in the area it tends to scare the kids and some adults as well so when walking it is best to have dog leash "
    0
    Flag
  • Trulia User
    "Very artsy and a lot of places to go to at night. Many activities for adults. Not for kids though……."
    4
    Flag
  • Trulia User
    "I love this places where we had to play Jungfrau all day long every week all year around please say my life"
    1
    Flag
  • Trulia User
    "Beautiful and safe! Great parks and waterviews! The best area to live near wyneood for great restaurants and family events."
    3
    Flag
  • Trulia User
    "Groceries, bakeries, nightlife, beaches and in the middle of both the art district and design district. Best new neighborhood in Miami. "
    0
    Flag
  • Trulia User
    "My commute is great, Edgewater is central to highways, downtown, brickell, beaches and wynwood you’ve got access to all the restaurants, shops and activities "
    0
    Flag
  • Trulia User
    "Lots of parks, museums and great schools in walking distance to everything. Nice big front yards and always see neighbors having get togethers. "
    0
    Flag
  • Maria E. C. .
    "Needs help in maintaining the area clean. Sidewalks are dirty and cracked. No pedestrian cross walk available. No traffic stops from 29st street and 2nd Ave to 21st street and 2nd Ave, cars speed all the time and cause accidents on weekly basis. Not walkable due to this. Dog owners do not pick up after their needs. Overall - neighbor needs some TLC. "
    6
    Flag
  • Valerie D.
    "I’ve lived here for 1 year and it’s nice and quiet. No nightlife in Edgewood so it’s good for families and ppl who aren’t that social."
    14
    Flag
  • Pvfancy
    "I think if you live near Margaret pace park it’s awesome for children and Ed water is pretty safe and awesome "
    1
    Flag
  • Vivi N. T.
    "Not gonna lie.. there is traffic in the mornings and afternoons usually work hours. The rest of the day is nice"
    1
    Flag
  • Nadezhda G.
    "There are dog parks, with gates but they are right next to the kids parks and sometimes it’s uncomfortable for both parties. Dog owners. PLEASE PICK UP! "
    1
    Flag
  • Andresepulveda
    "Walking distance to Farmers market, bakeries, florists, restaurants, grocery, shopping, malls, theatre, beach, parks more"
    2
    Flag
  • Biggeorge700
    "Eclectic, nightly, safe, accessibility, views, walkable, a bit quiet, elegant, unique, fashionable, electric, buildings, etc. all these positive positive attributes and more makes the place enjoyably livable"
    12
    Flag
  • Andresepulveda
    "Amazing water views and great luxury shopping and groceries just steps away. Very safe and newest, best place to live in Miami now. Tons of new luxury construction as its the hottest location in Miami to live right now."
    1
    Flag
  • Enrique R.
    "Good central location with quick access to highways in all directions East to Miami Beach, North to Fort Lauderdale, South to Coral Gables, and West to the airport. "
    0
    Flag
  • Drbakshi58
    "I have lived here for a year. The building i live in - aria on the bay - is great. Would highly recomend it "
    7
    Flag
  • Chelsea S.
    "None. It is a pretty insular, partially gentrified neighborhood with no sense of community. It’s a more “keep to yourself” vibe. "
    0
    Flag
  • Antonio C.
    "Easy access to good shopping, dining, entertainment, and water sport activity. Also close access to museums and parks."
    0
    Flag
  • Pnznk
    "I been in this area for 6 years and I love it ! I feel safe to walk if needed. Lot of restaurants and bars are near by. I definitely will stick to this area "
    5
    Flag
  • Diana O.
    "Is fun and is convenient for me. I am between my work and also to a lot of comercial places. Restaurants. Stores. Hospitals. School. Beach. I have been living in the area for 6 years. "
    3
    Flag
  • Simone G.
    "I don’t use public transportation. I drive and traffic is different everyday but usually not too congested in this area. "
    0
    Flag
  • Kimberlycozzens
    "Choose another area if you have a family. It’s dirty and lots of concrete and crazy drivers no warmth in people. Very transient "
    0
    Flag
  • Andresepulveda
    "Lots of dining, entertainment, shopping, parks and beaches with great water views. Clean new buildings with fresh ocean breezes. Kids can roam safely and ride bikes in the streets. Great safe place to live. "
    0
    Flag
  • Luis M.
    "Everything is close, there’s a lot of activities to do, nice people and the place is being redesigned to be more modern"
    0
    Flag
  • Phil.f.villard
    "Living in from of Margaret pace park is amazing! It’s like having a giant backyard. And the location is also great "
    1
    Flag
  • Andreina M.
    "We have close nice restaurants and places for fun. Is closer to the beach, and if you dont have a car the public transportation worjs very good "
    0
    Flag
  • Luis M.
    "It have parks and great spaces but maybe is not the best zone to grow up, there’s all kind of crazy people on the street."
    1
    Flag
  • Jonathan C.
    "Very modern, trendy, and conveniently located. Plenty to see and do. Great for singles or young couples. "
    0
    Flag
  • Orestes
    "tons of dogs in the neighborhood, and they get to play with each other. some people dont pick up after their dogs but i believe is the minority. parks are nearby too."
    0
    Flag
  • Condebosch
    "Wish there were more parks nearby and bike lanes. People drive fast in area. The area still has a lot to do to become as upscale as it wants to be. "
    0
    Flag
  • Jaleih Q.
    "Your kids are safe for the most part, but parental supervision is always important! The area is close to design district which is nice as well, yet at night can encounter dodgy people."
    1
    Flag
  • Anibalrolon2514
    "People walking their dogs, baby carriages, joggers, people doing yoga, exercising and children playground....its fun neighborhood for sure "
    1
    Flag
  • Anibalrolon2514
    "Yes. Have a dog run and lots of dogs in neighborhood. Lots of walking anytime of the day. Pet friendly for sure"
    2
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 488 NE 18th St #15

Off Market Homes Near 488 NE 18th St #15

488 NE 18th St #15, Miami, FL 33132 is a 5 bedroom, 7 bathroom, 4,796 sqft condo built in 2018. 488 NE 18th St #15 is located in Wynwood - Edgewater, Miami. This property is not currently available for sale. 488 NE 18th St #15 was last sold on Jan 24, 2024 for $7,500,000 (6% lower than the asking price of $7,980,000). The current Trulia Estimate for 488 NE 18th St #15 is $7,641,300.