NOT LISTED FOR SALE

Aria on the Bay 488 NE 18th St Unit PH04 Miami, FL 33132

Edgewater Neighborhood

Estimated Value: $969,239 - $1,204,000

2 Beds
3 Baths
1,229 Sq Ft
2018 Built

Last Sold December 31, 2024

Last sale price $1,100,000 $895 Per Sq Ft

Current estimated payment $7,149/month

322 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Two Primary Bathrooms
  • Sauna
  • Fitness Center
  • Clubhouse
  • 1-minute walk to Margaret Pace Park

About This Home

As of December 2024

This is a must see! One of the few penthouse in the building with gorgeous bay and city view. Located in the very desirable neighborhood of edgewater in the heart of Miami and a few block from design district, near restaurants and shop and a min drive to brickell and miami airport. This luxury apartment has 2 master bedrooms with additional full bathroom. Quartz counters and stainless steel appliances in kitchen. More than $150K in upgrades makes this apartment unique. Five star resort style amenities include BBQ area, Spa/Sauna, Business Center, fitness center, yoga and pilates studio, kids playground, movie theater, sunset to sunrise heated pools and more.

Last Agent to Sell the Property

Leonor Garcia Del Valle

Real Time Finders, LLC License #3386404 Listed on: 02/12/2024

Last Buyer's Agent

Mila Mineeva

Wisewill Real Estate, LLC. License #3601680

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,300

Year Built

  • Built in 2018

Parking

  • 1 Car Garage

Home Design

  • Entry on the 51st floor

Interior Spaces

  • 1,229 Sq Ft Home
  • Ceiling Fan
  • Leased Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Home Security

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-31-076-2390

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Aria On The Bay Condos
  • Aria On The Bay Subdivision
  • 51-Story Property

Amenities

  • Community Barbecue Grill
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $890

Security

  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,300

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 51
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARIA ON THE BAY
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer/Dryer Leased
  • Interior Amenities: Closet Cabinetry, Elevator
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1229
  • Possible Use: Primary
  • Stories: 51
  • Window Features: Complete Impact Glass
  • Bedroom Features: Other
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Bay
  • Construction Type: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ARIA ON THE BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure

Condo/Co-op/Association

  • Amenities: Barbecue, Billiard Room, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-31-076-2390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12300

Multi Family

  • Maintenance Expense: 890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Dec 31, 2024
Sold by
51 Floor Corporation
Bought by
Stephen E Pomeroy Family Trust and Pomeroy
Seller's Agent
Leonor Garcia Del Valle
Real Time Finders, LLC
Buyer's Agent
Mila Mineeva
Wisewill Real Estate, LLC.
List Price
$1,215,000
Sold Price
$1,100,000
Premium/Discount to List
-$115,000
-9.47%
Views
29
Current Estimated Value
$1,095,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,190
Avg. Annual Appreciation
-0.41%
Original Mortgage
$880,000
Outstanding Balance
$873,889
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$221,921

Purchase Details

Closed on
Apr 25, 2023
Sold by
Dominguez Mauricio Ricardo Zamora and Dominguez Luz
Bought by
51 Floor Corporation

Purchase Details

Closed on
Jun 12, 2018
Sold by
Bayshore Plaza I Llc
Bought by
Dominguez Mauricio Ricardo Zamora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephen E Pomeroy Family Trust $1,100,000 Pro Title Insurance Agency Llc
Stephen E Pomeroy Family Trust $1,100,000 Pro Title Insurance Agency Llc
Stephen E Pomeroy Family Trust $1,100,000 Pro Title Insurance Agency Llc
51 Floor Corporation -- None Listed On Document
Dominguez Mauricio Ricardo Zamo -- None Listed On Document
Dominguez Mauricio Ricardo Zamora $835,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen E Pomeroy Family Trust $880,000
Closed Stephen E Pomeroy Family Trust $880,000
Previous Owner Dominguez Mauricio Ricardo Zamora $334,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $1,100,000 -9.5% $895 / Sq Ft
02/12/2024 02/12/24 For Sale $1,215,000 -- $989 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,603 $828,792 -- --
2024 $14,792 $828,792 -- --
2023 $14,792 $696,458 $0 $0
2022 $13,095 $633,144 $0 $0
2021 $12,270 $575,586 $0 $0
2020 $12,383 $581,400 $0 $0
2019 $13,064 $612,000 $0 $0
2018 $310 $14,806 $0 $0
2017 $314 $14,806 $0 $0
2016 $323 $14,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Leonor Garcia Del Valle

    Real Time Finders, LLC

    (305) 420-6543

    1 in this area

    3 Total Sales

    Leonor Garcia Del Valle
    Section Image

  • M

    Buyer's Agent in 2024

    Mila Mineeva

    Wisewill Real Estate, LLC.

    (424) 438-9577

    1 in this area

    5 Total Sales

    Mila Mineeva
    Section Image
See All Agents

About Aria on the Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11531570

MIAMI REALTORS® MLS

APN: 01-3231-076-2390

Florida Miami/Dade County Miami 33132 Edgewater

488 NE 18th St Unit PH04, Miami, FL

Not Listed for Sale

Condos

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