Miami Art Week 2026Upcoming
10 exhibitions within 1 mile
Art Week Score 64 · #3 in Edgewater
#3 in Edgewater · #61 in Miami
Nearest: CONTEXT Art Miami, 0.3 mi away
For sale
27
6 pending · 10.5 mo supply
Median asking
$945K
from $450K
Median $/sqft
$739/sqft
$684/sqft sold, 12 mo
Days on market
103
78 to sell · 31 in 12 mo
Located in the vibrant Edgewater neighborhood, Aria on the Bay is a premier waterfront tower situated directly across from Margaret Pace Park. The building offers a resort-style lifestyle with extensive amenities spread across three levels, including dual sunrise and sunset pools, a spa with sauna and steam rooms, and a state-of-the-art fitness center and yoga studio.
The building features a wide range of community spaces including a theater, business center, library, and dedicated areas for children and teens. Residents have access to a variety of recreational facilities such as a social room, game rooms, and outdoor BBQ areas. The property is positioned to provide easy access to the waterfront, nearby parks, and the surrounding urban districts of Wynwood, the Design District, and Brickell.
Live near more of Miami
What surrounds Aria on the Bay: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
83 / 100
Nearest Publix: Publix at Publix at 18Biscayne Shopping Center, 0.2 mi
#4 in Edgewater · #29 in Miami
Close enough to hear the BOGO announcements.
2 Publix stores nearby
Car-Free IndexLive now
68 / 100
Nearest rail station: Adrienne Arsht Center Metromover Station, 0.3 mi
#5 in Edgewater · #100 in Miami
Half a mile or less. The shade on the way matters more than the distance.
5 rail stations nearby
Distances are straight-line, not walking or driving.
Getting around
Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
72
/ 100
A−
own.miami Score
A data-grounded score for Aria on the Bay from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value60
$739/sqft — vs. Edgewater condos, then all of Miami
Momentum54
+1.1% $/sqft over 6 months
Liquidity46
10.5 months of supply · 103 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age82
Built 2018 — vs. Edgewater buildings
own.miami Condo Index
105At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#315 of 698 tracked Miami condos
Top 45% by price per sq ft
#10 of 36 in Edgewater
Momentum
→ Steady
$739/sqft median ask
Liquidity
Balanced
Floor plans
Unit A
3 bd · 4 ba · 2,364 sqft
The stacks
15 lines · modeled from 127 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Aria on the Bay’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -07 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -00 | 2 bd · 2.5 ba | 1,171 sqft | SkylineWaterfront | $642/sqft | +$5 | $594/sqft → $756/sqft | 9 |
| -01 | 2 bd · 2.5 ba | 1,178 sqft | BayWaterfront | $632/sqft | +$1 | $602/sqft → $642/sqft | 13 |
| -02 | 1 bd · 1.5 ba | 766 sqft | BayWaterfront | $649/sqft | +$4 | $615/sqft → $738/sqft | 4 |
| -03 | 1 bd · 1.5 ba | 759 sqft | BayWaterfront | $659/sqft | +$3 | $601/sqft → $715/sqft | 14 |
| -04 | 1 bd · 1.5 ba | 745 sqft | BayWaterfront | $718/sqft | $-2 | $788/sqft → $704/sqft | 14 |
| -05 | 1 bd · 1.5 ba | 743 sqft | BayWaterfront | $699/sqft | +$1 | $659/sqft → $704/sqft | 11 |
| -06 | 1 bd · 2 ba | 979 sqft | BayWaterfront | $667/sqft | $-4 | $747/sqft → $634/sqft | 3 |
| -07Best value | 1 bd · 2 ba | 979 sqft | BayWaterfront | $625/sqft | +$2 | $610/sqft → $658/sqft | 3 |
| -08 | 1 bd · 2 ba | 888 sqft | BayWaterfront | $687/sqft | +$2 | $660/sqft → $730/sqft | 14 |
| -09 | 2 bd · 3 ba | 1,257 sqft | BayWaterfront | $684/sqft | +$6 | $641/sqft → $846/sqft | 7 |
| -10 | 3 bd · 3.5 ba | 1,592 sqft | BayWaterfront | $722/sqft | +$8 | $644/sqft → $886/sqft | 8 |
| -11 | 2 bd · 3 ba | 1,161 sqft | BayWaterfront | $761/sqft | +$10 | $569/sqft → $1,037/sqft | 7 |
| -12 | 3 bd · 4 ba | 2,018 sqft | BayWaterfront | $1,015/sqft | +$3 | $990/sqft → $1,075/sqft | 9 |
| -15 | 3 bd · 4 ba | 2,018 sqft | BayWaterfront | $1,103/sqft | +$5 | $937/sqft → $1,155/sqft | 7 |
| Penthouses | 2 bd · 3 ba | 3,013 sqft | BayWaterfront | $1,229/sqft | — | — | 2 |
Modeled from Aria on the Bay’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Aria on the Bay’s own sales history.
Estimated value
$607,000
$577,000–$638,000 · $620/sqft
Moderate confidence · 3 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Aria on the Bay?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$450,000$606/sqft
1 bd · 1.5 ba · 743 sqft
488 NE 18th St #2205
Listing courtesy of Blackbook Properties, Sepehr Niakan (Lic. #3102146) · MLS #A12113681
$505,000$665/sqft
1 bd · 1.5 ba · 759 sqft
488 NE 18TH #2603
Listing courtesy of Luxe Properties, Alan Abreu (Lic. #3374739) · MLS #A12107799
$1,500,000$942/sqft
3 bd · 3.5 ba · 1,592 sqft
488 NE 18th St #4010
Listing courtesy of Compass Florida, LLC, Ekaterina Ladik (Lic. #3497566) · MLS #A12108314
$740,000$632/sqft
2 bd · 2.5 ba · 1,171 sqft
488 NE 18th St #1601
Listing courtesy of Fortune Christie's International Real Estate, Pedro Castillo (Lic. #3408970) · MLS #A12102303
$1,475,000$927/sqft
3 bd · 3.5 ba · 1,592 sqft
488 NE 18th St #4310
Listing courtesy of Fortune International Realty, Goritza Draskovich (Lic. #3350475) · MLS #A12102883
$1,295,000$932/sqft
2 bd · 2.5 ba · 1,390 sqft
488 NE 18th Street #5009
Listing courtesy of Serhant, Shane Aronson (Lic. #3588928) · MLS #B26083575
$999,999$814/sqft
2 bd · 3 ba · 1,228 sqft
488 NE 18th St #4805
Listing courtesy of Douglas Elliman, Liora Rahimi (Lic. #3373957) · MLS #A12094345
$494,000$645/sqft
1 bd · 1.5 ba · 766 sqft
488 NE 18th St #2902
Short-term leases OK
Listing courtesy of Sustainable RE, LLC., Brandon Ramos (Lic. #3356087) · MLS #A12083769
$800,000$683/sqft
2 bd · 2.5 ba · 1,171 sqft
488 NE 18th St #3100
Listing courtesy of Florida Realty Agency, Sebastian Ramirez (Lic. #3514525) · MLS #A12078855
$612,000$625/sqft
1 bd · 2 ba · 979 sqft
488 NE 18th St #1907
Listing courtesy of Cervera Real Estate Inc., Marioly Saldana (Lic. #3186630) · MLS #A12074669
$2,250,000$1,115/sqft
3 bd · 4 ba · 2,018 sqft
488 NE 18th Street #1515
Listing courtesy of TruDeals Realty Corp, Candace Garber (Lic. #3533048) · MLS #B26056567
$645,000$726/sqft
1 bd · 2 ba · 888 sqft
488 NE 18th Street Apt 3508 #Apt 3508
Listing courtesy of New Adventures Inc., Morys A Azcarate M (Lic. #3049673) · MLS #B26049326
Sold $/sqft trend
3-month rolling median of closed sales in Aria on the Bay; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 488 NE 18th St
- Year built
- 2018
- Floors
- 53
- Residences
- 647
- Developer
- Melo Group
- Architect
- Arquitectonica
- Waterfront
- Yes
Developed by
Melo Group71
A− · Developer Score
- Ranks #2 of 5 scored Melo Group buildings
- Asking $739/sqft here vs $592/sqft across the developer's portfolio
- 69% of the developer's portfolio has no adverse verified record
- All 5 buildings by this developer
Amenities
- · Pool
- · Spa
- · Fitness center
- · Yoga studio
- · Sauna
- · Steam room
- · Hot tub
- · Theater
- · Game room
- · Library
- · Business center
- · Social room
- · Children's playroom
- · Teen lounge
- · Valet
- · Concierge
- · Security
- · Bbq area
Building rules
- Parking
- The building offers valet service and some units include assigned covered parking.
Special assessments & recertification outlook
ClearPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 24 purchase or refinance loans on this building in the last 12 months, financing 38% of its recorded sales, and accepted a down payment as low as 5.4%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 73/100.
Source: Miami-Dade Clerk official records
- Built 2018 — its first 25-year structural milestone inspection is due around 2043
Estimated from Aria on the Bay’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Aria on the Bay: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 36
- 24 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 38%
- 42 recorded sales, 12 months · Resales only
- Average down payment
- 28.7%
- Lowest down payment accepted
- 5.4%
Loan programmes, 24 months:Conventional 25Private lenders 8Other 3
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 11.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 2.7 ft
- Lowest nearby street
- 2.0 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.0 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR76146 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Aria on the Bay cost?+
There are 27 condos for sale at Aria on the Bay, from $450,000, with a median asking price of $945,000 ($739/sqft).
How much are the HOA fees at Aria on the Bay?+
HOA / maintenance fees at Aria on the Bay run around $1,254 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Aria on the Bay a waterfront building?+
Yes — Aria on the Bay is a waterfront building (Edgewater).
When was Aria on the Bay built?+
Aria on the Bay was built in 2018, 53 stories, 647 residences.
Who developed Aria on the Bay?+
Aria on the Bay was developed by Melo Group and designed by Arquitectonica. Melo Group's own.miami Developer Score is A− across 5 buildings.
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