# Aria on the Bay

As of 2026-10-30, Aria on the Bay in Edgewater has 27 units for sale at a median asking price of $945K ($739/sqft); 31 units sold in the last 12 months.

Aria on the Bay is a luxury waterfront condominium in the Edgewater neighborhood of Miami.

## Key facts

| | |
|---|---|
| Address | 488 NE 18th St |
| Neighborhood | Edgewater |
| Year built | 2018 |
| Floors | 53 |
| Units | 647 |
| Waterfront | yes |
| Developer | Melo Group |
| Architect | Arquitectonica |
| For sale | 27 |
| Pending | 6 |
| Median asking price | $945,000 |
| Median asking $/sqft | $739/sqft |
| Sold, last 12 months | 31 |
| Median sold $/sqft, 12 months | $684/sqft |
| Months of inventory | 10.5 |
| Median HOA | $1,254/mo |
| Parking | The building offers valet service and some units include assigned covered parking. |

## Own Miami measures

- **own.miami Building Score: 72 (A−)**
  - Value: 60 — $739/sqft — vs. Edgewater condos, then all of Miami
  - Momentum: 54 — +1.1% $/sqft over 6 months
  - Liquidity: 46 — 10.5 months of supply · 103 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 82 — Built 2018 — vs. Edgewater buildings
- **Own Miami Condo Index: 105** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 315 of 698 tracked Miami condos)
- **Financeability Index: 73** (good; 12-month window, 36 recorded mortgages, 38% of sales bank-financed, lowest down payment 5.4%, as of 2026-10-31)
- Special-assessment outlook: clear (next structural milestone inspection due 2043)

## Building health (verified public records)

- Public records checked 2026-10-30: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-18)

## Frequently asked questions

**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.

## Related pages

- [Edgewater — neighborhood guide](https://own.miami/edgewater)
- [All units for sale at Aria on the Bay](https://own.miami/buildings/aria-on-the-bay/for-sale)
- [Paraiso Bayviews](https://own.miami/buildings/paraiso-bayviews)
- [Paraiso Bay](https://own.miami/buildings/paraiso-bay)
- [Canvas](https://own.miami/buildings/canvas)
- [Icon Bay](https://own.miami/buildings/icon-bay)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/aria-on-the-bay
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai